Stock to buy, Sept. 22 -- Indian Renewable Energy Development Agency (IREDA)shares traded flat but in the red on Monday. The PSU stock has given 8 percent returns in the past one month but has fallen 3.5 percent in three months and over 30 percent in one year.

However, analysts believe the IREDA stock is technically poised to see a decent upward momentum. Sumeet Bagadia, Executive Director at Choice Broking, has recommended the index heavyweight Larsen & Toubro shares as his Navratri Pick.

IREDA shares are currently trading at Rs.159.25 apiece. The largecap stock is down nearly 34 per cent from its 52-week high of Rs.239.95, hit in October 2024. Meanwhile, it touched its 52-week low of Rs.137 in March 2025.

After an extended consolidat...