Indian Renewable Energy Development Agency Ltd, or IREDA, Share Price is in the news as the company has recently released its Q4 Results and showed a strong performance. Net profit was up by 49%, which has gained more investor interest. What is the target price, and should you buy or sell? Check recommendations.
IREDA Share Price in the Market
Yesterday, on 30th April 2025, the IREDA Share Price closed at Rs 167.06, which is 0.62% down. The current UC limit is at Rs 184.9,2, and the LC Limit is at Rs 151.29. The total market capitalization of the company stands at around Rs 44,901 crores.
Company Financials
The company has reported its Q4 FY25 data on 15th April. It shows a 49% rise in net profit to Rs 502 Crore, which was Rs 337 Crore last year. Net revenue for the year 2024-25 is Rs 1,698.60 Crore, that is a 36% growth from last year’s Rs 1,252.24 Crore. Expenses also rose up by 41% on a YoY basis, and NII or Net interest income was Rs 758 crore, which is a 57% growth compared to last year.
Recent News About IREDA
- The company is actively supporting India’s renewable energy goals by lending and financial innovation. And IREDA’s strong quarterly result has boosted investor confidence.
- IREDA has recently discussed raising funds via Qualified Institutional Placement to grow further.
- The Indian Government continued backing IREDA with 75% holding, which suggests stability and growth.
IREDA Share Price Target
According to FIGW, the IREDA Share Price could touch Rs 220.92 by the end of 2025. Consensus analysts suggests a target price of Rs 208.67.
Recommendation on Buy or Sell
Leading brokerage firms have issued a ‘Buy’ rating for IREDA Shares. According to the Moneycontrol website, 67% of analysts suggest Buy, and the remaining 33% suggest Hold. On the other hand, Consensus also suggests Buy for IREDA Shares.
Disclaimer: All the information given in the article is for informational purposes only. All the views and recommendations are of individual analysts or experts. India Hood does not recommend any Buy or Sell. Investors are strongly advised to consult with certified experts before making any investment-related decisions.
