Indian Renewable Energy Development Agency Limited (NSE: IREDA)

India flag India · Delayed Price · Currency is INR
200.97
-0.62 (-0.31%)
Dec 24, 2024, 3:30 PM IST
82.95%
Market Cap 540.16B
Revenue (ttm) 21.23B
Net Income (ttm) 14.44B
Shares Out 2.69B
EPS (ttm) 5.49
PE Ratio 36.60
Forward PE 33.08
Dividend n/a
Ex-Dividend Date n/a
Volume 2,971,172
Open 202.50
Previous Close 201.59
Day's Range 200.35 - 204.35
52-Week Range 95.55 - 310.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Dec 13, 2024

About NSE: IREDA

Indian Renewable Energy Development Agency Limited, a non-banking financial company, provides financial products and services in the renewable energy and energy efficiency sectors in India. It operates in two segments, Financing and Generation. The company promotes, develops, and extends financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. It also generates solar, wind, hydro, and waste to energy power. The company was incorporated in 1987 and is based in New Delhi, Ind... [Read more]

Industry Credit Services
Sector Financials
Founded 1987
Employees 160
Stock Exchange National Stock Exchange of India
Ticker Symbol IREDA
Full Company Profile

Financial Performance

In 2023, IREDA's revenue was 18.68 billion, an increase of 40.69% compared to the previous year's 13.28 billion. Earnings were 12.52 billion, an increase of 44.83%.

Financial Statements

News

Over Rs 3,000 crore sanctioned for green energy projects in Odisha: IREDA chairman

Bhubaneswar: Indian Renewable Energy Development Agency (IREDA) has sanctioned over Rs 3,000 crore for green energy projects, covering solar, hydro, e.

1 day ago - The Times of India

IREDA market cap wipes off ₹552.45 crore

Indian Renewable Energy Development Agency Limited (IREDA) witnessed a notable decline in its market capitalization on October 17, 2024. The stock dropped to ₹219.05, reflecting a decrease of 0.93% fr...

2 months ago - Business Upturn

Stock in Focus: IREDA posts 36% increase in Q2 net profit

State-run Indian Renewable Energy Development Agency (IREDA) reported a 36% year-on-year increase in net profit for the second quarter of FY25, reaching ₹387 crore. Net Interest Income (NII) also surg...

2 months ago - Business Upturn

IREDA receives approval to establish wholly-owned subsidiary for retail business in renewable energy sector

Indian Renewable Energy Development Agency (IREDA) announced on October 10, 2024, that it has received approval from the Department of Investment and Public Asset Management (DIPAM) and the Ministry o...

2 months ago - Business Upturn

IREDA reports strong financial performance in Q2 FY24 with 13% growth in PAT

Indian Renewable Energy Development Agency Limited (IREDA) announced its unaudited financial results for the second quarter and half-year ending September 30, 2024, during a board meeting held on Octo...

2 months ago - Business Upturn

IREDA share price surges 3.28% after DIPAM approves 7% stake sale plan via QIP

IREDA stock rose by 3.28% to ₹234.85 at 9:16 AM on the NSE after the Indian Renewable Energy Development Agency (IREDA) announced that the Department of Investment and Public Asset Management (DIPAM) ...

3 months ago - Business Upturn

IREDA gets approval to raise ₹4,500 crore via QIP, government to dilute up to 7% stake

Indian Renewable Energy Development Agency (IREDA) has received the green light from the Department of Investment and Public Asset Management (DIPAM) to raise up to ₹4,500 crore through a Qualified In...

3 months ago - Business Upturn

IREDA shares surge 4% after signing MoU with SJVN, GMR for 900 MW hydro project in Nepal

IREDA shares jumped more than 4% in morning trade after the company signed MoU with SJVN, GMR for 900 MW hydro project in Nepal. Indian Renewable Energy Development Agency (IREDA) said Monday that it ...

3 months ago - Business Upturn

IREDA approves fund raise upto 4500cr rupees

The Indian Renewable Energy Development Agency (IREDA) has approved a plan to raise up to ₹4,500 crore through various funding methods. The company’s board meeting is scheduled for August 29, 2024, to...

4 months ago - Business Upturn

IREDA and BHEL discuss joint efforts to boost India’s renewable energy growth

Indian Renewable Energy Development Agency (IREDA) and Bharat Heavy Electricals Ltd (BHEL) explored collaboration opportunities to expedite the nation’s renewable energy development.

4 months ago - Business Upturn

IREDA shares surge 6% as company considers raising up to ₹4,500 Crore

The Indian Renewable Energy Development Agency Limited (IREDA) is set to explore significant fundraising options, prompting a notable rise in its share price. On August 29, 2024, IREDA’s board will me...

4 months ago - Business Upturn

IREDA to consider raising Rs 4,500 crore via FPO, QIP, other routes on August 29

The Indian Renewable Energy Development Agency Limited (IREDA) has announced that its board will meet on Thursday, August 29, 2024, to consider raising up to ₹4,500 crore. The funds may be raised thro...

4 months ago - Business Upturn