IREDA Share Price Target 2030

IREDA Share Price Target 2030 – The Indian Renewable Energy Development Agency (IREDA) has developed itself as a prominent player in India’s renewable energy sector. IREDA is well known as a consistent oxygen provider to the clean energy projects in India, thus helping the nation to move towards greener energy. With a market cap of ₹61.52K crore and strong institutional support, the price of the company’s share has appreciated considerably. This article will focus on the IREDA share price target for the years 2025-2030 based on various parameters such as market conditions, institutional support, and expansion opportunities.

IREDA Share Price Target 2030: Quick Info

Company NameIndian Renewable Energy Development Agency (IREDA)
Founded1987
HeadquartersNew Delhi, India
IndustryRenewable Energy Financing
CEOPradip Kumar Das
Stock Exchange ListingNSE & BSE
Market Cap₹61.52K crore
P/E Ratio41.57
52-Week High₹310.00
52-Week Low₹100.20

About IREDA

‘Indian Renewable Energy Development Agency’ – IREDA was set up in 1987 as a Government of India Enterprise with the purpose of extending financial support for the establishment of renewable energy sources of energy. The institution also assists with wind, solar, hydro, bioenergy and other initiatives which would contribute enormously towards the carbon neutrality aspirations of the country by the year 2070. With its solid market presence, comprehensive knowledge and consistent profitable results, IREDA has become one of the pillars of India’s policy on renewable energy sources.

IREDA Share Price Target 2030 Live Performance Today February 13, 2025

IREDA Share Price Target From 2025 to 2030

YearShare Price Target (₹)
2025326
2026560
2027636
2028745
2029890
20301056

2025: Consolidation Phase

IREDA’s share price is projected to reach ₹326 by 2025, driven by continued investments in renewable energy projects and growing market recognition of its strategic importance.

2026: Accelerated Growth

By 2026, the share price could climb to ₹560 as the company expands its portfolio and benefits from government initiatives promoting renewable energy.

2027-2030: Sustained Expansion

In the subsequent years, IREDA’s share price is expected to grow steadily, reaching ₹1056 by 2030. This growth will be supported by increased global demand for clean energy, favorable policies, and the company’s expertise in financing large-scale renewable energy projects.

Why You Should Invest in IREDA?

  1. Market Leadership: IREDA plays a key role in financing India’s renewable energy projects, making it a crucial player in the sector.
  2. Strong Financials: The company’s robust P/E ratio of 41.57 indicates high growth expectations.
  3. Institutional Backing: Increasing foreign institutional investments reflect confidence in IREDA’s future.
  4. Government Support: Favorable policies and initiatives provide a solid foundation for sustained growth.
  5. Global Trend Towards Renewables: Growing international demand for clean energy positions IREDA as a long-term winner.

How to Buy IREDA Shares?

  1. Open a Demat Account: Choose a reputable brokerage and complete your account setup.
  2. Complete KYC: Provide necessary documents like PAN, Aadhaar, and bank details.
  3. Fund Your Account: Add funds to your trading account.
  4. Search for IREDA: Use the stock symbol “IREDA” on NSE or BSE.
  5. Place an Order: Purchase shares at the current market price or set a limit order.

Facts About IREDA

  1. Established in 1987: Pioneering renewable energy financing in India.
  2. Government Ownership: A wholly-owned enterprise under the Ministry of New and Renewable Energy.
  3. Portfolio Diversity: Finances projects across wind, solar, bioenergy, and small hydro sectors.
  4. Global Recognition: Attracting increasing FII and FPI investments.
  5. Commitment to Sustainability: Aligns with India’s goal of becoming carbon-neutral by 2070.

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Conclusion:

IREDA is uniquely positioned to benefit from the global transition towards renewable energy. With its expertise, financial stability, and strategic role in India’s energy future, the company offers a promising investment opportunity. As the share price targets indicate, IREDA is poised for significant growth from 2025 to 2030. However, as with any investment, it is essential to conduct thorough research and consult financial advisors before making decisions.

FAQs:

1. What is the IREDA share price target for 2025?

₹326.

2. What is the current market cap of IREDA?

₹61.52K crore.

3. What role does IREDA play in the energy sector?

Financing renewable energy projects in India.

4. How can I buy IREDA shares?

Open a Demat account, complete KYC, and trade on NSE/BSE.

5. What is the projected share price by 2030?

₹1056.

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