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 of15.26%
High
₹280
Target
₹215.00
Low
₹150
Indian Renewable Energy Development Agency Ltd target price ₹215, a slight upside of 15.26% compared to current price of ₹191.88. 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
Indian Renewable Energy Development Agency Ltd Performance
Day's Low
Day's High
₹189.34Day's Price Range₹194.252 Week's Low
52 Week's High
₹121.0552-Week Price Range₹310
| Returns % | |
| 1 Month Return | -13.11 % |
| 3 Month Return | -9.18 % |
| 1 Year Return | -8.92 % |
| Market Stats | |
| Previous Close | ₹186.53 |
| Open | ₹190.00 |
| Volume | 54.93L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹50,134.88Cr |
Indian Renewable Energy Development Agency Ltd Key Statistics
| P/E Ratio | 0 |
| PEG Ratio | 0 |
| Market Cap | ₹50,134.88 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 | ₹50,134.88 Cr | 42.18% | 0.93 | ₹346 Cr | ₹2,614 Cr | |
| BUY | ₹36,060.63 Cr | 6.02% | 0.92 | ₹1,943 Cr | ₹15,962 Cr | |
| BUY | ₹38,565.35 Cr | 39.2% | 0.63 | ₹804 Cr | ₹2,920 Cr | |
| BUY | ₹36,123.05 Cr | 11.71% | 0.50 | ₹1,106 Cr | ₹2,035 Cr | |
| BUY | ₹39,659.64 Cr | 84.68% | 0.91 | ₹2,116 Cr | ₹7,828 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: ₹191.88 per share as on 04 Feb, 2025 04:01 PM
Market Capitalisation: ₹50,134.88Cr 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
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.IREDA Plans Fundraising Through QIP - 18 Jan, 2025
IREDA has scheduled a board meeting on January 23, 2025, to consider raising funds via a Qualified Institutions Placement (QIP). The stock has shown significant growth since its IPO, reaching a record high of ₹310 in July 2024, reflecting strong investor interest.IREDA Announces Joint Venture and Strong Earnings - 17 Jan, 2025
Indian Renewable Energy Development Agency (IREDA) reported robust Q3FY25 results, followed by a surge in shares after announcing a Joint Venture for the Upper Karnali Hydro-electric Project in Nepal.IREDA Shows Positive Trading Sentiment - 16 Jan, 2025
IREDA is trading at Rs 208.98, reflecting positive investor sentiment. Fibonacci support levels suggest potential buying opportunities around Rs 207.54 and Rs 207.1, with a 52-week high of Rs 310.00 indicating long-term upside potential.IREDA Faces NPA Challenge from Waste-to-Energy Loan - 14 Jan, 2025
IREDA's net non-performing assets rose to Rs 1,024 crore, primarily due to a Rs 433-crore default in the waste-to-energy sector. The chairman reassured that this segment constitutes only 1% of their total loan portfolio, indicating it should not be a major concern.IREDA Shares Surge on QIP Plans and Strong Earnings - 13 Jan, 2025
IREDA plans to raise Rs 4,500 crore through a QIP, boosting investor confidence. The company reported a 27% YoY net profit increase for Q3 FY25, leading to a significant rise in share prices.IREDA Reports Strong Earnings Amid Asset Quality Concerns - 10 Jan, 2025
On January 10, 2025, IREDA reported a significant rise in revenue and profit for Q3 FY 2024-25, but shares faced pressure due to worsening asset quality. Despite this, shares gained over 3% following the earnings announcement.IREDA Reports Strong Q3 Results and Share Gains - 09 Jan, 2025
Indian Renewable Energy Development Agency (IREDA) shares gained ahead of Q3 results, which showed a 27% rise in net profit and a 35% increase in revenue.IREDA Shows Strong Bullish Momentum - 08 Jan, 2025
IREDA stock is exhibiting a robust bullish setup with higher highs and lows, positive MACD, and strong trading volumes. The stock is above key moving averages, indicating a potential upside of 16% with a target price of ₹253.IREDA Faces Loss Amid Market Decline - 07 Jan, 2025
On January 7, 2025, IREDA was one of the biggest losers in the public sector as the NSE Nifty and BSE Sensex fell over 1.6%. A breakout above Rs 230.24 could target Rs 310, while Rs 205.60 serves as crucial support.IREDA Stock Shows Positive Momentum Potential - 06 Jan, 2025
IREDA's stock is poised for upward movement, with analysts recommending buy and hold strategies. Target prices range from Rs. 250 to Rs. 260, driven by strong fundamentals and government support for renewable energy financing.IREDA Reports Strong Q3 Growth and Earnings - 03 Jan, 2025
Indian Renewable Energy Development Agency Ltd (IREDA) is set to announce Q3 FY 2024-25 results, showcasing a 129% YoY growth in sanctioned loans and a 41% increase in loan disbursements. Shares rose 4.14% to Rs 231.40, reflecting strong business performance.
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 IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 2.02% to 1.85% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, IREDA stock has moved down by -13.1%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 22.62% to 22.51% 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.
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 ₹191.88, Open: ₹190, Previous Close: ₹186.53, High: ₹194.2, Low: ₹189.34, 52 Week High: ₹310, 52 Week Low: ₹121.05.
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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 ₹194.2.
- Today's lowest price of Indian Renewable Energy Development Agency Ltd is ₹189.34.
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 54.93L.
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 ₹50134.88Cr.
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 ₹191.88. It is down -38.10% 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 ₹191.88. It is up 58.51% from its 52 Week Low price of ₹121.05