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IREDA Share Price Target 2024, 2025, 2026 to 2039 With Charts
Indian Renewable Energy Development Agency Limited | |||
 | Symbol: IREDA | ||
| Price: ₹184.58 | |||
| Exchange: NSE | |||
| Financial Services -> Credit Services | |||
Show Table of Contents
Table of Contents
- 1: IREDA Brief Company Overview
- 1.1: Indian Renewable Energy Development Agency Limited (IREDA)
- 1.2: Key Services:
- 1.3: Diverse Product Range:
- 1.4: Industry Reputation:
- 1.5: Commitment:
- 1.6: IREDA Financial Performance
- 1.6.1: Is IREDA A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: IREDA Share Price Target For 2024
- 2.1.1: IREDA Share Price Target Table For 2024
- 2.1.2: Summary: IREDA Share Price Prediction For 2024
- 2.2: IREDA Share Price Target For 2025
- 2.2.1: IREDA Share Price Target Table For 2025
- 2.2.2: Summary: IREDA Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: IREDA Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: IREDA Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: IREDA Past Performance
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 | 53,929.54 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) | +41.3% | 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's strong profitability, with a 68.04% profit margin and ₹1,444.35 Crore net profit in the last 12 months (TTM), is noteworthy. However, a substantial debt of ₹54,727 Crore against a market cap of ₹53,970.26 Crore raises significant concerns. While recent revenue growth is positive (35.9% QoQ), the high debt-to-market cap ratio and volatile recent performance (-27.71% in the past 3 months) make IREDA a risky long-term investment. Further analysis is needed before considering it a buy. It's currently a not a good buy.
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
| IREDA's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 190.00 (+2.93%) | Price Action: Nov 2024 High |
| 2024 Target 2 | 188.00 (+1.85%) | Price Action: 28 Oct 2024 Low |
| 2024 Target 1 | 186.00 (+0.76%) | Price Action: May 2024 High |
| Current Price | 184.58 | IREDA's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 184.08 (-0.28%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 2 | 181.60 (-1.62%) | Fibonacci Retracement Extended 40% |
| Stop Loss 3 | 179.04 (-3.01%) | Fibonacci Retracement Extended 82.6% |
Summary: IREDA Share Price Prediction For 2024
In summary, IREDA has surged by ₹81.78, achieving a notable +79.55% increase from 1st January 2024 to 21 Nov 2024. Our analysis of IREDA for 2024 predicts an additional rise of 0.76% to 2.93% by the end of 2024 with three potential targets T1: 186.00, T2: 188.00, T3: 190.00. Stop Loss at SL1: 184.08, SL2: 181.60, SL3: 179.04.
IREDA has a 52-week high of ₹310.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹50.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for IREDA.
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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
| IREDA's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 332.74 (+80.26%) | Price Action: Chart |
| 2025 Target 2 | 326.54 (+76.9%) | Custom Fibonacci Extension Lvl 64.9% |
| 2025 Target 1 | 320.35 (+73.55%) | Fibonacci Extension Level 123.6% |
| Current Price | 184.58 | IREDA's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 150.01 (-18.73%) | Price Action: Chart |
| Stop Loss 2 | 148.51 (-19.55%) | Price Action: Chart |
| Stop Loss 3 | 145.84 (-20.99%) | Price Action: Chart |
Summary: IREDA Share Price Prediction For 2025
In summary, IREDA has surged by ₹81.78, achieving a notable +79.55% increase from 1st January 2024 to 21 Nov 2024. Our analysis of IREDA for 2025 predicts an additional rise of 73.55% to 80.26% by the end of 2025 with three potential targets T1: 320.35, T2: 326.54, T3: 332.74. Stop Loss at SL1: 150.01, SL2: 148.51, SL3: 145.84.
IREDA has a All-Time high of ₹310.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹50.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for IREDA, we have created a specific page for that check here: IREDA Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
IREDA Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of IREDA share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 12.67% over the next 15 years.
For complete year by year IREDA long term share price target from 2024, 2025 to 2039 check the below table.
IREDA Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | IREDA Target | YoY Change % |
|---|---|---|
| 2024 | ₹184.58 | [Current Price] |
| 2024 | ₹248.81 | 34.79% |
| 2025 | ₹310.25 | 24.69% |
| 2026 | ₹396.74 | 27.87% |
| 2027 | ₹454.22 | 14.48% |
| 2028 | ₹553.46 | 21.84% |
| 2029 | ₹608.58 | 9.95% |
| 2030 | ₹658.24 | 8.15% |
| 2031 | ₹760.19 | 15.48% |
| 2032 | ₹805.9 | 6.01% |
| 2033 | ₹924.52 | 14.71% |
| 2034 | ₹968.35 | 4.74% |
| 2035 | ₹1,006.23 | 3.91% |
| 2036 | ₹1,123.64 | 11.66% |
| 2037 | ₹1,157.58 | 3.02% |
| 2038 | ₹1,295.58 | 11.92% |
| 2039 | ₹1,322.12 | 2.04% |
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IREDA Past Performance
- In 2023, IREDA opening price was ₹50
- As of Thu 21 Nov 2024 the price stands at ₹184.58.
- This represents a Compound Annual Growth Rate (CAGR) of 92.14%.
- In 1 year, an investment of 10,000 would have become ₹36,916.
As we wrap up, we hope you like our study on IREDA share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
