The Indian Renewable Energy Development Agency limited or IREDA Share Price is on the news as it has announced Provisional financial results for FY 25 and huge fundraising initiative overseas. What expert’s are saying? Let’s find out.
IREDA Share Price in Today’s Market
As of today, 1st April 2025, IREDA Share Prices are at Rs 160.80 which is 0.13% up from the opening price. Today shares opened at Rs 160.40 and went high as Rs 161.85. The current UC limit is at Rs 176.64 and the LC limit is at Rs 144.53. Also, the total market capitalization of the company stands around Rs 43,337 Crore.
Company Financials
As per the last provisional financial report submitted by the company in FY25 IREDA has done very well. Loan sanctions were increased by 27% compared to last year totaling at Rs Rs 47,453 Crore. Also, loan disbursements were increased to Rs 30,168 crore which is 20% higher than the previous year. But the share prices have come down to nearly 50% of the 52-week high.
Recent news of IREDA
- Recently IREDA has secured a Facility Agreement with SBI’s Tokyo branch to raise 26 Billion JPY. This will enhance the capability of IREDA to support more upcoming projects.
- IREDA Chairman and MD, Pradip Kumar Das has emphasized this facility will help diversify their resource base and optimize cost while re-enforcing global investor confidence.
- IREDA’s bond issuance made headlines after getting Rs 910 crore to fund green energy projects.
IREDA Share Target Price
Analysts have mixed opinions about IREDA Share Target Price. Some suggest it could touch Rs 264.25 to Rs 485 by the end of 2025. Consensus suggests Rs 208.67 till the end of 2025.
Recommendation on Buy or Sell
As per the current situation, many analysts suggest investing in IREDA as there are many opportunities to look forward. On moneycontrol, 67% of the 3 analysts suggest Buy for IREDA Shares. The rest 33% suggest selling shares. Also, on Trendlyne, Consensus gives a Buy rating for these shares.
