IREDA Share Price is again on the news as the company has gained more than 5% since the market opened today. The company is also going to publish its Q4 financial reports after the board meeting today. Should you Buy or Sell these shares? Let’s find out what experts are recommending.
IREDA Share Price in Share Market Today
As of Today 15th April 2025, IREDA Share Price is at Rs 162.41 which is 5.32% up. Today Shares opened at Rs 159.00 and touched a high of Rs 163.15. The current UC limit is at Rs 169.62 and the LC limit is at Rs 138.78.
Company Financials
IREDA has reported good growth in its main business in FY24-25. Loan sanctions have increased by 27% to Rs 47,453 Crore. Even The disbursement rate also grew by 20%. Ub Q3 IREDA has reported a net profit of Rs 425 Crore, which was Rs 387.85 Crore in Q2. The total market capitalization of the company stands at Rs 43,630 crore.
Recent News about IREDA
- A new retail subsidiary has been formed to support projects like rooftop solar, PM Kusum, and electric vehicles to target the growing B2C segment.
- The government has been pushing for 500 GW of clean energy capacity by the end of 2030, this has also added strength to the IREDA growth.
- The company is organising a board meeting today 15th April 2025. After this meeting, Q4 results could be published.
IREDA Share Target Price
Mahesh M Ojha, AVP of Research at Hensex Securities says it could teach Rs 174 soon. Also, IREDA Shares could reach Rs 200 by the end of 2025. Consensus analysts suggest share price could hit Rs 208.67 by the end of 2025.
Recommendation on Buy or Sell
As the market conditions are volatile due to recent changes in US Tariff experts are advising investors to follow technical charts. Also, they are optimistic about IREDA’s Share price. According to the Moneycontrol website, 67% of analysts suggest buying IREDA shares and 33% suggest selling.
All the information given above is for informational purposes only. Investors are strongly advised to consult with certified experts before making any investment-related decision.
