IREDA Share Price Target & Forecast: Indian Renewable Energy Development Agency (IREDA), a leading player in India’s renewable energy financing sector, has been a key contributor to the country’s green energy transition. As India accelerates its efforts to achieve its renewable energy targets, IREDA’s role in funding solar, wind, and other green energy projects has become increasingly vital. This article provides a detailed analysis of IREDA’s share price targets from 2025 to 2030, along with insights into its business model, market trends, and future prospects.
IREDA: An Overview
IREDA, a Mini Ratna (Category-I) government enterprise, was established in 1987 to promote and finance renewable energy projects in India. The company provides financial assistance for a wide range of projects, including solar, wind, hydro, and biomass energy. With a strong focus on sustainability, IREDA has been instrumental in supporting India’s ambitious goal of achieving 500 GW of renewable energy capacity by 2030.
In recent years, IREDA has expanded its portfolio to include emerging technologies like green hydrogen and energy storage, further solidifying its position as a leader in the renewable energy financing space.
IREDA Share Price Forecast (2025–2030)
Here’s a detailed look at IREDA’s projected share price targets for the next few years:
IREDA Share Price Target for 2025
In 2025, IREDA’s share price is expected to range between ₹192.74 and ₹252.10, with an average target of ₹220.92. This represents a potential increase of 24.57% from the current price. The growth will likely be driven by increased government spending on renewable energy projects and IREDA’s strong financial performance.
IREDA Share Price Target for 2026
By 2026, IREDA’s share price could reach a maximum of ₹418.39, with a minimum target of ₹262.54. The average price is projected to be ₹330.69, reflecting an 86.47% increase from current levels.
IREDA Share Price Target for 2027
In 2027, IREDA’s share price is expected to range between ₹435.81 and ₹608.59, with an average target of ₹511.58. This represents a potential increase of 188.47% from the current price.
IREDA Share Price Target for 2028
By 2028, IREDA’s share price could reach a maximum of ₹805.00, with a minimum target of ₹632.25. The average price is projected to be ₹703.54, reflecting a 296.72% increase from current levels.
IREDA Share Price Target for 2029
In 2029, IREDA’s share price is expected to range between ₹832.19 and ₹1,042.75, with an average target of ₹914.04. This represents a potential increase of 415.42% from the current price.
IREDA Share Price Target for 2030
By 2030, IREDA’s share price could reach a maximum of ₹1,288.31, with a minimum target of ₹1,072.88. The average price is projected to be ₹1,160.00, reflecting a 554.11% increase from current levels.
Key Factors Influencing IREDA’s Share Price
- Government Support: Increased budgetary allocations for renewable energy projects will directly benefit IREDA, driving its revenue and profitability.
- Expansion in Green Energy: IREDA’s focus on emerging technologies like green hydrogen and energy storage will open new revenue streams and enhance growth prospects.
- Operational Efficiency: The company’s focus on improving operational efficiency and reducing costs will positively impact its financial performance.
- Policy Reforms: Favorable government policies aimed at promoting renewable energy will boost IREDA’s growth trajectory.
- Global Energy Trends: Rising global demand for clean and sustainable energy solutions will further strengthen IREDA’s position in the market.
IREDA Share Price Target Summary (2025–2030)
| Year | Minimum Target (₹) | Maximum Target (₹) | Average Target (₹) | Percentage Increase |
|---|---|---|---|---|
| 2025 | 192.74 | 252.10 | 220.92 | 24.57% |
| 2026 | 262.54 | 418.39 | 330.69 | 86.47% |
| 2027 | 435.81 | 608.59 | 511.58 | 188.47% |
| 2028 | 632.25 | 805.00 | 703.54 | 296.72% |
| 2029 | 832.19 | 1,042.75 | 914.04 | 415.42% |
| 2030 | 1,072.88 | 1,288.31 | 1,160.00 | 554.11% |
Fundamental Analysis of IREDA
Here’s a quick look at IREDA’s key fundamentals:
- Current Price: ₹177.34
- 52-Week High/Low: ₹310.00 / ₹121.05
- Market Cap: ₹46,000 Crore (approx.)
- P/E Ratio: 18.45
- Debt-to-Equity Ratio: 7.5
- Dividend Yield: 1.8%
Technical Analysis
IREDA is currently in a Bearish trend, with most technical indicators supporting this outlook. Key metrics include:
- 50-Day SMA: ₹197.85 (Sell)
- 200-Day SMA: ₹212.47 (Sell)
- RSI (14): 43.86 (Neutral)
Recent News & Updates
- Green Energy Expansion: IREDA plans to invest ₹5,000 crore in green energy projects, including solar, wind, and green hydrogen.
- Brokerage Upgrades: Market experts recommend holding IREDA shares with a target price of ₹280-300, citing favorable risk-reward conditions.
- Financial Performance: IREDA reported a 26.8% YoY increase in net profit for Q3 FY25, driven by strong revenue growth and improved operational efficiency.
Conclusion
IREDA’s share price targets for 2025 to 2030 reflect a positive outlook, driven by increased government spending on renewable energy and the company’s strategic expansion into emerging green technologies. While challenges remain, IREDA’s strong market position and growth potential make it a promising long-term investment.
Investors should monitor government policies, energy sector trends, and the company’s financial performance to make informed decisions.
FAQs
What is IREDA’s share price target for 2025?
IREDA’s share price target for 2025 is expected to range between ₹192.74 and ₹252.10.
Can IREDA reach ₹500 by 2027?
Yes, analysts predict that IREDA’s share price could reach ₹500 by 2027, driven by growth in renewable energy projects.
Is IREDA a good long-term investment?
Yes, IREDA’s focus on renewable energy and government backing make it a stable long-term investment option.
Is IREDA a good long-term investment?
Yes, IREDA’s focus on renewable energy and government backing make it a stable long-term investment option.
What factors affect IREDA’s share price?
Key factors include government spending on renewable energy, operational efficiency, and global energy trends.
What is the average price target for IREDA in 2030?
The average price target for IREDA in 2030 is ₹1,160.00.
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