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IREDA share price rose 1.84% to ₹175.90, nearing the intraday high of ₹175.97.
Net profit surged 49% YoY to ₹5,000 crore in Q4 FY25, with loan book expanding to ₹76,250 crore.
Gross NPA improved to 1% from 1.7%, signaling stronger asset quality and operational performance.
The Indian Renewable Energy Development Agency (IREDA) continued to attract attention in today’s market. On June 4, 2025, as of 11:37 AM IST, its share price is ₹175.90. This marks a 1.84% gain from the previous close of ₹172.73. The stock opened slightly lower at ₹172.69 but quickly recovered. It reached an intraday high of ₹175.97 and a low of ₹171.50.
IREDA is trading close to the day’s high, showing strong buying interest. The upper and lower circuit limits are set at ₹190.00 and ₹155.45. This gives investors a wide range to trade within. The trading volume is 5.46 million shares so far. However, this is below the 20-day average of 18.77 million shares. It indicates slightly lower participation today. The delivery is 17.38%, which suggests most trades are intraday.
IREDA share price chart as of 12 PM shows gains of 1.98%:
IREDA’s market capitalization is ₹47,272 crore. This places it firmly in the large-cap category. The volume-weighted average price (VWAP) today is ₹173.88. This aligns closely with the current price, pointing to stable price action.
The company’s trailing twelve-month earnings per share (EPS) is ₹6.32. This reflects a 35.68% growth over the past year. The price-to-earnings (PE) ratio is 27.83, higher than the sector average of 12.23. However, this is still considered fair given IREDA’s strong growth. The price-to-book (P/B) ratio is 5.07, which suggests the stock is reasonably valued.
IREDA’s March 2025 results were strong. Net profit rose by 49% year-on-year to ₹5,000 crore. Interest income increased 37% to ₹19,000 crore. Net interest income also rose 47% to ₹8,000 crore. These gains were supported by a higher interest spread and improved yields. The loan book grew 28% year-on-year to ₹76,250 crore. This shows continued demand for renewable energy financing.
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IREDA has raised capital through perpetual bonds. It has also increased its borrowing limit by ₹5,000 crore. These steps will help fund more green energy projects. They also show the company’s readiness to scale up.
The company’s asset quality has also improved. Gross non-performing assets (NPA) have dropped to 1% from 1.7%. This reflects better underwriting and improved recoveries. Lower slippages have also contributed to the improved numbers.
India’s renewable energy sector is gaining strong policy and financial support. IREDA has benefited from this momentum. The company was recently added to the FTSE All-World Index. It also received ratings upgrades and board approval for a final dividend. These factors have improved investor confidence.
IREDA remains a key player in renewable energy financing. Its strong earnings, better asset quality, and strategic moves are encouraging. The share price holds near the day’s high and above VWAP. Resistance is at ₹177.12, and support is near ₹171.11. Short-term sentiment remains positive.
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