Indian Renewable Energy Development Agency or IREDA Share Price is in the news. Should you buy, hold, or sell these shares? Let’s take a look at the company’s financials, target prices, recommendations, and decide.
IREDA Share Price in The Market Today
As of Today, the IREDA Share Price is at Rs 153.65. That is 4.28% up since the market opening, and touched a high of Rs 154.44. The current UC limit is at Rs 162.08 and the LC limit is at Rs 132.61. The total market capitalization of the company stands around Rs 43,211 crores.
Company Financials
IREDA has already released its first-quarter financial results. It shows a 27.97% growth in total income. But operating profits were down by 35.01% to Rs 335.72 crores, and profit after tax has declined by 35.66% to Rs 246.88 crores. Also, operating margins were almost halved as they fell to 49.22%. All these figures on a YoY basis.
Recent News About IREDA
- IREDA raised Rs 453 crore via its second issue of perpetual bonds at a 7.70% coupon rate in September 2025..
- IREDA signed a performance-based MoU with the Ministry of New and Renewable Energy, with a strategic revenue target of Rs 8,200 crore for FY 2025-26. Aiming for more than 21% growth in the current financial year.
IREDA Share Target Price
As one of the most popular stocks in the Indian Stock Market, IREDA Shares has multiple target price suggestions available in the market from analysts and institutions. FIGW suggested a target of around Rs 220.92. Angel One’s Technical Expert Osho Krishan recommended a short-term target of Rs 260. However, Consensus analyst suggests a target price of Rs 173 in the short-term.
Recommendation on Buy or Sell
According to the moneycontrol website, 50% of the analysts suggest buying IREDA Shares. The remaining 50% suggest holding. On the other hand, Conesneus analysts suggest buying these shares on the Trendlyne platform.
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.
