What is IREDA?

IREDA, the Indian Renewable Energy Development Agency Ltd, is a government-run initiative that helps fund renewable energy projects in India.

What is IREDA's current market cap?

As of July 2024, the market capitalization of IREDA is approximately ₹284.26 crore.

What is the predicted IREDA share price target for 2025?

In 2025, analysts predict that IREDA share price will range from 292 to 350 rupees, with an average of 321 rupees.

Is IREDA stock good to buy?

IREDA is a promising investment option due to its impressive track record and promising future development. Market circumstances and the agency financial stability are important factors for investors to examine.

What are the key factors driving the growth of IREDA?

Critical reasons include strong financial performance, deliberate efforts to increase its market share, and growing government backing for renewable energy.

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