Indian Renewable Energy Development Agency Ltd or IREDA Share Price is again on the news. These shares have spiked 1.45% today since market opening. Should you buy, hold or sell? Let’s find out company financials, recent news and recommendations.
IREDA Share Price in The Market Today
As of today, IREDA Share price is at Rs 167.87. That is 1.45% up since the market opening, and touched a high of Rs 169.00. The current UC limit is at Rs 182.01 and the LC limit is at Rs 148.92. The total market capitalization of the company stands around Rs 47,181 crores.
Company Financials
As the Q4 results have came out for IREDA, 35.90% growth in total income can be seen. Operating profits also increased by 28.85% to Rs 615.16 crores, but operating margins have fell by 5.19%. However, profit after tax made a solid jump of 48.66% to Rs 501.55 Crores.
Recent News About IREDA
- The company has raised Rs 2,006 crore via a Qualified Institutional Placement (QIP), where LIC acquired 50% of the total issue. Also it has decreased promoter holding by 71.76% for the quarter ending June 2025
- IREDA is planning to borrow up to Rs 30,800 crore in FY26. It has already received approval to set up a wholly-owned retail renewable energy subsidiary.
IREDA Share Price Target
IREDA Share Price has multiple target prices by different analysts and institutions. S&P Global Market Intelligence and TradingView suggests a target of Rs 150 by the end of 2025. On the other hand, Consensus analyst suggests shares could hit Rs 173 by the end of this year.
Recommendations on Buy or Sell
According to the moneycontrol website, 50% of the analyst suggest buying IREDA Shares. The rest 50% suggest holding. On the other hand, Consensus analyst also suggests buy for these shares.
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.
