IREDA Share Price Target 2025, 2030, 2040, 2050

The Indian Renewable Energy Development Agency Ltd. (NSE: IREDA) is an essential actor in India’s renewable energy project finance landscape.

The mission of the Independent Renewable Energy Development Agency (IREDA), a government-run initiative, is to advance the use of alternative energy sources such as solar, wind, biomass, and hydropower. We will examine IREDA market performance and prospects to determine the expected share price objectives for 2024–2050.

What is Indian Renewable Energy Dev Agency Ltd NSE: IREDA?

The Indian government Ministry of New and Renewable Energy (MNRE) oversees IREDA, founded in 1987. The organization’s primary role is to back renewable energy projects financially via its status as an NBFC. Given IREDA’s critical role in helping India reach its renewable energy targets, the government owns 75% of the company. The agency’s strong stock market performance has garnered attention, particularly after its initial public offering (IPO) in 2023.

IREDA Share Price Target Tomorrow

The stock has much liquidity and gives you very sharp movement. Recently its price reached an all-time high and then fell continuously. As per analysis, it could fall for some days, but after it, you will see a massive bullish run, so it is a good opportunity to buy on deep after the trend reversal.

DayMinimum Price (Rs)Maximum Price (Rs)
Tomorrow-9+14

IREDA Share Price Target 2025

The company helps finance renewable energy projects like solar and wind power across the country. Since India has set a target to have 500 GW of renewable energy by 2030, It plays an important role in making this happen. As the government continues to support green energy and people demand more clean energy, it is likely to see steady growth, which will help raise its stock price over the next few years. In 2025, its share price target would be ₹377 as per our analysis.

In 2025, its share price would be between ₹92 to ₹377 as per our prediction.

YearMinimum Price (Rs)Maximum Price (Rs)
202564377
MonthMinimum Price  (Rs)Maximum Price (Rs)
January173245
February146223
March136201
April124231
May92208
June104254
July124287
August158314
September137368
October145389
November165325
December180377

IREDA Share Price Target 2026

The government continue supporting clean energy and more investments will come into the renewable energy sector. It is in a good position to take advantage of these trends. With the government backing the company financially and its important role in helping India achieve its energy goals, investor confidence in it will grow, which should lead to an increase in its share price. In 2026, its share price target would be ₹500 as per our prediction.

Its share price would be between ₹166 to ₹500 in 2026, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
2026166500
MonthMinimum Price  (Rs)Maximum Price (Rs)
January290410
February241375
March189224
April166187
May178224
June208287
July256321
August287365
September325397
October365423
November387468
December478500

Share Price Target 2027

The government’s push for cleaner energy and moving away from traditional energy sources provide it with more opportunities to help fund big projects like solar and wind farms. Since it is a major player in helping India meet its renewable energy targets, the company is expected to earn more money from these projects. As a result, its stock price is likely to go up, and it will continue to strengthen its position as an important company in the renewable energy industry. In 2027, its share price target would be ₹604 as per our analysis.

In 2027, its share price would be between ₹274 to ₹604 as per our prediction.

YearMinimum Price (Rs)Maximum Price (Rs)
2027274604
MonthMinimum Price  (Rs)Maximum Price (Rs)
January478519
February421452
March365400
April274374
May325365
June346398
July365425
August389475
September435528
October494556
November532584
December571604

Share Price Target 2028

With the government continuing to push for green energy, It has more chances to fund large projects. This helps the company increase its earnings and grow further. As It becomes more important in India’s energy transition, more investors will want to buy its shares, which should push the stock price up. Its ability to fund and support renewable energy projects will remain a key factor in its success. In 2028, its share price target would be ₹750 as per our prediction.

Its share price would be between ₹428 to ₹750 in 2028, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
2028428750
MonthMinimum Price  (Rs)Maximum Price (Rs)
January571628
February523554
March489501
April428456
May438489
June457512
July489538
August518587
September564600
October587645
November621687
December646750

Share Price Target 2029

The renewable energy market is growing around the world, and it could start working on projects in other countries. This would bring in new investments and partnerships, helping the company grow. With the global shift towards cleaner energy, its experience and ability to finance these projects will make it an attractive partner. This will lead to more growth and a stronger stock price for it. In 2029, its share price target would be ₹945 as per our analysis.

In 2029, its share price would be between ₹546 to ₹945 as per our prediction.

YearMinimum Price (Rs)Maximum Price (Rs)
2029546945
MonthMinimum Price  (Rs)Maximum Price (Rs)
January646768
February624657
March587600
April546574
May564594
June578658
July631678
August658710
September678758
October725788
November758889
December854945

IREDA Share Price Target 2030

The company is involved in financing many large-scale renewable energy projects, and this will help it grow. As a trusted leader in the renewable energy field, it will see more opportunities to expand. With the company helping India achieve its renewable energy goals, its stock price is expected to rise, reflecting the company’s important role in the country’s energy future. In 2030, its share price target would be ₹1145 as per our prediction.

Its share price would be between ₹700 to ₹1145 in 2030, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
20307001145
MonthMinimum Price  (Rs)Maximum Price (Rs)
January854988
February808845
March765814
April700784
May754825
June794845
July825878
August856935
September8971058
October9781087
November10251098
December10781145

Share Price Target 2040

India has made significant progress in meeting its renewable energy targets, with It helping to fund many of these projects. As renewable energy continues to grow worldwide, Its experience and success in financing energy projects will help it stay on top. This will lead to steady growth and higher stock prices, as more investors see the company as a key player in the global green energy market. In 2040, its share price target would be ₹2247 as per our analysis.

In 2040, its share price would be between ₹1874 to ₹2247 as per our prediction.

YearMinimum Price (Rs)Maximum Price (Rs)
204018742247
MonthMinimum Price  (Rs)Maximum Price (Rs)
January18741894
February18871935
March19151956
April19411987
May19582036
June19872075
July20452098
August20742120
September20982143
October21242168
November21462190
December21782247

Share Price Target 2050

With a strong history of helping finance renewable energy, the company’s stock price will continue to grow. As It plays a crucial role in financing global renewable energy projects, its stock price is expected to reflect its long-term success and stability, providing good value for investors over time. In 2050, its share price target would be ₹3491 as per our prediction.

Its share price would be between ₹3089 to ₹3491 in 2050, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
205030893491
MonthMinimum Price  (Rs)Maximum Price (Rs)
January30893121
February31003154
March31283178
April31543190
May31683227
June31873246
July32243259
August32423290
September32653321
October32873346
November33143451
December34123491

Should I Buy IREDA Stock?

YearMinimum Price (Rs)Maximum Price (Rs)
202564377
2026166500
2027274604
2028428750
2029546945
20307001145
204018742247
205030893491

Investors have seen substantial returns because of IREDA’s stellar performance since its first public offering (IPO). People worldwide are looking for more sustainable energy alternatives, and the government correctly emphasizes renewable energy finance. However, prospective investors should consider the market stability before putting their money into the agency.

Indian Renewable Energy Dev Agency Earning Results

Profit after tax (PAT) increased by 30% yearly, while operating revenue increased by 32%, contributing to IREDA’s quarterly solid results report. These outcomes demonstrate the agency’s robust financial situation and ability to support renewable energy initiatives efficiently.

Company NameIndian Renewable Energy Development Agency Ltd
Market Cap₹284.26 Cr (As of July 2024)
P/E Ratio (TTM)N/A
P/B RatioN/A
Industry P/EN/A
Debt to Equity RatioN/A
ROEN/A
EPS (TTM)N/A
Dividend Yield0.00%
52 Week High₹310.00
52 Week Low₹50.00
Book ValueN/A
Face Value₹10
Official WebsiteIREDA

Is IREDA Stock Good to Buy? (Bull Case & Bear Case)

Bull Case:

  • With government backing and investment in the renewable energy industry on the rise, IREDA is in a solid position to take advantage of this trend.
  • The agency’s remarkable profit figures and solid financial performance show that the company is stable.
  • Analysts say the price may go up much more, perhaps hitting ₹350 soon.

Bear Case:

  • The quick price gain since the IPO suggests that the stock could be overpriced.
  • The success of IREDA may be affected by economic and market uncertainties.
  • Be wary of any pullbacks, mainly if the stock can’t keep its upward pace.

Conclusion

IREDA offers an attractive renewable energy investment opportunity. Its favorable growth forecast, dedication to funding sustainable projects, and commanding market position put it in a prime position to capitalize on India’s surging demand for renewable energy. But, investors should keep a sharp eye on the market before making any investing choices.

FAQs

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

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

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

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.

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

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