The IREDA share price has been steadily climbing, currently valued at ₹253.55. Analysts forecast that the stock could rise to ₹316 by the end of 2024, ₹560 by 2025, and between ₹543 and ₹800 by 2030. By 2040, it is expected to reach an average price of ₹1,068.50. If you’re interested in learning how to analyze stock trends like this, contact us or visit GRM IIT for more expert insights.
IREDA Share Price Target 2024
The IREDA share price target for 2024 is expected to reach ₹316, with a potential range between ₹105 and ₹396. The current price of ₹253.55 shows strong growth potential, driven by government initiatives promoting renewable energy and IREDA’s significant role in key projects. Investors are optimistic about the IREDA share price due to India’s focus on sustainable energy solutions.
Key Details for 2024:
- Current Price: ₹253.55
- Projected Price for 2024: ₹316
- Expected Range: ₹105 – ₹396
Government subsidies and continuous investments in renewable energy are critical factors contributing to the expected IREDA share price target for 2024.
IREDA Share Price Target 2025
For the following year, the IREDA share price target for 2025 is projected to reach ₹560. The company’s role in financing renewable energy projects and the growing momentum of India’s green energy market are significant growth drivers. The IREDA share price is expected to rise further as the renewable sector expands.
Key Details for 2025:
- IREDA Share Price Target 2025: ₹560
Increased investment in large-scale renewable energy projects suggests that the IREDA share price target for 2025 is attainable, offering substantial long-term growth opportunities for investors.
IREDA Share Price Target 2030
For long-term investors, the IREDA share price target for 2030 is projected to range between ₹543 and ₹800. As renewable energy adoption continues to accelerate, and IREDA’s financing role expands, the IREDA share price is expected to align with this upward trend.
Key Details for 2030:
- IREDA Share Price Target 2030 Range: ₹543 – ₹800
With IREDA playing a strategic role in renewable energy financing, the IREDA share price target for 2030 remains promising for those seeking long-term returns.
IREDA Share Price Target 2040
Looking even further ahead, the IREDA share price target for 2040 is expected to average around ₹1,068.50, with a range from ₹937 to ₹1,200. As renewable energy becomes more essential to India’s economic development, IREDA’s involvement in green energy financing will continue to drive its stock price upward.
Key Details for 2040:
- Average Price for 2040: ₹1,068.50
- Expected Range: ₹937 – ₹1,200
Investors seeking long-term gains should strongly consider the IREDA share price target for 2040 as an excellent opportunity for sustained growth.
Recent Developments and Financial Highlights
- Strong Q1 Results (2024): IREDA reported a 30% year-on-year increase in Profit After Tax (PAT) and a 32% rise in operational revenue, demonstrating its strong financial position.
- Market Sentiment: Analysts suggest the IREDA share price could reach ₹350 in the short term, buoyed by strong quarterly performance and expected government subsidies under the Production Linked Incentive (PLI) scheme.
Investment Recommendations for IREDA
Analysts recommend buying within the range of ₹250 to ₹260, with a stop loss at ₹240 to manage risks effectively. The IREDA share price target for 2024, 2025, 2030, and 2040 offers solid long-term potential, making it a compelling investment for growth-minded individuals.
| Year | Projected Price | Price Range |
|---|---|---|
| 2024 | ₹316 | ₹105 – ₹396 |
| 2025 | ₹560 | N/A |
| 2030 | ₹543 – ₹800 | N/A |
| 2040 | ₹1,068.50 | ₹937 – ₹1,200 |
Conclusion: IREDA Share Price Target for 2024, 2025, 2030, and 2040
The IREDA share price is experiencing steady growth, driven by its leadership in renewable energy financing. The IREDA share price target for 2024, 2025, 2030, and 2040 highlights substantial growth potential. Investors looking for long-term sustainable opportunities should strongly consider IREDA as a solid investment option.
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