Investors have recently expressed a strong interest in renewable energy companies, reflecting the global shift toward sustainable practices. The Indian Renewable Energy Development Agency Limited (IREDA) is one such company that has gained traction. In this article, we will examine IREDA share price, NSE using a fundamental analysis approach.
IREDA Company Overview
IREDA demonstrates India’s commitment to sustainable energy and solutions. IREDA was established in 1987 as a non-banking financial institution under the administrative control of the Ministry of New and Renewable Energy, and it has made significant contributions to the country’s renewable energy sector. Has made an extremely important contribution. The IREDA company was founded with the vision of developing wind, hydro, electricity, and other renewable resources.
IREDA Share Price, NSE Target 2024
Regarding IREDA Company’s share price target for 2024, the company launched its IPO in November and was listed in November, increasing IREDA Shares. After the continuous rise, investors began to invest in it, but what is the IREDA share price target for 2024? IREDA’s share price target for 2024 is Rs ₹210.56 paise, with an expected initial decline.
| IREDA Share Price Target 2024 | Price |
| January 2024 | ₹150.40 |
| February 2024 | ₹155.45 |
| March 2024 | ₹158.50 |
| April 2024 | ₹164.50 |
| May 2024 | ₹169.60 |
| June 2024 | ₹172.75 |
| July 2024 | ₹175.75 |
| August 2024 | ₹186.80 |
| September 2024 | ₹190.90 |
| October 2024 | ₹195.90 |
| November 2024 | ₹199.95 |
| December 2024 | ₹210.56 |
IREDA Share Price Target 2025
Investors in IREDA should first understand that IREDA distributes loans. If the company fails to repay the loan, what will its share price be? Investors are currently keeping their share price targets very high. However, this should not be done. If the company faces loan recovery challenges in the future, its stock will plummet dramatically.
| IREDA Share Price Target 2025 | Price |
| January 2025 | ₹222.10 |
| February 2025 | ₹234.10 |
| March 2025 | ₹230.20 |
| April 2025 | ₹232.20 |
| May 2025 | ₹234.15 |
| June 2025 | ₹235.10 |
| July 2025 | ₹237.20 |
| August 2025 | ₹230.30 |
| September 2025 | ₹238.35 |
| October 2025 | ₹242.40 |
| November 2025 | ₹245.40 |
| December 2025 | ₹247.98 |
IREDA Share Price Target 2026
| IREDA Share Price Target 2026 | Price |
| January 2026 | ₹248.60 |
| February 2026 | ₹248.65 |
| March 2026 | ₹249.70 |
| April 2026 | ₹250.75 |
| May 2026 | ₹251.80 |
| June 2026 | ₹121.90 |
| July 2026 | ₹250.00 |
| August 2026 | ₹252.30 |
| September 2026 | ₹253.35 |
| October 2026 | ₹253.40 |
| November 2026 | ₹254.40 |
| December 2026 | ₹256.76 |
IREDA Share Price Target 2027
IREDA Share Price Target: ₹274.40 in 2027. IREDA’s share price target is ₹274.40 in 2027, indicating potential for further growth.
| IREDA Share Price Target 2027 | Price |
| January 2027 | ₹259.60 |
| February 2027 | ₹260.65 |
| March 2027 | ₹261.70 |
| April 2027 | ₹262.75 |
| May 2027 | ₹263.80 |
| June 2027 | ₹264.90 |
| July 2027 | ₹265.00 |
| August 2027 | ₹267.30 |
| September 2027 | ₹269.35 |
| October 2027 | ₹271.40 |
| November 2027 | ₹272.40 |
| December 2027 | ₹274.40 |
IREDA Share Price Target 2028
IREDA’s share price target is ₹274.40 in 2027. The IREDA share price is projected to reach ₹274.40 in 2027, indicating potential for further growth.
| IREDA Share Price Target 2028 | Price |
| January 2028 | ₹275.50 |
| February 2028 | ₹277.50 |
| March 2028 | ₹279.50 |
| April 2028 | ₹280.60 |
| May 2028 | ₹283.65 |
| June 2028 | ₹288.60 |
| July 2028 | ₹290.44 |
| August 2028 | ₹292.50 |
| September 2028 | ₹294.00 |
| October 2028 | ₹295.30 |
| November 2028 | ₹298.55 |
| December 2028 | ₹301.54 |
IREDA Share Price Target 2030
IREDA Company played a role in the successful National Shore Mission program that began in 2010. This initiative aimed to help India advance in solar energy. IREDA has made significant contributions to the renewable energy sector by partnering with international organizations and providing financial resources. IREDA’s impact extends beyond national boundaries.
| IREDA Share Price Target 2030 | Price |
| January 2030 | ₹323.10 |
| February 2030 | ₹325.20 |
| March 2030 | ₹326.40 |
| April 2030 | ₹328.60 |
| May 2030 | ₹331.65 |
| June 2030 | ₹333.80 |
| July 2030 | ₹335.00 |
| August 2030 | ₹338.30 |
| September 2030 | ₹340.60 |
| October 2030 | ₹345.70 |
| November 2030 | ₹349.90 |
| December 230 | ₹354.43 |
Points to be considered before investing in IREDA
- The Indian Renewable Energy Development Agency Ltd (IREDA) IPO will sell 26,87,76,471 shares at an upper price band of ₹32 per share, resulting in an offer size of ₹860.08 crore.
- The Indian Renewable Energy Development Agency Ltd (IREDA) IPO will sell 67,19,41,177 shares at an upper price band of ₹32 per share, totaling ₹2,150.21 crore.
- Let’s start with the new issue section. The Indian Renewable Energy Development Agency Ltd (IREDA) IPO will issue 40,31,64,706 shares at an upper price band of 32 per share, totaling 1,290.13 crores.
- Indian Renewable Energy Development Agency Ltd (IREDA) IPO will be a combination of a new issue and an offer for sale. Fresh issues tend to attract new funds, but they can also dilute earnings per share and equity. An offer for sale, on the other hand, is simply a transfer of ownership that does not result in any dilution of equity or EPS.
FAQ’S
Q1. How do I buy Indian Renewable Energy Development Agency Ltd stock?
Ans. You can easily purchase stocks/shares of Indian Renewable Energy Development Agency Ltd (IREDA) through a broker or a financial institution by opening a Demat & Trading account.
Q2. What are the PE and PB ratios for the Indian Renewable Energy Development Agency Ltd.?
Ans. The price-to-earnings (P/E) and price-to-book (P/B) ratios for Indian Renewable Energy Development Agency Ltd are 34.03 and 6.7, respectively.
Q3. What is the market capitalization of Indian Renewable Energy Development Agency Limited?
Ans. Market capitalization, or market cap, refers to the market value of a publicly traded company’s outstanding shares. As of March 9, 2024, the market capitalization of Indian Renewable Energy Development Agency Ltd (IREDA) was ₹39,765 crore.