Indian Renewable Energy Development Authority Ltd or IREDA Share Price is in the news today. The company has reported its Q1 results already. It shows a decline in standalone profits but impressive growth in outstanding loan amount. Should you buy, hold, or sell these shares? Let’s check company financials, recent news, target price,s and recommendations.
IREDA Share Price in The Market Today
As of today, IREDA Share price is at Rs 147.61. That is 0.16% up since the market opening, and touched a high of Rs 148.65. The current UC limit is at Rs 162.11 and the LC limit is at Rs 132.64. The total market capitalization of the company stands around Rs 41,427 crores.
Company Financials
The company has recently published its Q1 results for the financial year 2025-2026. This shows a 36% fall in standalone profits to Rs 247 crores; this number was Rs 384 crores same period last year. The PAT has declined by more, 51% fall in PAT. However, interest income has grown by 29% to Rs 1909 crores. The NBFC has an outstanding loan book of Rs 79941 crores as of 30th June 2025, which is a 27% increase in outstanding compared to Rs 76282 crores during the same period last year.
Recent News About IREDA
- IREDA has reported an impressive growth in loan sanctions of 29% in the first quarter of FY25-26. Disbursements rose by 31%, and outstanding loans jumped 27%.
- In July, CMD Shri Pradip Kumar Das led a high-profile panel at the 22nd Renewable Energy Summit. He talked about India’s achievement of 234 GW renewable capacity, which is the world’s fourth-largest Renewable market, and plans to triple its total renewable capacity by 2030 to meet India’s goal.
IREDA Share Price Target
Just like popular stocks, IREDA Shares also have multiple target prices available. S&P Global Market Intelligence has suggested a Rs 173 target price by the end of this year. FIGW projected a Rs 220.92 for the upcoming twelve months. On the other hand, Consensus has suggested Rs 173 as the target price for this year.
Recommendation on Buy or Sell
According to the moneycontrol website, 50% of the analysts suggest buying IREDA Shares. The remaining 50% suggests holding. On the other hand, Consensus analysts suggest buying these shares on Trendlyne.
Disclaimer: All the information mentioned above is from individual analysts or broking companies. Indiahood does not give any advice. Make sure to consult with certified experts before taking any investment-related decisions. This Article is for educational purposes only.
