Mumbai News, 04 March 2026: Indian Renewable Energy Development Agency Limited (IREDA) is a leading government company in the renewable energy sector in India. The company provides financial support to renewable energy projects and its performance in the stock market draws special attention from investors. Today, 4 March 2026, IREDA’s share prices are seeing a decline, sparking discussions among investors. In this article, we will talk about IREDA’s share price details, the latest status on NSE and BSE, the next target price, the company’s debt position, and the returns received by investors.
The latest status on NSE and BSE
As per the trading that ended on 2 March 2026, IREDA’s share price fell by 5.17%. The closing price on NSE is ₹115.93, which is lower than the previous close of ₹122.25. The open price was ₹115.91, the high ₹119.40, the low ₹114.75 and the volume was 12.596 million shares. The 52-week high is ₹186.58 and the low is ₹114.75, which puts the current price near the year’s low.
The same trend is seen on the BSE too, even though specific figures aren’t available, it matches the NSE data. The stock has fallen by 10.51% in the past month, 15.28% in three months and 21.3% in a year. This has increased concern among investors, especially despite the company’s good financial results.
Next target price of IREDA share
According to analysts, IREDA’s shares are expected to see good growth in the near future. The average target price is between ₹150 and ₹190. Based on the trendline estimate, the average target is ₹191.33, showing a 65% increase from the current price. Other analysts have given targets of ₹173, ₹183.6, ₹265 and ₹218. However, some estimates range from ₹113 to ₹218, reflecting market uncertainty.
After the Q3 FY26 results, the company’s profit has increased by 37.5%, leading analysts to give a ‘buy’ rating. Due to IREDA’s strong position in the renewable energy sector, revenue for 2026-27 is expected to be ₹35 billion to ₹42 billion.
The company’s debt situation
Since IREDA is a lending company, the amount of debt in its financial position is important. According to the latest financial report, the company’s total debt is ₹75,018 crore. Total liabilities are ₹78,661 crore and total assets are ₹92,200 crore. The debt-to-equity ratio is 554.1%, which is high but expected due to the business model in the renewable energy sector.
Compared to previous years, the total debt in 2022 was ₹64,740 crore, which has increased. The company’s debt management is good, and the interest coverage ratio is strong. In Q3 FY26, the profit was ₹585 crore, showing a 37.56% YoY growth.
The return investors got
IREDA’s IPO came at ₹32 in November 2023, and it listed at ₹50. At the current price of ₹116, the return since the IPO is around 262%. The return since listing is 132%. However, the share has fallen by 21.3% in the past year, leaving short-term investors disappointed.
In the long term, the company has shown a 51% CAGR profit growth over 5 years. In Q3 FY26, loan disbursement rose 44% to ₹24,903 crore. Investor reactions on X (Twitter) are mixed, with some expressing concern over the share slump.
Conclusion
IREDA is a strong company in the renewable energy sector with good financial results. However, due to market uncertainty, the share price is under pressure. Analysts believe it is a good option for long-term investors, but there are short-term risks. Seek professional advice before investing. Thanks to India’s renewable energy policy, IREDA’s future growth looks bright.
Disclaimer:
NiftySharePrice.com stock market news is based solely on publicly available, authentic data sources like NSE – BSE and SEBI-authorized brokers & analysts. Investing in the stock market involves risk. So, do your own research and consult your authorized advisors before investing.
