IREDA Share Price Fells Nearly 1%, Should You Buy or Sell? Check Recommendations

Indian Renewable Energy Development Agency Limited or IREDA Share Price is in the news as the shares have plunged by nearly 1% yesterday. Though the company has reported good financial results in the last quarter. What are analysts suggesting? Let’s check recommendations and recent news.

IREDA Share Price in The Market

As of today IREDA Share price is at Rs 175. That is 0.82% down. Yesterday, shares opened at Rs 174 and touched a high of Rs 175.94. The current UC limit is at Rs 194.08, and the LC limit is at Rs 158.79. The total market capitalization of the company stands around Rs 47,000 crores.

Company Financials

The company has shown a strong financial result in Q4 of March 2025, ending the quarter. Consolidated profits were up by 49% to Rs 502 Crore on a YoY basis. Even revenue from operations was up by 37% to Rs 1905 crore, and operating profits are 55% higher to Rs 770 Crores.

Recent News about IREDA

• The QIP is a significant step for IREDA, aiming to boost its capital and support growth in India’s renewable energy sector.
• The board has cleared all related documents, and several top merchant bankers are managing the issue. The government’s equity dilution through this QIP is capped at 7%.
• IREDA’s retail investor base has grown rapidly, with over 26 lakh retail shareholders now holding more than 20% of the company.

IREDA Share Price Target

IREDA Shares have multiple share price targets predicted by different institutions and analysts. FIGW suggested an average Rs 220.92 target by the end of 2025. Trademint suggested an average of Rs 485. On the other hand, Consensus suggested Rs 173 by the end of 2025.

Recommendations on Buy or Sell

As per the moneycontrol website, 50% of the analysts suggest buying IREDA shares. The rest 50% suggest holding. On the other hand, Consensus analysts suggest buying these shares.