Indian Renewable Energy Development Agency Ltd (IREDA) is a government-owned financial institution dedicated to promoting and financing renewable energy projects in India. Established under the Ministry of New and Renewable Energy, IREDA plays a key role in supporting sustainable energy initiatives, including solar, wind, biomass, and small hydro projects. Indian Renewable Share Price on NSE as of 3 January 2025 is 228.03 INR. Here will provide you more details on Indian Renewable Share Price Target 2025, 2026 to 2030.
Indian Renewable Energy Dev Agency Ltd: Market Overview
- Open: ₹221.58
- High: ₹229.70
- Low: ₹220.61
- Previous Close: ₹222.46
- Volume: 19,740,994
- Value (Lacs): ₹45,013.41
- VWAP: ₹226.36
- UC Limit: ₹266.95
- LC Limit: ₹177.96
- 52 Week High: ₹310.00
- 52 Week Low: ₹101.20
- Mkt Cap (Rs. Cr.): ₹61,286
- Face Value: ₹10
Indian Renewable Share Price Chart
Indian Renewable Share Price Target Tomorrow 2025 To 2030
| Indian Renewable Share Price Target Years | Share Price Target |
| 2025 | ₹310 |
| 2026 | ₹440 |
| 2027 | ₹570 |
| 2028 | ₹700 |
| 2029 | ₹830 |
| 2030 | ₹940 |
Indian Renewable Share Price Target 2025
Indian Renewable share price target 2025 Expected target could be ₹310. Here are 4 Key Factors Affecting Growth for Indian Renewable Energy Development Agency Ltd (IREDA) Share Price Target 2025:
- Government Policies and Support: Favorable policies like subsidies, tax benefits, and incentives for renewable energy projects will drive demand for IREDA’s financial services.
- Expansion of Renewable Energy Capacity: India’s target of achieving 500 GW of non-fossil fuel capacity by 2030 will create significant financing opportunities for IREDA, boosting its growth.
- Increasing Private Sector Participation: Rising interest from private companies in renewable energy projects can increase demand for IREDA’s funding solutions.
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Global Climate Commitments: India’s commitment to global climate goals and renewable energy targets, such as reducing carbon emissions and reliance on fossil fuels, ensures a steady pipeline of projects needing financial backing.
Indian Renewable Share Price Target 2030
Indian Renewable share price target 2030 Expected target could be ₹940. Here are 4 Risks and Challenges for Indian Renewable Energy Development Agency Ltd (IREDA) Share Price Target 2030:
- Dependence on Government Policies: Any changes or delays in government policies, subsidies, or support programs for renewable energy could negatively impact project financing and growth prospects.
- Economic Uncertainties: Global economic slowdowns or domestic financial challenges could reduce investments in renewable energy projects, affecting IREDA’s lending portfolio.
- Technological Disruptions: Advancements in renewable technologies might require higher investments or alter market dynamics, potentially impacting existing financing models.
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Project Execution Risks: Delays, cost overruns, or operational inefficiencies in funded renewable energy projects could lead to higher non-performing assets (NPAs) and financial strain.
Indian Renewable Energy Shareholding Pattern
- Promoters: 75%
- FII: 2.02%
- DII: 0.35%
- Public: 22.62%
Indian Renewable Energy Financials
| (INR) | 2024 | Y/Y change |
| Revenue | 18.68B | 40.69% |
| Operating expense | 2.00B | 21.21% |
| Net income | 12.52B | 44.83% |
| Net profit margin | 67.02 | 2.93% |
| Earnings per share | 5.16 | — |
| EBITDA | — | — |
| Effective tax rate | 25.69% | — |
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