Indian Renewable Energy Development Agency Ltd Share Price (IREDA)

Indian Renewable Energy Development Agency Ltd share price today stands at ₹164.97, Open: ₹168, Previous Close: ₹167.93, High: ₹169.25, Low: ₹164.52, 52 Week High: ₹310, 52 Week Low: ₹137.01.

Today's traded volume of Indian Renewable Energy Development Agency Ltd is 1.10Cr. Which means that 1.10Cr 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 ₹47,175.42 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 ₹164.97, which is -46.78% down from its 52 week high and 20.41% up from its 52 week low.

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

IREDA recorded total assets of ₹79,734 crore in FY25, a 27.37% rise as compared to ₹62,600 crore in FY24.

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.

Yes, IREDA is profitable and reported ₹1,699 crore profits during FY25 with a net profit margin of 25.19%.

On the last trading day, June 16, 2025, IREDA's (Indian Renewable Energy Development Agency Ltd.) share price actually closed at ₹167.93, a rise of 0.40% from the previous close of ₹167.26. However, the stock has experienced recent downward pressure, declining by 8.7% in the seven days leading up to June 16, 2025. This recent fall could be attributed to several factors, including the news around June 13, 2025, that the National Company Law Tribunal (NCLT) admitted IREDA's insolvency petition against Gensol Engineering for a default of approximately ₹510 crore. Additionally, a Qualified Institutional Placement (QIP) launched around June 5, 2025, and the expiry of a lock-in period for a significant number of shares on June 2, 2025, may have contributed to selling pressure.

Despite recent volatility, IREDA reported a strong financial performance for Q4 FY25 (quarter ending March 2025), with Total Revenue of ₹1916 crore and Profit After Tax (PAT) of ₹502 crore. As of June 16, 2025, its P/E (TTM) was 18.78 and P/B ratio was 3.27. The ROE was 5.94% (period not specified on the source, typically TTM as of June 2025). Analyst ratings from the same date indicate that 50% recommend a 'Buy', with an average target price of ₹173. While the Gensol default poses a risk, strengths include recent financial growth and increased FII holding (to 3.26% as of the March 2025 quarter). Investors should weigh these recent developments and fundamental data.

On June 16, 2025, IREDA's (Indian Renewable Energy Development Agency Ltd.) share price closed at ₹167.93, up 0.40% from the previous close of ₹167.26. This rise may reflect strong Q4 FY24-25 (quarter ended March 2025) results, where Total Revenue was ₹1,905 crore and Profit After Tax (PAT) was ₹501.55 crore. A Qualified Institutional Placement (QIP) in early June 2025 to raise funds for green energy projects also signals positive growth prospects.

50% of analysts (2 surveyed, as of June 16, 2025) rate IREDA a 'BUY' with an average target price of ₹173. Key financial indicators (as of June 16, 2025, unless stated) include a P/E ratio (TTM) of 18.78, a P/B ratio of 3.27, and an ROE (TTM) of 5.94%. While the 3-month return (as of June 16, 2025) was strong at +21.06%, investors should note recent volatility (1-month return as of June 16, 2025: -3.48%). A reduction in promoter holding to 71.76% (reported for the June 2025 quarter by Indmoney) is also a point to consider, though IREDA's focus on green financing remains a key strength.

Indian Renewable Energy Development Agency Ltd (IREDA) closed at ₹167.93 on June 16, 2025, a +0.40% change from its previous close of ₹167.26. Analyst sentiment for IREDA appears cautiously optimistic; as of June 2025, 50% of 2 analysts recommend a 'Buy' and 50% recommend 'Hold', with an average price target of ₹173 (S&P Global, via Indmoney). Recent share performance shows a -3.48% return over the past month and a -6.05% return over the past year (as of June 16, 2025, from Indmoney). The company recently launched a Qualified Institutional Placement (QIP) in early June 2025 to raise funds, indicating plans for future growth financing.

IREDA's financial performance for the fiscal year ending March 31, 2025 (FY25) showed a Profit After Tax (PAT) of ₹1699 crore (Indmoney, FY25) on a Total Revenue of approximately ₹6760 crore (Tickertape, for FY25). For the latest quarter, Q4 FY25, Total Revenue was ₹1916 crore with a PAT of ₹502 crore (Indmoney, Q4 FY25). Key valuation metrics include a P/E (TTM) of 18.78 and a P/B ratio of 3.27 (Indmoney, as of June 2025). The latest reported ROE was 5.94% (Indmoney, as of June 2025). Strengths include its position as a key government-backed entity in green energy financing and increased FII holding (to 3.26% in the June 2025 quarter from Indmoney). Risks include potential volatility from factors such as ongoing recovery proceedings, like the one initiated by IREDA against Gensol Engineering, and a recent decrease in promoter holding to 71.76% (Indmoney, June 2025 quarter), though it remains substantial.