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IREDA shares climb 20% in seven sessions

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IREDA shares rose 7.38% to close at Rs 119.71, marking a 20.19% gain over seven sessions. The company reported a 0.5% YoY net profit increase to Rs 552 crore in Q2 FY27, with operating profit up 16.5%. Despite the rally, strategists advise existing investors to sell on rallies and avoid fresh positions.

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