IREDA shares drop over 1% as RBI rejects its request for equity investment in Nepal’s 900 MW Upper Karnali Hydropower Project. Indian Renewable Energy Development Agency Ltd (IREDA) shares dropped over 1 percent in early trade on Monday. The shares of the company dropped to an intraday low of Rs 147.2 per share on the NSE. Later it pared some of its losses to to quote at Rs 148.7 apiece, down by 0.59 percent. The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions. For confidential support call the Samaritans on 08457 90 90 90 or visit a local Samaritans branch, see www.samaritans.org for details. In the U.S. call the National Suicide Prevention Lifeline on 1-800-273-8255. For support on suicide matters in the UK call the 08457 909090.