Indian Renewable Energy Development Agency Ltd, or IREDA, Share Price is in the news. The stock has already up spiked 0.14%. Should you buy, hold, or sell? Let’s find out the company’s financials, recent news, target price, and recommendations.
IREDA Share Price in The Market Today
As of today, the IREDA Share price is at Rs 167.37. That is 0.14% up since the market opening, and touched a high of Rs 167.97. The current UC limit is at Rs 183.84, and the LC limit is at Rs 150.41. The total market capitalization of the company stands around Rs 46,886 crores.
Company Financials
The Q4 financial results for IREDA is out already. It shows net profit of Rs 502 crores, which is up from the Rs 337 crores in the same period last year. Overall revenue for FY24-25 has also grown by 36% on a YoY basis. Also, expenses have grown by 41% to Rs 1285 crore in the quarter ended on March 2025, which was Rs 912 crores in the same period last year.
Recent News About IREDA
IREDA has raised Rs 2000 cr by issuing 12.14 crore equity shares at Rs 155.14 / share in June 2025. Now the government’s take in the company is at 71.76%
IREDA Share Price Target
IREDA Shares has multiple target prices from many analysts and institutions. S&P Global suggested a target between Rs 150 to Rs 280, that means an average of Rs 215 by the year end. Consensus suggested target price of Rs 173 by the end of 2025.
Recommendation on Buy or Sell
According to the moneycontrol website, 50% of the analysts suggest buying. The remaining 50% suggest holding. On the other hand, Consensus analyst suggests for buying these stocks.
Disclaimer: All the information shared in this article is for informational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend Buy or Sell, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
