Indian Renewable Energy Development Agency or IREDA Share price is on the news as the stock is in positive movement, despite volatility in the market. Also, the Q4 results have been announced, which showed a good sign of growth. What are analysts suggesting? Let’s find out recommendations.
IREDA Share Price in The Market
As of today, 24th May 2025, IREDA Share Prices are at Rs 171.85. Yesterday, shares closed at Rs 170.70. The current UC limit is at Rs 187.77, and the LC limit is at Rs 153.63. The total market capitalization of the company stands at around Rs 46,189 crores.
Company Financials
Indian Renewable Energy Development Agency or IREDA has delivered a strong financial performance in Q4 FY25. Net profit rose 49% year-on-year to Rs 502 crore compared to Rs 337 crore in the same quarter last year. Revenue from operations for the quarter increased by 37% to Rs 1,904 crore, while net interest income grew 57% to Rs 758 crore. Expenses also saw a significant rise of 41%, reaching Rs 1,285 crore.
Recent News About IREDA
- In FY25, IREDA’s net profit stood at Rs 1,699 crore, up 36% from FY24. The company’s loan order book grew 28% year-on-year to Rs 76,250 crore as of March 2025.
- Recently, IREDA’s Board approved the appointment of M/s R.M. Bansal & Co. as Cost Auditor for FY26 in its meeting on April 15, 2025.
- The company filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Gensol Engineering Limited, following regulatory scrutiny and allegations of fund misuse in the sector.
IREDA Share Price Target
IREDA has mixed target price predictions. FIGW has suggested Rs 192.74 to Rs 252.10 by the end of 2025. Whereas Trademint suggested Rs 264.25 to Rs 485 by the year-end. Consensus suggested Rs 173.00 on trendlyne.
Recommendation on Buy or Sell
According to the moneycontrol website, 50% of the analysts suggest buying IREDA Shares. The rest 50% suggest holding. However, Consensus analysts suggest buying IREDA 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.
