Indian Renewable Energy Development Agency Limited (NSE: IREDA)
Market Cap | 518.28B |
Revenue (ttm) | 22.24B |
Net Income (ttm) | 15.34B |
Shares Out | 2.69B |
EPS (ttm) | 5.71 |
PE Ratio | 33.80 |
Forward PE | 29.50 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,646,085 |
Average Volume | 12,087,742 |
Open | 193.39 |
Previous Close | 192.83 |
Day's Range | 188.55 - 193.90 |
52-Week Range | 121.05 - 310.00 |
Beta | n/a |
RSI | 41.97 |
Earnings Date | Apr 22, 2025 |
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]
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 StatementsNews
IREDA to raise Rs 5,000 crore via QIP
Indian Renewable Energy Development Agency (IREDA) has announced that its board of directors approved a proposal to raise funds through a Qualified Institutions Placement (QIP) for an amount aggregati...
SJVN, IREDA, GMR Power shares surge up to 4% on Upper Karnali hydroelectric project deal
Shares of Indian Renewable Energy Development Agency Ltd. (IREDA), SJVN Ltd., and GMR Power and Urban Infrastructure Ltd. surged today following the announcement of a Joint Venture Agreement for the d...
IREDA, SJVN, GMR, and NEA join hands for 900 MW Upper Karnali Hydropower Project in Nepal
Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Joint Venture Agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) to develop the 900 MW Upper Karnali ...
IREDA shares drop over 3% on Q3 FY25 results
Shares of IREDA (Indian Renewable Energy Development Agency) saw a drop of over 3% following the announcement of its Q3 FY25 financial result. IREDA shares opened at ₹218.00, reaching a high of ₹222.8...
IREDA Shares in Focus After Q3 Results: Gross NPA up 30.4% QoQ, Net NPA jumos 53.75% QoQ
Shares of Indian Renewable Energy Development Agency (IREDA) are expected to remain in focus today, Friday, January 10, following the company’s Q3 FY25 financial results, which were announced after ma...
IREDA achieves ‘Excellent’ rating for MoU performance in FY 2023-24
The Indian Renewable Energy Development Agency Limited (IREDA) has received an ‘Excellent’ rating for its Memorandum of Understanding (MoU) performance with the Ministry of New and Renewable Energy (M...
GMR Power and Urban Infra secures Rs 2,128 crore loan from IREDA for smart metering project
GMR Power and Urban Infra Limited (GPUIL) has announced a major development in its smart metering project. The company’s subsidiary, GMR Smart Electricity Distributions Private Limited (GSEDPL), has r...
IREDA shares surge over 4% as loan sanctioned more than double, book size nears Rs 70,000 crore
Shares of Indian Renewable Energy Development Agency (IREDA) Ltd. climbed over 4% today, trading at ₹224.63, following the company’s announcement of robust growth in loan sanctions and disbursements f...
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.
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...
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...
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...
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...
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) ...
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...
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 ...
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...
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.
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...
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...