Indian Renewable Energy Development Agency Ltd Share Price (IREDA)

Indian Renewable Energy Development Agency Ltd share price today stands at ₹166.67, Open: ₹167.83, Previous Close: ₹167.52, High: ₹168.3, Low: ₹165.53, 52 Week High: ₹310, 52 Week Low: ₹137.01.

Today's traded volume of Indian Renewable Energy Development Agency Ltd is 56.14L. Which means that 56.14L shares of Indian Renewable Energy Development Agency Ltd were bought and sold on the stock market during today's trading session.

Today's market capitalisation of Indian Renewable Energy Development Agency Ltd is ₹46,821.46 Cr. Market cap or market capitalisation is the total value of a company’s outstanding shares in the stock market, calculated by multiplying the current share price by the total number of shares issued by the company.

Indian Renewable Energy Development Agency Ltd’s 52 week high is ₹310 and 52 week low is ₹137.01. The current share price of Indian Renewable Energy Development Agency Ltd is ₹166.67, which is -46.24% down from its 52 week high and 21.65% up from its 52 week low.

As of May 2025, the current Chairman and Managing Director (CMD) of IREDA is Shri Pradip Kumar Das.

As of March 2025, the President of India, through Secretary MNRE, owns a significant 75% shares while FIIs and DIIs hold 1.74% and 0.51% stake, respectively.

On the last trading day, July 3, 2025, IREDA's share price closed at ₹167.52, a fall of 0.43% from the previous day's close of ₹170.39. The stock has been consolidating in a narrow range recently, indicating a period of sluggishness. This downward pressure can be attributed to several factors, including a recent Qualified Institutional Placement (QIP) to raise funds, which can dilute equity, and the company's initiation of an insolvency petition against a debtor in mid-June 2025, which may have created short-term uncertainty for investors.

Despite the recent price dip, IREDA's financial performance remains strong. For the fiscal year ended March 31, 2025, the company reported a Total Revenue of ₹6,742 crore and a Profit After Tax (PAT) of ₹1,699 crore. The Return on Equity (ROE) for FY25 was a healthy 28.97%, showcasing efficient management. Analyst outlook is mixed, reflecting both the risks and potential; as of late June 2025, price targets were around ₹173, while other analysts have set higher targets of ₹265, highlighting the stock's long-term potential tied to India's renewable energy sector.

Actually, on the last trading day, July 3, 2025, IREDA's share price closed at ₹167.52, a fall of 0.43% from the previous close of ₹170.39. The stock has been consolidating recently after periods of volatility. However, the positive sentiment you may be referring to likely stems from the company's strong provisional business update for the quarter ending June 30, 2025. During this period, IREDA reported a 29% year-on-year growth in loan sanctions and a 31% increase in loan disbursements, which signals robust operational performance and has previously boosted investor confidence.

Fundamentally, IREDA remains strong, reporting a Total Revenue of ₹6,742 crore and a Profit After Tax (PAT) of ₹1,699 crore for the fiscal year ended March 31, 2025. The Return on Equity (ROE) for FY25 was a healthy 28.97%. Despite this, recent downward pressure has been linked to a fund-raising via a Qualified Institutional Placement (QIP) and a reduction in promoter holdings. As of late June 2025, the stock's P/E ratio was approximately 28.3. Analysts have an average target price of ₹173, suggesting a slight potential upside from its recent closing price.

On the last trading day, July 3, 2025, IREDA's share price stood at ₹167.52, a decrease of 0.42% from the previous close of ₹168.23. The company's future is closely tied to India's renewable energy ambitions, bolstered by its 'Navratna' status. For the fiscal year ending March 31, 2024, IREDA reported total assets of ₹62,761 crore. In the latest quarter, Q4 FY25, the company posted a revenue of ₹1,916 crore and a net income of ₹502 crore, demonstrating solid financial performance.

The outlook for IREDA is one of cautious optimism, supported by strong fundamentals and government policy. The company's Return on Equity (ROE) was 17.28% and its Price to Book (P/B) ratio was 4.27 as of July 2025. Analyst recommendations from the same period are evenly split, with 50% advising a 'Buy' and 50% a 'Hold', with an average price target of ₹173. Future growth is expected to be driven by a significant borrowing program for FY26 and the establishment of a new subsidiary for retail business in green energy. However, investors should remain aware of market volatility and recent events such as a Qualified Institutional Placement (QIP) in June 2025.