Indian Renewable Energy Development Agency Ltd Share Price
(IREDA)
₹173.75▲2.09%
as on 04:01PM, 20 Feb 2025
🔔 Funding & F&O Alert
IREDA to issue 11-year bonds to raise Rs 1,500 crore and will enter F&O segment from February 28.
Indian Renewable Energy Development Agency Ltd Performance
Day's Low
Day's High
₹170.61Day's Price Range₹175.652 Week's Low
52 Week's High
₹121.0552-Week Price Range₹310
| Returns % | |
| 1 Month Return | -18.13 % |
| 3 Month Return | -7.79 % |
| 1 Year Return | -2.77 % |
| Market Stats | |
| Previous Close | ₹170.20 |
| Open | ₹171.00 |
| Volume | 1.04Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹45,745.76Cr |
Indian Renewable Energy Development Agency Ltd Key Statistics
P/E Ratio
0PEG Ratio
0Market Cap
₹45,745.76 Cr
P/B Ratio
4.27
EPS
0Dividend Yield
0Sector
Finance
ROE
17.28
Indian Renewable Energy Development Agency Ltd Mutual Fund Holdings
Indian Renewable Energy Development Agency Ltd Analyst Rating
based on 2 analysts
50.00%
Buy
0.00%
Hold
50.00%
Sell
Based on 2 analysts offering long term price targets for Indian Renewable Energy Development Agency Ltd. An average target of ₹215
Source: S&P Global Market Intelligence
Indian Renewable Energy Development Agency Ltd Share analysis
Indian Renewable Energy Development Agency Ltd price forecast by 2 analysts
Upside of26.32%
High
₹280
Target
₹215.00
Low
₹150
Indian Renewable Energy Development Agency Ltd target price ₹215, a slight upside of 26.32% compared to current price of ₹173.75. According to 2 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Indian Renewable Energy Development Agency Ltd revenue growth forecast
Expected growth rate Q1, FY2027:0
Forecast
Actual
Including amortisation and stock based compensations
Indian Renewable Energy Development Agency Ltd EPS growth forecast
EPS estimate Q1, FY2027:0
Forecast
Actual
Source: S&P Global Market Intelligence
What's happening today
Today's Timeline - Invalid Date
05:58 AM
-Buy IREDA at ₹170 with a target price of ₹185 and a stop loss of ₹162.
06:23 AM
-Shares of IREDA will be in focus after NSE confirmed inclusion in futures and options segment from February 28.
07:50 AM
-NSE announced futures and options contracts on IREDA shares will be available for trading from February 28.
Today's Timeline - Invalid Date
08:22 AM
-IREDA and Tata Technologies set to enter India's futures and options segment from March series.
10:22 AM
-Shares of IREDA gained up to 5% after NSE announced derivatives contracts starting February 28.
12:34 PM
-IREDA will enter India's fast-paced futures and options segment from the March series, according to NSE.
Today's Timeline - Invalid Date
01:51 PM
-IREDA plans to raise Rs 1,500 crore by issuing 11-year bonds, including a greenshoe option.
Key events for Indian Renewable Energy Development Agency Ltd
IREDA Gains Momentum with F&O Inclusion and Bond Issuance - 20 Feb, 2025
IREDA is set to enter the futures and options segment from February 28, boosting its stock price. Additionally, it plans to raise Rs 1,500 crore through bond issuance.IREDA Expands Operations and Trading Opportunities - 19 Feb, 2025
IREDA's subsidiary received registration to operate as a finance company, boosting shares by 2.57%. The company will also enter futures and options trading from March.IREDA Subsidiary Secures Finance Company Registration - 18 Feb, 2025
IREDA's wholly-owned subsidiary, IREDA Global Green Energy Finance IFSC Limited, has obtained provisional registration as a finance company at GIFT City, enhancing its international financing capabilities for renewable energy projects.IREDA Stock Shows Potential for Bullish Momentum - 14 Feb, 2025
Market expert Rachit Khandelwal notes IREDA's stock is fluctuating, with a potential breakout above Rs 180.90 indicating bullish momentum. Current market price is Rs 176.67.IREDA Consolidates, Key Levels for Uptrend Identified - 13 Feb, 2025
IREDA is consolidating near recent highs, with Rs 175.90 as a critical level for an uptrend. Support at Rs 164.85 is essential for downside protection.IREDA Shares Decline Ahead of Quarterly Results - 06 Feb, 2025
IREDA shares traded lower as the market anticipates quarterly results from several public sector companies. The stock opened at Rs 193.39, with a high of Rs 193.90 and a low of Rs 188.05.Market Expert Recommends HOLD on IREDA Shares - 31 Jan, 2025
Market expert Kkunal Parar suggests that IREDA shares are strong post-correction, with a target price of Rs 280/300. He recommends holding due to favorable risk-reward dynamics, anticipating reduced volatility after the Budget.IREDA Strengthens Renewable Energy Financing in Odisha - 29 Jan, 2025
IREDA disclosed a loan exposure of Rs 1,540 crore for Odisha-based energy projects, highlighting a 41% year-on-year growth in loan disbursement, reaching Rs 17,236 crore.IREDA Stock Declines but Shows Recovery Potential - 28 Jan, 2025
IREDA shares fell 4.2% to Rs 186.6, nearing support at Rs 185. Despite recent losses, market confidence remains strong due to government investments in renewable energy.IREDA Reports Strong Q3 FY25 Earnings Growth - 27 Jan, 2025
IREDA reported a 26.8% YoY increase in net profit for Q3 FY25, reaching Rs 425.4 crore. Net interest income rose 39% YoY to Rs 622.3 crore, while revenue from operations surged 35.6% YoY to Rs 1,698.45 crore.IREDA Approves Rs 5,000 Crore QIP for Green Energy - 23 Jan, 2025
IREDA's board approved a plan to raise up to Rs 5,000 crore through a QIP to finance green energy projects, ensuring minimal dilution of government ownership. Shares fell over 2% ahead of the meeting, reflecting market caution.
Insights on Indian Renewable Energy Development Agency Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 0.19% to 0.28% in Dec 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 75.00% of holdings in Dec 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 6 months, IREDA stock has moved down by -29.2%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 22.62% to 22.51% in Dec 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 2.02% to 1.85% in Dec 2024 quarter
Indian Renewable Energy Development Agency Ltd Financials
Index Inclusions
Indian Renewable Energy Development Agency Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 75% | 0.00 | |
| Foreign Institutions | 1.85% | ||
| Mutual Funds | 0.28% | 49.81 | |
| Retail Investors | 22.51% | ||
| Others | 0.36% | 116.01 |
Indian Renewable Energy Development Agency Ltd Key Indicators
Indian Renewable Energy Development Agency Ltd Earnings and Dividends
Indian Renewable Energy Development Agency Ltd Earnings Results
Indian Renewable Energy Development Agency Ltd’s net profit jumped 26.78% since last year same period to ₹425.38Cr in the Q3 2024-2025. On a quarterly growth basis, Indian Renewable Energy Development Agency Ltd has generated 9.7% jump in its net profits since last 3-months.
Read More about Earnings Results
Indian Renewable Energy Development Agency Ltd Technicals Summary
Bearish
Neutral
Bullish
Indian Renewable Energy Development Agency Ltd is currently in a Bearish trading position according to technical analysis indicators.
Indian Renewable Energy Development Agency Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹45,745.76 Cr | 36.73% | 0.93 | ₹346 Cr | ₹2,614 Cr | |
| BUY | ₹36,770.90 Cr | 89.5% | 0.91 | ₹2,116 Cr | ₹7,828 Cr | |
| BUY | ₹36,138.69 Cr | 17.07% | 0.50 | ₹392 Cr | ₹46,580 Cr | |
| BUY | ₹40,537.31 Cr | 14.52% | 0.50 | ₹3,438 Cr | ₹34,524 Cr | |
| BUY | ₹81,054.72 Cr | 2.41% | 0.50 | ₹1,942 Cr | ₹3,159 Cr |
About Indian Renewable Energy Development Agency Ltd
IREDA's share price reflects its strategic importance in promoting green energy initiatives. The company's market capitalization indicates its financial strength and the increasing interest in sustainable energy investments. While IREDA does not operate under sub-brands, its wide range of financial products, including project financing and refinancing for renewable energy projects, attracts investors focused on the growing renewable energy market. The share price is influenced by government policies, market demand for renewable energy, and the company's financial performance.
Share Price: ₹173.75 per share as on 20 Feb, 2025 04:01 PM
Market Capitalisation: ₹45,745.76Cr as of today
Listing date: 29 Nov, 2023
Chairperson Name: Pradeep Kumar Das
| Organisation | Indian Renewable Energy Development Agency Ltd |
| Headquarters | New Delhi |
| Industry | Finance |
| E-voting on shares | Click here to vote |
FAQs on Indian Renewable Energy Development Agency Ltd
What is Indian Renewable Energy Development Agency Ltd price today?
Indian Renewable Energy Development Agency Ltd share price today stands at ₹173.75, Open: ₹171, Previous Close: ₹170.2, High: ₹175.6, Low: ₹170.61, 52 Week High: ₹310, 52 Week Low: ₹121.05.
How to Buy Indian Renewable Energy Development Agency Ltd Share in India?
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Is Indian Renewable Energy Development Agency Ltd listed on NSE?
Indian Renewable Energy Development Agency Ltd is listed on NSE
Is Indian Renewable Energy Development Agency Ltd listed on BSE?
Indian Renewable Energy Development Agency Ltd is listed on BSE
What are today's High and Low prices of Indian Renewable Energy Development Agency Ltd?
- Today's highest price of Indian Renewable Energy Development Agency Ltd is ₹175.6.
- Today's lowest price of Indian Renewable Energy Development Agency Ltd is ₹170.61.
What are today's traded volumes of Indian Renewable Energy Development Agency Ltd?
Today's traded volume of Indian Renewable Energy Development Agency Ltd(IREDA) is 1.04Cr.
What is today's market capitalisation of Indian Renewable Energy Development Agency Ltd?
Today's market capitalisation of Indian Renewable Energy Development Agency Ltd(IREDA) is ₹45745.76Cr.
What is the 52 Week High and Low Range of Indian Renewable Energy Development Agency Ltd?
How much percentage Indian Renewable Energy Development Agency Ltd is down from its 52 Week High?
Indian Renewable Energy Development Agency Ltd (IREDA) share price is ₹173.75. It is down -43.95% from its 52 Week High price of ₹310
How much percentage Indian Renewable Energy Development Agency Ltd is up from its 52 Week low?
Indian Renewable Energy Development Agency Ltd (IREDA) share price is ₹173.75. It is up 43.54% from its 52 Week Low price of ₹121.05