IREDA Share Price on NSE/BSE

IREDA shares closed at 158.35 on Thursday trading session. Shares had increased by 0.75% throughout the day. But since morning IREDA shares are in focus today and these were purchased extensively. The market capitalization of Indian Renewable Energy Development Agency Ltd (IREDA) shares throughout the day was Rs 42,500 crore.

Financial Growth History of IREDA Stock

Revenue of IREDA stock has grown up at a yearly rate of 13.95% as compared to the industry average revenue growth of 10.82%, market share jumped from 1.71% to 1.95% and net worth income has grown up at a yearly rate of 18.47% as compared to the industry average growth of 10.87%.

IREDA share price target

Share Price target of any share depend upon its company’s financial growth, its future plans, its position in the market, its values its investment metrices. Share price of IREDA for 2024 to be predicted as around Rs 230.00. Share price of IREDA for 2025 to be predicted as around Rs 270.00. If the market remains bullish, then this target price can go up. Share price of IREDA for 2026 to be predicted as around Rs 320.00. If the market remains in uptrends then this share price target could exceed the given estimated target.

About IREDA

IREDA is a ‘MiniRatan’ public sector government owned company. Ministry of New and Renewable Energy (MNRE) is the legal administrator of IREDA. IREDA was established in 1987. It provides financial services which are mainly based on renewable sources and energy efficiency with the motto: “ENERGY FOR EVER”. The total revenue is generated by this company 3,482 crores INR in FY2023. Number of employees are working in this company are 174 till 2023 but now these numbers has changed.

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The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions.