Mumbai, 25 February 2026: There was a slight drop in the shares of Indian Renewable Energy Development Agency Limited (IREDA) this morning. On the NSE, the share was trading at ₹125.35, down ₹0.70 or 0.56% from the previous close (as of 11:25 AM IST). On the BSE as well, the same price of ₹125.35 was observed with the similar dip.
Today’s opening was at ₹127.34, with the day’s high at ₹127.34 and low at ₹124.92. On the NSE, the volume recorded was 23,37,613 shares, while on the BSE it was 3,46,108 shares. The previous trading session’s closing price was around ₹126.05. In the 52-week range, the share’s low is ₹121.65 and the high is ₹186.58. The market capitalisation is currently around ₹35,000 crore.
IREDA is a government-owned company playing an important role in financing, developing, and promoting the renewable energy sector. The company is over 75% government-owned and provides loans to sectors like solar, wind, hydro, and green hydrogen. Today’s downturn could be due to overall market sentiment, fluctuations in interest rates, and some uncertainties in the renewable energy sector.
Detailed discussion on policy, financing and regional challenges at IREDA’s 22nd stakeholders interaction meet
Recently, the 22nd IREDA Stakeholders Interaction Meet was organised at the India International Centre in New Delhi. It was led by the company’s Chairman and Managing Director, Mr Pradeep Kumar Das. Around 100 borrowers and business partners from the renewable energy sector actively participated in it.
In the meeting, a report was presented on IREDA’s recent successful performance, financial results, major initiatives and actions taken on previous issues. The main topics of discussion were regional challenges, strategic updates and funding regulations. Mr Das said that maintaining asset quality and high standards of corporate governance are essential for IREDA’s sustainable development. Regarding interest rates, he said, IREDA raises funds from the least costly sources as per RBI rules and the vision of the Indian government, so that developers benefit.
In the meeting, MSME developers were recognised as the backbone of the economy. Das mentioned, “MSME’s role is crucial for the goal of a developed India 2047. If they follow good governance, they can get finance at lower interest rates.” It was also stated that various government initiatives, banks and talented individuals from the private sector were involved to strengthen the company’s workforce. The meeting concluded with thanks from Finance Director Dr Bijay Kumar Mohanti.
This meeting is part of IREDA’s policy of transparency and continuous engagement with stakeholders. Such discussions are important to address challenges in the renewable energy sector, like storage capacity, long-term affordable financing and policy stability.
What target price did Dalal Street analysts and top brokers give for IREDA?
Analysts and leading brokers on Dalal Street view IREDA positively from a medium to long-term perspective. The company’s strong financial growth (loan approvals up 86% in Q2 FY26, disbursements up 54%) and India’s 500 GW renewable energy target show upside potential.
- According to the trendline, the average target price is ₹191.33 (about 52% upside from the current price).
- One analyst on Marketscreener has given a target of ₹150 with a HOLD rating (19% upside).
- Some brokers (based on 2 analysts) are giving a 12-month target of ₹173.
- Brokers like ICICI Direct had earlier given a BUY/OUTPERFORM rating, which focuses on the potential for growth.
Analysts believe that if interest rates remain stable and the government gives more incentives for green financing, IREDA’s stock could go back to the ₹150-180 range. However, in the short term, market volatility and pressure on PSU stocks suggest staying cautious. Overall, most brokers express opinions between HOLD and BUY.
Conclusions
IREDA is the backbone of India’s green energy transition. In FY26, strong growth in loan approvals and disbursements, encouragement to MSMEs, and strategic discussions have strengthened the company’s foundation. However, as the share is currently trading near its 52-week low, investors should focus on Q3 results, interest rate trends, and green initiatives in Budget 2026.
Today’s dip might have created a buying opportunity for long-term investors, but short-term traders should set stop-losses. IREDA’s future growth is linked to India’s net-zero target, so the outlook remains positive.
This news is based on available market data, company websites, stakeholder meeting reports and major brokerage reports. Stock market investment carries risks, get independent advice.
