IREDA means Indian Renewable Energy Development Agency. It is a government company that gives money for green projects like solar and wind energy. Because the world is moving toward clean energy, IREDA is getting more popular among investors.
IREDA Company Details
| Detail | Value |
|---|---|
| Market Cap | ₹42,422 Crore |
| P/E Ratio | 24.6 |
| Book Value | ₹46 |
| Face Value | ₹10 |
| ROE | 18% |
| ROCE | 9.37% |
| Current Price | ₹151 |
| 52-Week High / Low | ₹234 / ₹137 |
IREDA is helping India move toward clean and green power. The government supports its projects, which means its future looks bright.
IREDA Share Price Target 2025
In 2025, IREDA’s share price may reach around ₹165. Government help and more green projects will bring steady growth.
IREDA Share Price Target 2026
In 2026, the price can go up to ₹190. The company is expected to earn more profit as more green loans increase.
IREDA Share Price Target 2027
By 2027, IREDA may touch ₹250. The company will focus on new energy technologies and green funding.
IREDA Share Price Target 2028
In 2028, it can reach ₹320. Global funding support and government programs will help the company grow faster.
IREDA Share Price Target 2029
In 2029, the price can reach ₹390. IREDA will invest in hydrogen and big solar projects, helping it earn more money.
IREDA Share Price Target 2030
By 2030, IREDA’s target may go up to ₹470. It can become one of India’s top green energy finance companies.
IREDA Share Price Target Table
| Year | Target Price |
|---|---|
| 2025 | ₹165 |
| 2026 | ₹190 |
| 2027 | ₹250 |
| 2028 | ₹320 |
| 2029 | ₹390 |
| 2030 | ₹470 |
IREDA Shareholding Pattern
| Shareholder Type | Holding (%) |
|---|---|
| Promoter (Government) | 71.8 |
| FII | 1.9 |
| DII | 2.6 |
| Public | 23.8 |
Summary
IREDA is a government-backed company that supports renewable energy. As India grows in green energy, IREDA can be a good long-term investment. But always talk to a financial advisor before investing.
Disclaimer: This article is only for learning. It is not investment advice. Please check with your financial expert before buying any stock.
