Written by Team IndiBlogHub » Updated on: March 07th, 2025
It is a well-known fact that India is focusing more on green or renewable energy in its efforts to curb the adverse effects of climate change. Therefore, renewable energy has emerged as a big theme for investors as well. As a result, a lot of them think of investing in the shares of Indian Renewable Energy Development Agency (IREDA). So, if you too are keen on this sector, you should keep an eye on IREDA share price. But before you do that, you should open demat account, if you have not done that already. You need an online demat account to invest in IREDA and other shares.
As the Central Government is focusing on green energy, major players in the power sector too are fine-tuning their strategies to concentrate more on renewable energy. IREDA is one of the leading stocks in this space.
If you do not have an online demat account, you can open demat account with an online broker, like Bajaj Broking. Keep in mind that you cannot invest in shares in India without a demat account. Hence, you should have a demat account to invest in IREDA and other shares.
Moreover, over a long period of time, shares can provide you with a much better return than other options, like bank fixed deposits. Therefore, everyone should have an online demat and trading account.
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