IREDA Share Price Target: In this article, you will read about IREDA Share Price Target prediction for this year’s end and the upcoming years 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about IREDA, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
IREDA Overview :
Indian Renewable Energy Development Agency Limited (IREDA) is an Indian Company. IREDA is formed in 1987 as a Mini Ratna Government of India Enterprise under Government of India and administratively controlled by the Ministry of New and Renewable Energy. IREDA headquarters are located in New Delhi, India. Also located in Mumbai, Chennai, Kolkata, Hyderabad, Bengaluru, Ahmedabad, and Bhopal. IREDA provides services Term loans, working capital loans, bridge loans, project financing, technical assistance, and consultancy services for renewable energy projects.
| Name | Indian Renewable Energy Development Agency Ltd |
| Symbol | IREDA |
| Industry | Renewable Energy Financing |
| Founded | 1987 |
| Headquarters | New Delhi, India |
| Services | Term loans, working capital loans, bridge loans, project financing, technical assistance, and consultancy services for renewable energy projects |
| Country | India |
| Locations | New Delhi, Mumbai, Chennai, Kolkata, Hyderabad, Bengaluru, Ahmedabad, and Bhopal |
| Website | ireda.in |
| Profile | IREDA |
Fundamentals of IREDA:
The market cap of IREDA is ₹295.25B. The number of shares outstanding is2.69B. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | 295.25B |
| Enterprise value | ₹643,979,870,208.00 |
| Shares outstanding | 2.69B |
| P/E ratio | – |
| Forward P/E ratio | – |
| Price / Book | – |
| Book value | – |
| Payout ratio | 0.00% |
| Quick ratio | 4.91 |
| Current ratio | 5.04 |
| Debt / Equity | 609.57 |
| Price / Sales | 18.31 |
| Earnings per share | – |
| Revenue per share | ₹7.06 |
| Total cash per share | ₹3.55 |
| Forward annual dividend rate | – |
| Ex-Dividend date | – |
| Forward annual dividend yield | – |
| Five Year Avg Dividend Yield | – |
| Total cash | 8.12B |
| Total debt | 401.14B |
| Total revenue | 16.13B |
| Return on assets | 2.25% |
| Return on equity | 16.92% |
| Gross profit | – |
| Gross margin | 99.58% |
| % Held by insiders | 0.00% |
| % Held by Institutions | 4.35% |
IREDA Share Price NSE/BSE:
IREDA Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange.
IREDA shares on NSE are currently trading at around 109.50 INR, each as of December 2023. IREDA shares on BSE are currently trading at 109.85 INR.
IREDA IPO Details:
| IPO Date | November 21, 2023 to November 23, 2023 |
| Listing Date | November 29, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹30 to ₹32 per share |
| Lot Size | 460 Shares |
| Total Issue Size | 671,941,177 shares (aggregating up to ₹2,150.21 Cr) |
| Fresh Issue | 403,164,706 shares (aggregating up to ₹1,290.13 Cr) |
| Offer for Sale | 268,776,471 shares of ₹10 (aggregating up to ₹860.08 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 2,284,600,000 |
| Share holding post issue | 2,687,764,706 |
IREDA Expected Share Price Target:
| Year | Share Price Target (Minimum) | Share Price Target (Maximum) |
|---|---|---|
| 2024 | ₹170 | ₹230 |
| 2025 | ₹230 | ₹275 |
| 2027 | ₹320 | ₹375 |
| 2030 | ₹570 | ₹625 |
| 2035 | ₹950 | ₹1025 |
Also Consider Reading: Infosys Share Price Target.
IREDA Share Price Target 2024:
On the analysis we will get to know the IREDA share price target by 2024, the minimum price range of 170, and the maximum share price of 230. This range of amounts is based on the strategies of the company.
IREDA Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 170 | 230 |
IREDA Share Price Target 2025:
The expected minimum range of IREDA share price target in 2025 is 230, and the maximum share price target is 275.
IREDA Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 230 | 275 |
IREDA Share Price Target 2027:
The expected minimum range of IREDA share price target in 2027 is 320, and the maximum share price target is 375.
IREDA Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 320 | 375 |
IREDA Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for IREDA shares is 570, and the maximum price range is 625.
IREDA Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 570 | 625 |
IREDA Share Price Target 2035:
By the year 2035, the expected minimum range of IREDA share price is 950, and the maximum price range is 1025.
IREDA Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 950 | 1025 |
Conclusion:
I hope you got clarity on the IREDA Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
Disclaimer: Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for IREDA is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
FAQ
1. What is the IREDA Share Price Target for 2024?
A: The expected price target for IREDA in 2024 is 170 to 230 per share.
2. What is the IREDA Share Price Target for 2025?
A: The expected price target for IREDA in 2025 is 230 to 270 per share.
3. What is the IREDA Share Price Target for 2027?
A: The expected price target for IREDA in 2027 is 320 to 375 per share.
4. What is the IREDA Share Price Target for 2030?
A: The expected price target for IREDA in 2030 is 570 to 625 per share.
5. What is the IREDA Share Price Target for 2035?
A: The expected price target for IREDA in 2035 is 950 to 1025 per share.
