3.57% Fall in IREDA Share Price, Should You Buy or Sell? Check Recommendations

Indian Renewable Energy Development Agency Ltd or IREDA Share price is in the news as the shares have fallen nearly 3.61% after market opening. Should you buy or sell? Let’s find out expert’s recommendations.

IREDA Share Price in The Market Today

As of today, 13th June 2025, IREDA Share Price is at Rs 169.29 that is 3.57% Down. Today shares opened at Rs 167 and touched a high of Rs 169.89. The current UC limit is at Rs 193.10 and the LC limit is at Rs 157.99. The total market capitalization of the company stands around Rs 47574 crores.

Company Financials

The company has reported a standalone profit of Rs 502 crores in quarter-ended on march 2025. IREDA reported a net profit of Rs 1698.60 crores, which is up by 36% compared to last year. Expenses were raused by 41%tonRs 1285 crores. Where as net interest income had 57% growth to Rs 758 crore.

Recent News about IREDA

• The QIP was a major event, where IREDA issued 12.15 crore quity shares at Rs 165.14 each. Total bids were worth Rs 2005.90 crores against the base size of Rs 1500 Crore.
• LIC has become one of the biggest investors. It took 50% of the shares and invested nearly Rs 1003 Crores in IREDA. Foreign investors have also taken a bite of these companies’ shares.

IREDA Share Target Price

IREDA has multiple target prices from various analysts and institutions. Phillip Capital suggested Rs 250 to Rs 260 by the end of this year. FIGW suggested Rs 192.74 to Rs 252.10 by the end of 2025. Also, Consensus suggested Rs 173by the end of this year.

Recommendation on Buy or Sell

According to the moneycontrol website, 50% of the analyst suggests buying for IREDA Shares. The rest, 50%, suggest hold. On the other hand, Consensus alalyst also suggests Buy for these shares.