by IREDA share price target 2024, 2025 to 2050 : Indian Renewable Energy Development Agency Ltd (NSE: IREDA) is an integral player in India’s renewable energy project finance landscape.
Independent Renewable Energy Development Agency (IREDA), a government run initiative, seeks to advance the use of alternative energy sources such as solar, wind, biomass, and hydropower. We will review IREDA market performance and prospects to establish expected share price objectives from 2024-2050.
What is Indian Renewable Energy Dev Agency Ltd NSE: IREDA?
IREDA was established by India’s Ministry of New and Renewable Energy (MNRE) in 1987 to finance renewable energy projects through its status as an NBFC. Due to IREDA’s key role in helping India reach its renewable energy targets, 75% of IREDA shares are owned by MNRE; its stock market performance gained particular notice after its initial public offering (IPO) in 2023. IREDA share price target 2024, 2025 to 2050
Indian Renewable Energy Development Agency Ltd (IREDA) had a market capitalization of Rs284.26 crore as of July 2024, yet does not disclose their price-earnings (P/E) ratio or price-to-book (P/B) ratio and these numbers remain unavailable across industry as a whole. Furthermore, no data exists for its debt-to-equity ratio, return on equity (ROE), earnings per share (EPS) for trailing twelve months (TTM), dividend yield or yield are provided. In 52 weeks its stock reached high of Rs310.00 while lows of Rs50.00 with face values being Rs10 per share respectively – further information regarding this company can be found via their official website IREDA Ltd. IREDA share price target 2024, 2025 to 2050
| Company Name | Indian Renewable Energy Development Agency Ltd |
| Market Cap | ₹284.26 Cr (As of July 2024) |
| P/E Ratio (TTM) | N/A |
| P/B Ratio | N/A |
| Industry P/E | N/A |
| Debt to Equity Ratio | N/A |
| ROE | N/A |
| EPS (TTM) | N/A |
| Dividend Yield | 0.00% |
| 52 Week High | ₹310.00 |
| 52 Week Low | ₹50.00 |
| Book Value | N/A |
| Face Value | ₹10 |
| Official Website | IREDA |
See More : Advik Capital share price target 2025 to 2050
Indian Renewable Energy Development Agency (IREDA) Ltd Company Overview
IREDA was formed under the Company Act 1956 and founded in 1987, to which Ministry of New and Renewable Energy regularly audits. IREDA share price target 2024, 2025 to 2050
IREDA plays an invaluable role in the renewable energy sector. Comprised of 2700 renewable energy projects that generate 18000 megawatts energy capacity each, energy from green sources is provided directly to people across all sorts of places through this organization. IREDA share price target 2024, 2025 to 2050
Every year millions of tons of energy are produced and delivered directly into villages and towns so people can generate electricity without polluting the environment.
Indian Renewable Energy Development Agency Ltd (IREDA), founded in 1987 and headquartered in New Delhi, operates within the renewable energy sector to advance and finance renewable energy projects throughout India. Led by founder Pradip Kumar Das and listed on both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), for more information visit their official website: ireda.in IREDA share price target 2024, 2025 to 2050
| Company Name | Indian Renewable Energy Development Agency Ltd |
| Founded | 1987 |
| Headquarters | New Delhi |
| Industry | Renewable Energy |
| Founder | Pradip Kumar Das |
| CEO | Pradip Kumar Das |
| Stock Exchange Listing | NSE & BSE |
| Official Website | ireda.in |
IREDA Share Price Target 2024
2024 projections suggest an expected target price for IREDA of Rs316 with a range from Rs105-396 depending on renewable energy source prevalence in India as well as existing agency programs providing support. IREDA share price target 2024, 2025 to 2050
Indian Renewable Energy Development Agency Ltd (IREDA) stock has seen prices range between Rs105 and Rs396, with an average of around Rs316 being paid per share in 2024. Looking at monthly price targets for 2019, January is projected to see minimum target prices of Rs105 and maximum targets of Rs155; in February the stock is anticipated to hit minimum targets of Rs190 and maximum targets of Rs213. March has an expected price range between Rs139 and 180; for April it is predicted between Rs177 and Rs185; in May it should range between Rs176 to Rs189 while June targets should fall within Rs250-Rs270. July demonstrates a price range between Rs288 to Rs312, followed by August with 285-315. In September and October the price is expected to range between 300-319; then by November the target range for November should reach between 319-336; with final targets expected between 355-796 in December. IREDA share price target 2024, 2025 to 2050
| Year | Minimum Price | Maximum Price | Average Price |
| 2024 | ₹105 | ₹396 | ₹316 |
| Month (2024) | Minimum Target | Maximum Target |
| January | Rs 105 | Rs 155 |
| February | Rs 190 | Rs 213 |
| March | Rs 139 | Rs 180 |
| April | Rs 177 | Rs 185 |
| May | Rs 176 | Rs 189 |
| June | Rs 250 | Rs 270 |
| July | Rs 288 | Rs 312 |
| August | Rs 285 | Rs 315 |
| September | Rs 300 | Rs 319 |
| October | Rs 305 | Rs 326 |
| November | Rs 319 | Rs 336 |
| December | Rs 355 | Rs 396 |
IREDA Share Price Target 2025
According to projections, the goal price in 2025 will range from 392 to 560 rupees, with an average of 461 rupees. The government pledge to increase investments in renewable energy and the agency plans for development are the main drivers of this growth.
Indian Renewable Energy Development Agency Ltd (IREDA) stock price could range between Rs392 and Rs560 by 2025, with an expected average price of around Rs461. Monthly price targets for 2018 can be summarized as follows: In January, shares of TCS are projected to hit between Rs392 and Rs406, with February targeting between Rs402 to Rs416, while March is anticipated between Rs407 and Rs417. April’s price range should fall between Rs413 to Rs425, with May reaching between Rs419 and Rs427. June and July forecasts expect between Rs421 to 433 before peaking out between Rs428 to 438 respectively. In August, prices should range between Rs430 to Rs455 with September being between Rs443 and Rs459. October has an expected range between Rs451 to Rs467 while November could potentially hit between Rs471 to Rs495. Finally, in December it’s predicted to reach between Rs515 to Rs560. IREDA share price target 2024, 2025 to 2050
| Year | Minimum Price | Maximum Price | Average Price |
| 2025 | ₹392 | ₹560 | ₹461 |
| Month (2025) | Minimum Target | Maximum Target |
| January | Rs 392 | Rs 406 |
| February | Rs 402 | Rs 416 |
| March | Rs 407 | Rs 417 |
| April | Rs 413 | Rs 425 |
| May | Rs 419 | Rs 427 |
| June | Rs 421 | Rs 433 |
| July | Rs 428 | Rs 438 |
| August | Rs 430 | Rs 455 |
| September | Rs 443 | Rs 459 |
| October | Rs 451 | Rs 467 |
| November | Rs 471 | Rs 495 |
| December | Rs 515 | Rs 560 |
IREDA Share Price Target 2030
Going forward, 2030 price objectives are estimated between 543 and 800 Rs on average; rising interest in renewable energy sources combined with IREDA strategic activities is anticipated to cause this significant upsurge in prices.
In 2030, minimum price expectations are for Rs543 with maximum pricing expected at Rs800 resulting in an expected average monthly target price of Rs671.50 across each month of 2030. Target pricing exhibited an upward trend throughout.
January is projected to see prices between Rs543 and Rs561. By February, however, these projections increase slightly with minimum targets set between Rs549 and a maximum target of Rs558; March and April forecast minimum prices reaching between Rs568-Rs574
May prices are expected to remain fairly steady, ranging between Rs561 and Rs571. June shows an upturn, with targets set at a minimum target of Rs574 and maximum target set of Rs589. As we progress into July the price should continue its ascent by reaching between Rs580-592. IREDA share price target 2024, 2025 to 2050
August’s target range for minimum price and maximum price rises remains between Rs587 and Rs599. September saw another price range expansion, stretching between Rs604 to Rs618, before October saw yet another surge, wherein minimum target reached Rs631 while maximum exceeded Rs674. IREDA share price target 2024, 2025 to 2050
As November sees further gains, prices should range between Rs679 to Rs756 before reaching an all-year-high in December with minimum costs at around Rs756 up to maximums of around Rs800. IREDA share price target 2024, 2025 to 2050
| Year | Minimum Price | Maximum Price | Average Price |
| 2030 | ₹543 | ₹800 | ₹671.50 |
| Month (2030) | Minimum Target | Maximum Target |
| January | Rs 543 | Rs 561 |
| February | Rs 549 | Rs 558 |
| March | Rs 553 | Rs 565 |
| April | Rs 568 | Rs 574 |
| May | Rs 561 | Rs 571 |
| June | Rs 574 | Rs 589 |
| July | Rs 580 | Rs 592 |
| August | Rs 587 | Rs 599 |
| September | Rs 604 | Rs 618 |
| October | Rs 631 | Rs 674 |
| November | Rs 679 | Rs 756 |
| December | Rs 756 | Rs 800 |
Share Price Target 2040
By 2040, it is expected that the share price objective should average 1,068.50 rupees on average and range between 937 to 1,200. This estimate takes into account renewable energy sector expansion as well as IREDA funding large scale projects through their involvement. IREDA share price target 2024, 2025 to 2050
| Year | Minimum Price | Maximum Price | Average Price |
| 2040 | ₹937 | ₹1,200 | ₹1,068.50 |
Share Price Target 2050
2050’s share price objective for 2050 is projected to range between 1,750 to 2,000 Indian rupees; this long term growth is anticipated due to IREDA’s efforts in supporting renewable energy projects and sector advancement. IREDA share price target 2024, 2025 to 2050
| Year | Minimum Price | Maximum Price | Average Price |
| 2050 | ₹1,500 | ₹2,000 | ₹1,750 |
Should I Buy IREDA Stock?
Investors have experienced substantial returns thanks to IREDA’s impressive performance since its initial public offering (IPO). People worldwide are searching for sustainable energy solutions, and the government correctly prioritizes renewable energy finance. Prospective investors should carefully consider market stability before placing money with this agency.
Indian Renewable Energy Dev Agency Ltd Earning Results
Profit after tax (PAT) increased annually by 30% while operating revenue jumped 32%, contributing to an impressive quarterly solid results report from IREDA. These achievements reflect their agency’s strong financial condition and ability to support renewable energy initiatives efficiently. IREDA share price target 2024, 2025 to 2050
Expert Forecasts on the Future of Indian Renewable Energy Dev Agency Ltd.
Price trends over several decades show a clear upward trajectory, beginning in 2024 when they range between Rs105 and Rs397 with an average of Rs316; by 2025 these prices had skyrocketed significantly – reaching minimum levels at Rs392 to maximum amounts at Rs560 with an average cost of Rs461. By 2030 the range expanded further still, starting with Rs543 up to and including Rs800 to produce an average cost of around Rs671.75.
Looking ahead, 2040 prices should experience a substantial surge, from an estimated minimum price of Rs937 and maximum potential Rs1,200; with the average cost predicted at an expected average price of Rs1,068.550. Continuing along this trajectory in 2050 could see minimums reach Rs1,500 while maximum potential could soar as far as Rs2000 giving an expected average cost of around Rs1.750; which signals continued market value and demand expansion over the coming decades. IREDA share price target 2024, 2025 to 2050
| Year | Minimum Price | Maximum Price | Average Price |
| 2024 | ₹105 | ₹397 | ₹316 |
| 2025 | ₹392 | ₹560 | ₹461 |
| 2030 | ₹543 | ₹800 | ₹671.50 |
| 2040 | ₹937 | ₹1,200 | ₹1,068.50 |
| 2050 | ₹1,500 | ₹2,000 | ₹1,750 |
Analysts remain hopeful about IREDA’s future due to their strategic efforts and India’s rising demand for renewable energy sources. Furthermore, its Production Linked Incentive plan (PLI) plan could significantly expand development potential of IREDA.
Is IREDA Stock Good to Buy? (Bull Case & Bear Case)
Bull Case:
With increasing government support and investment for renewable energy projects, IREDA stands poised to capitalize on this growing industry trend.
Our agency boasts outstanding profit figures and solid financial performance that demonstrate its viability and stability. IREDA share price target 2024, 2025 to 2050
Analysts anticipate an even steeper hike, possibly reaching Rs350 soon.
Bear Case:
Since its initial public offering (IPO), shares may have seen rapid price gains that suggest they might be overpriced.
Success of IREDA could be compromised by economic and market uncertainties.
Be wary of any pullbacks, particularly if a stock can no longer maintain its upward momentum.
Factors Affecting The IREDA Stock Price
An investor should understand all factors which impact IREDA’s share price, such as those listed here.
Government Policies
India’s government plays an essential part in building its renewable energy sector:
Renewable Energy Goals: The government has set ambitious renewable energy goals, such as installing 500GW of nonfossil fuel capacity by 2030. Assuming success with these targets will positively influence IREDA’s share price.
Subsidies and Incentives for Renewable Energy Projects: Financial incentives can boost viability for renewable energy projects by offering tax breaks or subsidies – thus leading to increases in share prices.
Regulation Environment: Changes to regulations surrounding renewable energy can have a dramatic effect on IREDA. A consistent and supportive regulatory environment may attract investors while simultaneously increasing share prices; on the contrary, instability or oppositional regulations could stifle both.
Economic Indicators
Interest Rates: Fluctuations in interest rates can have an enormously detrimental effect on companies in all industries, including those operating within renewable energy. Lower interest rates generally encourage investments while higher ones can discourage it – this could have serious ramifications on IREDA funding and project development efforts.
Inflation: Rising inflation can erode purchasing power and raise operational expenses for businesses. For IREDA, this could imply higher financing costs associated with renewable energy projects that may subsequently impact both profitability and share price.
Gross domestic product (GDP) growth: Economic expansion tends to spur increased energy demand and investment in infrastructure projects such as renewable energy systems.
Competition in the Renewable Energy Sector
Renewable energy industry is becoming more competitive as more public and private players join its fold:
Market Share: Ascending to leadership status among renewable energy projects could create tremendous value potential for IREDA and result in further potential expansion and value appreciation for all involved parties.
Innovation and Technological Advancement: Innovative new technologies have the ability to change markets dramatically, with potential disruption for project offerings as well as investor interest which, if managed effectively by IREDA, could eventually result in increased share prices.
Global Trends in Renewable Energy Investments
International agreements: Commitments to climate change mitigation such as the Paris Agreement can bolster global investment in renewable energy. As nations try to fulfill their promises, demand for financing from IREDA may increase which has an indirect positive effect on share price.
Foreign Investment: Rising foreign direct investment (FDI) into India’s renewable energy sector could bolster IREDA’s funding capabilities, and lead to greater international interest and share price appreciation.
Market Sentiment: International and domestic sentiment can have a direct influence on domestic stocks like IREDA’s. Positive reactions related to sustainability and clean energy could help raise its share price if its goals align with wider environmental objectives.
IREDA Shareholding Pattern
The ownership distribution for this company reflects an array of groups. A significant share, 75.00%, is held by promoters indicating strong control by founding entities; retail and other investors collectively hold 22.62%; foreign institutional investors account for 2.02% while mutual funds hold only 0.19% while other domestic institutions contribute just over one percent each – this structure indicates a dominant promoter stake with relatively lower participation from institutional and retail investors alike.
| Ownership Category | Percentage |
|---|---|
| Retail & Other | 22.62% |
| Promoters | 75.00% |
| Foreign Institution | 2.02% |
| Mutual Funds | 0.19% |
| Other Domestic Institution | 0.16% |
Conclusion
IREDA offers an attractive renewable energy investment opportunity. Its favorable growth forecast, commitment to funding sustainable projects and strong market position make IREDA well suited to take advantage of India’s increasing demand for clean energy solutions. However, investors should closely evaluate any decisions before making their purchase decision.
