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IRM Energy Share Price Target 2024, 2025, 2026 to 2039 With Charts

IRM Energy Limited

Company LogoSymbol: IRMENERGY
Price: ₹428.54
Exchange: NSE
Utilities -> Utilities—Regulated Gas
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IRM Energy Brief Company Overview

IRM Energy Limited: A Comprehensive Overview

IRM Energy Limited is a reputable city gas distribution company in India, providing natural gas to industrial, commercial, domestic, and automobile customers.

Since its inception in 2015, IRM Energy has expanded its operations to Banaskantha, Fatehgarh Sahib, Diu & Gir Somnath, and Namakkal and Tiruchirappalli, serving over 48,000 domestic customers, 179 industrial units, 248 commercial establishments, and operating 62 CNG retail outlets.

In March 2022, the company rebranded from IRM Energy Private Limited to IRM Energy Limited, reflecting its commitment to growth and industry leadership.


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IRM Energy Financial Performance

MetricValueDescription
Market Capital1,768.87 CroreMarket valuation of IRM Energy's shares.
Revenue (TTM)951.85 CroreTotal revenue generated by IRM Energy over the past twelve months.
Net Income (TTM)+77.46 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin9.82%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin8.13%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-8.1%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-30.5%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
24.62Company's total debt divided by total shareholder equity.
Total Debt229.42 CroreSum of IRM Energy's current & long-term financial obligations.
Total Cash274.98 CroreTotal amount of liquid funds available to IRM Energy.

Is IRM Energy A Good Buy For Long Term?

IRM Energy is a small-cap stock with a market capitalization of ₹1,768.87 crore and a healthy cash balance of ₹274.98 crore. However, its recent performance is concerning, with a -30.5% decline in earnings compared to last year's Q1 and a -8.1% drop in revenue compared to the previous quarter. While the profit margin of 8.13% is decent, the stock's recent returns are negative across all timeframes. Given this, IRM Energy does not appear to be a good buy for the long term at this time.

To predict the IRM Energy'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

IRM Energy Share Price Target For 2024

IRM Energy Targets For 2024 Chart

The line chart displays the monthly closing prices of IRM Energy 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 IRM Energy shares in 2024, see the table below.

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IRM Energy Share Price Target Table For 2024

IRM Energy's LevelsValueReason/Importance
2024 Target 3450.00 (+5%)Price Action: Oct 2023 Low
2024 Target 2445.00 (+3.84%)Price Action: 09 Aug 2024 Low
2024 Target 1438.00 (+2.2%)Price Action: 03 Sep 2024 High
Current Price428.54IRM Energy's 1 share price as of Fri 06 Sep 2024
Stop Loss 1424.79 (-0.88%)Price Action: 02 Sep 2024 Low
Stop Loss 2420.29 (-1.93%)Price Action: 21 Aug 2024 High
Stop Loss 3416.04 (-2.92%)Price Action: 23 Aug 2024 Low

Summary: IRM Energy Share Price Prediction For 2024

In summary, IRM Energy has declined by ₹-109.61, recording a notable -20.37% decrease from 1st January 2024 to 06 Sep 2024. Despite the setback, our analysis of IRM Energy for 2024 predicts an additional rise of 2.2% to 5% by the end of 2024 with three potential targets T1: 438.00, T2: 445.00, T3: 450.00. Stop Loss at SL1: 424.79, SL2: 420.29, SL3: 416.04.

IRM Energy has a 52-week high of ₹641.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹404.00, 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 IRM Energy.

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IRM Energy Share Price Target For 2025

IRM Energy Targets For 2025 Chart

The line chart displays the monthly closing prices of IRM Energy 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 IRM Energy shares in 2025, see the table below.

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IRM Energy Share Price Target Table For 2025

IRM Energy's LevelsValueReason/Importance
2025 Target 3574.91 (+34.15%)Price Action: Chart
2025 Target 2564.19 (+31.65%)Price Action: Chart
2025 Target 1558.60 (+30.34%)Custom Fibonacci Extension Lvl 64.9%
Current Price428.54IRM Energy's 1 share price as of Fri 06 Sep 2024
Stop Loss 1396.87 (-7.4%)Price Action: Chart
Stop Loss 2392.90 (-8.32%)Price Action: Chart
Stop Loss 3385.83 (-9.97%)Price Action: Chart

Summary: IRM Energy Share Price Prediction For 2025

In summary, IRM Energy has declined by ₹-109.61, recording a notable -20.37% decrease from 1st January 2024 to 06 Sep 2024. Despite the setback, our analysis of IRM Energy for 2025 predicts an additional rise of 30.34% to 34.15% by the end of 2025 with three potential targets T1: 558.60, T2: 564.19, T3: 574.91. Stop Loss at SL1: 396.87, SL2: 392.90, SL3: 385.83.

IRM Energy has a All-Time high of ₹641.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹404.00, 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 IRM Energy, we have created a specific page for that check here: IRM Energy Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

IRM Energy Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

IRM Energy Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of IRM Energy share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -1.92% over the next 15 years.

For complete year by year IRM Energy long term share price target from 2024, 2025 to 2039 check the below table.

IRM Energy Share Price Target Table From 2024, 2025, 2026 to 2039

YearIRM Energy TargetYoY Change %
2024₹428.54[Current Price]
2024₹421.1-1.74%
2025₹360.52-14.39%
2026₹298.49-17.21%
2027₹278.52-6.7%
2028₹289.353.88%
2029₹308.336.55%
2030₹348.5713.05%
2031₹328.12-5.87%
2032₹309.6-5.65%
2033₹290.79-6.08%
2034₹371.6227.79%
2035₹360.36-3.03%
2036₹349.1-3.13%
2037₹339.95-2.63%
2038₹330.62-2.75%
2039₹320.95-2.93%

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IRM Energy Past Performance

IRMENERGY main
IRM Energy has been listed on NSE for more than 1 year.
  • In 2023, IRM Energy opening price was ₹477.25
  • As of Fri 06 Sep 2024 the price stands at ₹428.54.
  • This represents a Compound Annual Growth Rate (CAGR) of -5.24%.
  • In 1 year, an investment of 10,000 would have become ₹8,979.36.

As we wrap up, we hope you like our study on IRM Energy 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.

For more insights into IRM Energy Limited, explore these additional resources:-

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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter