IREDA Share Price Jumps 2 Percent; Quarterly Results Today for PSU Energy Major

IREDA Share Price Jumps 2 Percent; Quarterly Results Today for PSU Energy Major

IREDA share price was trading firm by 2 percent as the public sector energy development corporation will be announcing quarterly numbers today. IREDA share price was trading at Rs 169 and the stock is looking bullish on technical charts. IREDA has managed to recover swiftly from yearly lows at Rs 137.

Price Movements and Volatility

IREDA shares on the NSE were trading at ₹169 as of July 10, 2025, reflecting a 1.86% increase from the previous day's close.

Over the past year, the stock has experienced notable volatility:

  • 52-week high: ₹310 (July 15, 2024)
  • 52-week low: ₹137.01 (March 17, 2025)

Returns have varied:

  • 1 Week: +0.48%
  • 1 Month: -7.74%
  • 3 Months: +11.02%
  • 6 Months: -16.32%
  • 1 Year: -31.93%

Key Metrics

Metric Value
Market Cap ₹47,293.41 Cr
PE Ratio 27.85
PB Ratio 4.54
EPS (TTM) ₹6.05
Book Value/Share ₹36.55
Dividend Yield 0.00%
Sectoral Rank 4
MCap/Sales 6.40

Financial Performance and Recent Developments

IREDA reported a substantial 49% year-on-year increase in consolidated net profit for Q4 FY25, reaching ₹502 crore. Revenue from operations surged 37% to ₹1,905 crore by March 31, 2025. The loan book expanded by 27% year-over-year to ₹79,960 crore, with Q1 FY26 loan sanctions and disbursements up 29% and 31%, respectively.

Capital Raising and Market Dynamics

IREDA executed a successful Qualified Institutional Placement (QIP), raising ₹5,000 crore through issuing 12.15 crore equity shares at ₹165.14 each, representing a 4.5% discount from the floor price. Furthermore, the expiration of a lock-in period for 54 crore shares (20% of outstanding equity) enhanced liquidity without significant sell-offs.

Sectoral and Regulatory Landscape

IREDA’s 'Navratna' status since April 2024 and inclusion in NSE’s F&O segment from February 2025 have bolstered operational autonomy and market participation. The company continues to strategize capital dilution while navigating policy tailwinds favoring renewable energy initiatives.

Analyst Insights and Market Outlook

Analysts suggest a “Buy” consensus with an average target price of ₹208.67, reflecting cautious optimism. Views from industry experts emphasize technical levels around ₹175 as crucial for short-term performance, contingent upon market sentiment and broader economic indicators.

Conclusion: Strategic Considerations for Investors

IREDA stands as a robust contender in India’s renewable energy financing sector, underpinned by strong financial growth, strategic capital maneuvers, and government endorsement. While recent stock performance hints at consolidation within technical ranges, long-term prospects remain promising amid evolving sectoral dynamics.

Business News: 
General: 
Companies: 
Regions: