The Indian Renewable Energy Development Agency (IREDA) is a government-run organization dedicated to financing and promoting renewable energy projects in India. IREDA has become a significant player in this sector as the country aggressively pursues renewable energy targets. This blog aims to provide a detailed analysis of IREDA share price targets from 2025 to 2050, offering insights based on current market trends, expert predictions, and financial data. We aim to equip you with comprehensive information to make informed investment decisions.
Current Market Overview
Financial table for IREDA
| Financial Metric | Value |
|---|---|
| Market Cap | ₹48,138 Cr (As of June 2024) |
| P/E Ratio (TTM) | 38.43 |
| Industry P/E | 26.81 |
| Debt to Equity Ratio | 5.73 |
| ROE | 14.63% |
| EPS (TTM) | 4.66 |
| Dividend Yield | 0.00% |
| Book Value | 31.85 |
| Face Value | 10 |
| 52 Week High | ₹179.00 |
| 52 Week Low | ₹34.38 |
| Official Website | IREDA |
IREDA Growth Over the Past 5 Years
| Year | Revenue Growth (%) | Profit Growth (%) | Share Price Growth (%) |
|---|---|---|---|
| 2019 | 17.23% | 16.28% | 20.50% |
| 2020 | 14.21% | 14.00% | 22.30% |
| 2021 | 12.10% | 60.93% | 25.40% |
| 2022 | 21.80% | 34.67% | 27.10% |
| 2023 | 42.52% | 44.83% | 29.00% |
IREDA Share Price Target for 2025
Price Target Predictions
Target 1: ₹405.00 – This target is based on short-term market trends and the increasing demand for renewable energy.
Target 2: ₹414.04 – This target reflects a moderate growth scenario supported by IREDA’s strong financial performance and positive market sentiment.
Target 3: ₹430.00 – Considering potential government incentives and policy support, this ambitious target accounts for IREDA’s strategic initiatives and market expansion.
Analysts recommend closely monitoring quarterly financial results and market trends to adjust targets as necessary.
IREDA Share Price Target for 2030
Long-Term Market Trends
By 2030, renewable energy is expected to play a significant role in India’s energy mix. The Indian government aims to achieve 450 GW of renewable energy capacity by 2030, significantly up from the current levels. IREDA is poised to benefit from these initiatives, positioning itself as a leader in financing renewable energy projects.
Price Target Predictions
Target 1: ₹650.00 – Based on projected industry growth and IREDA’s expansion in the renewable energy market.
Target 2: ₹700.00 – Considering technological advancements and new project launches, this target reflects a bullish scenario.
Target 3: ₹741.81 – Derived from long-term growth forecasts and the company’s financial health, this target represents an optimistic outlook.
IREDA’s focus on innovation and expansion in renewable energy projects supports these predictions.
IREDA Share Price Target for 2035
Industry Outlook
The renewable energy sector is projected to grow steadily, driven by technological advancements and increasing global demand for clean energy. IREDA’s strategic initiatives, including new project launches and efficiency improvements, will likely bolster its market position.
Price Target Predictions
Target 1: ₹800.00 – Supported by projected industry growth rates and IREDA’s strategic initiatives.
Target 2: ₹850.00 – This target reflects a moderate growth scenario based on expected market conditions and operational efficiency.
Target 3: ₹900.00 – Considering new project developments and long-term economic trends, this target accounts for an ambitious growth outlook.
IREDA’s consistent performance and strategic investments are likely to yield substantial returns.
IREDA Share Price Target for 2040
Economic and Environmental Factors
By 2040, global and national policies are expected to favor renewable energy sources heavily. IREDA’s focus on sustainability and its strategic position in the hydroelectric sector make it a key player in this transition.
Price Target Predictions
Target 1: ₹1000.00 – This target represents a conservative growth estimate based on favorable policy impacts and IREDA’s growth trajectory.
Target 2: ₹1050.00 – This target reflects a moderate growth scenario supported by advancements in renewable energy technology and market expansion.
Target 3: ₹1100.00 – Considering continued expansion and innovation, this target represents an optimistic outlook.
The company’s focus on sustainability and its strategic position make these targets attainable.
IREDA Share Price Target for 2045
Global Energy Trends
The global shift towards renewable energy sources will likely accelerate, positioning IREDA as a key player in this transition. The company’s consistent performance and strategic investments are expected to yield substantial returns.
Price Target Predictions
Target 1: ₹1,200.00 – Driven by global energy trends and IREDA’s strategic market position, this target represents a conservative growth estimate.
Target 2: ₹1,250.00 – This target reflects a moderate growth scenario based on long-term investments in new technologies and market expansion.
Target 3: ₹1,300.00 – Considering the cumulative impacts of sustained growth and innovation, this target represents an optimistic outlook.
IREDA’s investments in technology and expansion projects support these predictions.
IREDA Share Price Target for 2050
Vision for the Future
By 2050, IREDA aims to lead the global renewable energy industry. The company plans to leverage new technologies and significantly expand its project portfolio, positioning itself as a key player in the renewable energy market.
Price Target Predictions
Target 1: ₹1,400.00 – Reflecting IREDA’s long-term vision and strategic planning, this target represents a conservative growth estimate.
Target 2: ₹1,500.00 – This target reflects a moderate growth scenario based on sustained investments and technological advancements.
Target 3: ₹1,600.00 – Considering the full realization of IREDA’s growth potential and market leadership, this target represents an optimistic outlook.
Shareholding Pattern
| Investor Type | Shareholding (%) |
|---|---|
| Promoters | 100% |
| Foreign Institutions | 0% |
| Domestic Institutions | 0% |
| Public & Others | 0% |
IREDA is wholly owned by the Government of India, meaning there are no other public or institutional shareholders.
Conclusion
IREDA’s share price targets from 2025 to 2050 show promising growth prospects driven by strategic initiatives, market trends, and technological advancements. Investors should consider these long-term predictions while staying updated with the latest market developments and financial reports.
Disclaimer
The information provided in this blog is for educational purposes only and does not constitute financial advice. Investors should research and consult with a financial advisor before making investment decisions.
FAQs
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Who is the current Chairman and Managing Director of IREDA?
- As of June 2024, the Chairman and Managing Director of IREDA is Pradip Kumar Das.
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What is the primary mission of IREDA?
- The primary mission of IREDA is to promote, develop, and extend financial assistance for renewable energy and energy efficiency/conservation projects.
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When was IREDA established?
- IREDA was established in 1987 as a public sector enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE).
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What types of renewable energy projects does IREDA finance?
- IREDA finances a variety of renewable energy projects including solar, wind, hydro, biomass, and energy efficiency projects.
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Where is the headquarters of IREDA located?
- The headquarters of IREDA is located in New Delhi, India.
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What are some of the key objectives of IREDA?
- Key objectives include promoting renewable energy sources, assisting in the establishment of a clean energy market, and supporting innovative clean energy technologies.
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How does IREDA support the development of renewable energy in India?
- IREDA supports the development of renewable energy through financial assistance, including loans, to project developers and operators in the renewable energy sector.
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Does IREDA have any specific schemes for promoting renewable energy?
- Yes, IREDA offers various schemes such as project-specific loans, financing for solar rooftop projects, and lines of credit from international agencies.
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What is the official website of IREDA?
- The official website of IREDA is www.ireda.in.
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Can individuals apply for funding from IREDA for renewable energy projects?
- While IREDA primarily provides funding to companies and organizations, individuals involved in renewable energy projects can apply through specific schemes designed to support small-scale and individual initiatives.
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I am Vansh Gupta, a financial analyst and seasoned author with 15 years of experience specializing in stock market trends and share price target predictions. My extensive background in analyzing market data and financial indicators enables me to provide accurate and insightful forecasts that you can trust. By sharing my wealth of experience, I aim to help investors make informed decisions with confidence. My in-depth research and expertise in financial modeling ensure that my predictions are reliable and catered to both novice and experienced investors. Trust in my knowledge and let my insights guide you towards achieving your financial goals.
