Posted on April 15, 2025, by Niftynews
The IREDA share price rose over 5% intraday on April 15, 2025, as investors anticipate strong earnings from the renewable energy PSU. Shares of Indian Renewable Energy Development Agency (IREDA) Ltd surged to ₹162.50 before settling slightly lower at ₹161.45 — still up 4.74% for the day.
Despite today’s rally, the IREDA share price is down 27.21% year-to-date, presenting potential value for long-term investors keeping an eye on India’s clean energy boom.
IREDA Share Price Boosted by Strong Loan Book Growth
A major catalyst behind the rise in the IREDA share price is the company’s recently announced 28% year-on-year growth in its loan book. For the financial year 2024-25, IREDA’s loan order book reached ₹76,250 crore, up from ₹59,698 crore in FY24.
This substantial expansion reflects the rising demand for renewable energy financing in India and positions IREDA as a critical player in the green infrastructure push.
Borrowing Program Expanded – Capital for the Future
To support its growing operations, IREDA’s board has approved a ₹30,800 crore borrowing program for FY26. This follows an increase in its FY25 borrowing limit to ₹29,200 crore (from ₹24,200 crore), enabling the PSU to meet financing demands for solar, wind, hydro, and other renewable energy projects.
These moves reflect a proactive strategy to maintain liquidity and drive growth in the renewable lending space — another factor contributing to bullish sentiment around the IREDA share price.
IREDA Share Price Technical View – Watch ₹170-₹175 Zone
H2: IREDA Share Price Technical Outlook
Despite today’s gain, IREDA shares remain in a correction phase from their all-time high of over ₹215. However, the rally toward the ₹160+ level shows early signs of recovery.
“For sustained momentum, IREDA share price must break and hold above ₹175,” said Kunal Kamble, Senior Technical Analyst at Bonanza Group. “Only then can we expect higher targets to open up.”
Similarly, Ameya Ranadive from StoxBox added that IREDA is a “sell-on-rise candidate” unless it breaks out of the ₹170 resistance zone with heavy volume support.
About IREDA – India’s Renewable Finance Backbone
The Indian Renewable Energy Development Agency is a Navratna PSU under the Ministry of New and Renewable Energy. The government currently holds a 75% stake in the company.
IREDA finances clean energy projects across:
- Solar, wind, hydro, and bio-energy
- Energy efficiency initiatives
- Clean-tech manufacturing
- Transmission and infrastructure
As a leading non-banking financial company (NBFC) in India’s green energy transition, IREDA offers both fund-based and non-fund-based financial products — from project inception to completion.
What to Expect in Q4 FY25 Results?
IREDA is expected to release its Q4 FY25 earnings later today. Investors are eyeing key performance indicators like:
- Net interest income (NII)
- Loan disbursement growth
- Net profit and margin trends
- Asset quality and NPAs
- Future capex and guidance
With its loan book and borrowing capabilities improving, analysts expect the company to post a steady set of numbers, which may further fuel upside in the IREDA share price.
Should You Buy IREDA Stock?
While the IREDA share price has been volatile in recent months, the fundamentals remain strong:
28% YoY loan growth
Aggressive borrowing capacity
Strategic government support
Dominant position in clean energy lending
For long-term investors focused on India’s green energy future, IREDA presents an attractive investment case — especially after the recent correction.
Traders, however, should wait for a technical breakout above ₹175 with strong volumes before entering for short-term gains.
Conclusion
The IREDA share price has staged a sharp recovery today ahead of Q4 FY25 results, backed by strong fundamentals and positive investor sentiment. With a growing loan book, increased borrowing capability, and a crucial role in India’s renewable push, this Navratna PSU is worth watching.
Whether you’re a short-term trader eyeing breakouts or a long-term investor looking for green portfolio plays, IREDA is back on the radar.