IREDA (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
|
Indian Renewable Energy Development Agency Limited |
|||
|
Price: ₹201.59 | ||
| 52 Week Low: ₹95.55 52 Week High: ₹310.00 |
|||
| Market Capital: 53,970.26 Crore (Largecap) | |||
| Financial Services -> Credit Services | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: IREDA Share Price Target For 2024
- 1.1.1: IREDA Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: IREDA Share Price Target For 2025
- 1.2.1: IREDA Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: IREDA Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: IREDA Brief Company Overview
- 4: IREDA Financial Performance
- 4.0.1: Is IREDA A Good Buy For Long Term?
To predict the IREDA's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
IREDA Share Price Target For 2024
The line chart displays the monthly closing prices of IREDA with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for IREDA shares in 2024, see the table below.
IREDA Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 211.12 (+4.72%) | Price Action: 01 Nov 2024 Low |
| 2024 Target 2 | 208.16 (+3.25%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 205.8 (+2.08%) | Price Action: 06 Nov 2024 Low |
| Current Price | 201.59 | IREDA's share price as of 23 Dec 2024 |
| Stop Loss 1 | 198.39 (-1.59%) | Price Action: 27 Nov 2024 High |
| Stop Loss 2 | 196.39 (-2.58%) | Price Action: 25 Nov 2024 High |
| Stop Loss 3 | 193.56 (-3.99%) | Technical Indicator: MA250 |
Short-Term Technical Outlook
Current Technical Position: IREDA is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹206.59 serves as the nearest technical reference point.
Historical Returns: 3-month: -12.16% | 6-month: +8.34% | 1-year: +100.7%
IREDA Share Price Target For 2025
The line chart displays the monthly closing prices of IREDA with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for IREDA shares in 2025, see the table below.
IREDA Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 375.65 (+86.34%) | Price Action: Chart |
| 2025 Target 2 | 368.65 (+82.87%) | Fibonacci Extension Level 123.60% |
| 2025 Target 1 | 362.87 (+80%) | Fibonacci Extension Level 64.90% |
| Current Price | 201.59 | IREDA's share price as of 23 Dec 2024 |
| Stop Loss 1 | 162.31 (-19.48%) | Price Action: Chart |
| Stop Loss 2 | 160.69 (-20.29%) | Price Action: Chart |
| Stop Loss 3 | 157.8 (-21.73%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: IREDA is currently trading at 49.4% of its 52-week range (₹95.55 - ₹310).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +100.7% | 3-year: NA | 5-year: NA
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
IREDA Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹201.59 | ||
| 2024 | ₹246.50 | +22.27% | ₹250.20 |
| 2025 | ₹304.20 | +23.4% | ₹308.76 |
| 2026 | ₹386.43 | +27.03% | ₹392.23 |
| 2027 | ₹440.39 | +13.96% | ₹447.12 |
| 2028 | ₹534.80 | +21.43% | ₹542.82 |
| 2029 | ₹586.54 | +9.67% | ₹595.34 |
| 2030 | ₹633.10 | +7.93% | ₹644.07 |
| 2031 | ₹729.95 | +15.29% | ₹740.90 |
| 2032 | ₹772.79 | +5.86% | ₹797.83 |
| 2033 | ₹885.51 | +14.58% | ₹898.79 |
| 2034 | ₹926.58 | +4.63% | ₹940.48 |
| 2035 | ₹962.01 | +3.82% | ₹987.59 |
| 2036 | ₹1,073.47 | +11.58% | ₹1,089.57 |
| 2037 | ₹1,105.18 | +2.95% | ₹1,148.55 |
| 2038 | ₹1,236.22 | +11.85% | ₹1,254.76 |
| 2039 | ₹1,260.95 | +2% | ₹1,279.86 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
IREDA Brief Company Overview
Indian Renewable Energy Development Agency Limited (IREDA) IREDA is a premier non-banking financial company established in 1987. It offers a comprehensive suite of financial products and services to support the growth of renewable energy and energy efficiency sectors in...
India. Key Services: Provides financial assistance for setting up projects related to renewable energy Promotes and develops renewable energy projects Extends financial assistance for energy efficiency/conservation Diverse Product Range: IREDA offers a wide range of financing options, including loans, equity, and venture capital. Industry Reputation: IREDA has a strong reputation for its commitment to the renewable energy sector, having played a significant role in the development of the industry in India. Commitment: The company is deeply committed to promoting sustainable energy solutions for the nation, contributing to India's energy security.IREDA Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 53,970.26 Crore | Market valuation of IREDA's shares. |
| Revenue (TTM) | 2,122.63 Crore | Total revenue generated by IREDA over the past twelve months. |
| Net Income (TTM) | +1,444.35 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +86.91% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +68.04% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+35.9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+36.19% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
586.18 | Company's total debt divided by total shareholder equity. |
| Total Debt | 54,727 Crore | Sum of IREDA's current & long-term financial obligations. |
| Total Cash | 1,792.35 Crore | Total amount of liquid funds available to IREDA. |
Is IREDA A Good Buy For Long Term?
IREDA, a large-cap stock with a market capitalization of ₹53,970.26 crore, shows strong profitability (68.04% profit margin) and significant cash reserves (₹1,792.35 crore in Q2 2024-25). However, its substantial debt (₹54,727 crore) raises concerns. While recent quarterly revenue growth (35.9%) is positive, the past 3-month return of -29.37% is a red flag. Considering the high debt and recent volatility, IREDA is currently a not a good buy for the long term, despite its profitability. Further analysis is needed to assess long-term viability.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
