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 ₹205
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
Downside of
High
₹280
Target
₹205.00
Low
₹130
Indian Renewable Energy Development Agency Ltd target price ₹205, a slight downside of -1.93% compared to current price of ₹206.32. 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, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Indian Renewable Energy Development Agency Ltd EPS growth forecast
EPS estimate Q1, FY2026:0
Forecast
Actual
Source: S&P Global Market Intelligence
Indian Renewable Energy Development Agency Ltd Performance
Day's Low
Day's High
₹203.25Day's Price Range₹209.7952 Week's Low
52 Week's High
₹95.5552-Week Price Range₹310
| Returns % | |
| 1 Month Return | + 13.25 % |
| 3 Month Return | -9.21 % |
| 1 Year Return | + 90.2 % |
| Market Stats | |
| Previous Close | ₹209.03 |
| Open | ₹209.15 |
| Volume | 67.13L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹55,456.65Cr |
Indian Renewable Energy Development Agency Ltd Key Statistics
| P/E Ratio | 0 |
| PEG Ratio | 0 |
| Market Cap | ₹55,456.65 Cr |
| P/B Ratio | 4.27 |
| EPS | 0 |
| Dividend Yield | 0 |
| Sector | Finance |
| ROE | 17.28 |
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 | ₹55,456.65 Cr | 49.68% | 0.93 | ₹346 Cr | ₹2,614 Cr | |
| BUY | ₹49,693.16 Cr | 115.29% | 0.91 | ₹2,116 Cr | ₹7,828 Cr | |
| BUY | ₹39,425.91 Cr | 23.11% | 0.50 | ₹392 Cr | ₹46,580 Cr | |
| BUY | ₹47,814.04 Cr | 23.27% | 0.50 | ₹1,106 Cr | ₹2,035 Cr | |
| BUY | ₹93,340.77 Cr | 7.24% | 0.50 | ₹1,942 Cr | ₹3,159 Cr |
Indian Renewable Energy Development Agency Ltd Mutual Fund Holdings
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: ₹206.32 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹55,456.65Cr 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 |
Key events for Indian Renewable Energy Development Agency Ltd
IREDA Advances Renewable Energy Financing Solutions - 07 Dec, 2024
IREDA held its 18th Stakeholders' Meet, focusing on competitive financing solutions for renewable energy. CMD Pradip Kumar Das emphasized achievements, compliance, and new financing norms to enhance project bankability and support India's renewable energy goals.Positive Outlook for IREDA Stock with Target Levels - 05 Dec, 2024
Investors are advised to hold IREDA shares and consider adding to their positions. Medium-term targets are set at Rs 250-260, with long-term expectations exceeding Rs 325. The stock rose 2.35% to Rs 222.10.IREDA Stock Surges Post Navratna Status and Bond Success - 03 Dec, 2024
IREDA shares have shown impressive growth, listing at ₹50 and rising 242.5% since. The company benefits from Navratna status and strong investor interest in its bond issuance, enhancing its financial flexibility in the growing renewable energy sector.IREDA Share Price Soars After Strong Q2 Results - 29 Nov, 2024
IREDA's share price is rising following a robust Q2 FY25, with a net profit of Rs 3.9 billion, a 36% increase year-over-year. Revenue also surged by 38%. The stock reached a record high of Rs 310 in July 2024, driven by positive market sentiment after the BJP's victory in Maharashtra Assembly elections.IREDA Shares Surge Amid Strong Performance - 28 Nov, 2024
IREDA shares have gained 15% over five sessions, reaching an intraday high of ₹213. The stock has rallied significantly in 2024, despite recent corrections.IREDA Reports Strong Financial Growth and Reduced NPAs - 25 Nov, 2024
Indian Renewable Energy Development Agency (IREDA) announced a 36% YoY increase in PAT, with significant reductions in NPAs and strong growth in PBT and PAT for Q2 2024-25.IREDA Launches Eco-Friendly Mobility Initiative - 15 Nov, 2024
Union minister Pralhad Joshi launched battery vehicles at Jagannath Temple, supported by IREDA's CSR program, promoting eco-friendly mobility and enhancing accessibility for visitors.IREDA Stock Recovers Amid Market Weakness - 14 Nov, 2024
On November 14, 2024, IREDA shares increased by 2.5% after facing an 18% decline over the past month. The stock was trading at Rs 192.
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 IMPACTRetail Holding Up
Retail Investor have increased holdings from 21.88% to 22.62% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 75.00% of holdings in Sep 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 2.70% to 2.02% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, IREDA stock has moved down by -6.7%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 0.24% to 0.19% in Sep 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 | 2.02% | ||
| Mutual Funds | 0.19% | ||
| Retail Investors | 22.62% | 3.40 | |
| Others | 0.16% |
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 36.18% since last year same period to ₹387.75Cr in the Q2 2024-2025. On a quarterly growth basis, Indian Renewable Energy Development Agency Ltd has generated 1.06% 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.
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Indian Renewable Energy Development Agency Ltd (IREDA) share price today is ₹206.32
Indian Renewable Energy Development Agency Ltd is listed on NSE
Indian Renewable Energy Development Agency Ltd is listed on BSE
- Today’s highest price of Indian Renewable Energy Development Agency Ltd is ₹209.79.
- Today’s lowest price of Indian Renewable Energy Development Agency Ltd is ₹203.25.
Today’s traded volume of Indian Renewable Energy Development Agency Ltd(IREDA) is 67.13L.
Today’s market capitalisation of Indian Renewable Energy Development Agency Ltd(IREDA) is ₹55456.65Cr.
| Indian Renewable Energy Development Agency Ltd(IREDA | Price |
|---|---|
52 Week High | ₹310 |
52 Week Low | ₹95.55 |
Indian Renewable Energy Development Agency Ltd(IREDA) share price is ₹206.32. It is down -33.45% from its 52 Week High price of ₹310
Indian Renewable Energy Development Agency Ltd(IREDA) share price is ₹206.32. It is up 115.93% from its 52 Week Low price of ₹95.55
| Indian Renewable Energy Development Agency Ltd(IREDA | Returns |
|---|---|
1 Day Returns | -2.71% |
1 Month Returns | 13.25% |
3 Month Returns | -9.21% |
1 Year Returns | 90.2% |