Indian Renewable Energy Development Agency Ltd, or IREDA Share Price is in the news today. Is it the right time to buy, hold, or sell IREDA Shares? Let’s check the company’s financials, recent news, target prices, and recommendations.
IREDA Share Price in The Market Today
As of today, the IREDA Share Price is at Rs 141.79. That is 0.92% up since the market opening, and touched a high of Rs 142.28. The current UC limit is at Rs 154.55 and the LC limit is at Rs 126.45. The total market capitalization of the company stands around Rs 39,832 crores.
Company Financials
The Q1 financial results for IREDA have been published already. It shows a 27.97% jump in total income to Rs 1938.11 crores. But operating profits were down by 35.01% to Rs 335.72 crores, and profit after tax has also declined by 35.66% to Rs 246.88 crores. Operating margins have also fallen by 49.22% which is concerning for investors. All these figures are based on YoY changes.
Recent News About IREDA
- IREDA signed a performance-based MoU with the Ministry of New and Renewable Energy (MNRE) to execute a Rs 8200 crore target for FY26. This is 786 crores higher than the previous year.
- At the Rajasthan Business Summit held in August 2025, the CMD of IREDA said that innovative financing models will accelerate renewable energy growth in our country.
- The company has given Rs 1739 crores to Juniper Green Energy in debt financing to fund growth and development.
IREDA Share Target Price
IREDA Shares have multiple target prices available in the market from analysts and institutions. S&P Global has suggested a target price range between Rs 150 and Rs 196. FIGW suggests shares could hit Rs 238.63 by September. However, Consensus suggests a target of Rs 173 for these shares.
Recommendation on Buy or Sell
According to the moneycontrol website, 50% of the analysts suggest buying IREDA Shares. The remaining 50% suggest selling out. On the other hand, Consensus 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.
