Knowledge of IREDA and its shares will help you: Indian Renewable Energy Development Agency Limited is IREDA. Let’s explore today. This organization greatly helps promote renewable energy in India. Another aspect to be discussed in this article is share markets in general and the price performance of IREDA shares. The full form of IREDA is the Independence Renewable Energy Development Agency. Started in 1987, IREDA is a state-owned enterprise. Its main function is to fund and provide support for initiatives powered by alternative energy sources, including solar, wind, and hydropower. This helps India produce clean energy and protect the environment. Reference: I am sure Reda will procure some new titles. The Department of Public Enterprises (DPE) gave IREDA the Navratna classification in April 2024. This unique position grants the firms more discretion to invest in projects and make decisions, therefore boosting their development even more. mention.
IREDA Shares
Small sections of a corporation that people may buy are shares, sometimes known as stocks. You own only a small piece of that business when you own a share. The worth of your share could rise should the business do well. However, should the company not do well, your share value may drop.
ISEDA: Availability SCHEDULE
IREDA announced an Initial Public Offering (IPO) in November 2023 for the first time through the public sale of shares. This entails that people could become part owners of IREDA by acquiring equity.
Present Share Performance
IREDA’s share price is about ₹139.85 as of March 17, 2025. The lowest cost in the last year was ₹121.05, while the highest was ₹310.00. This indicates the share price can vary significantly over time. IREDA’s financial plans With a total of ₹29,200 crore, IREDA fairly recently raised its borrowing ceiling by five thousand crores. This would entail the company’s intention to borrow additional funds to finance renewable energy initiatives, therefore increasing India’s output of green energy. Sustainable energy is vital because of its environmental benefits.
The earth, wind, and water are all natural origins of renewable energy. Using these sources serves to safeguard the planet and minimize pollution. For a cleaner and greener future, IREDA must assist renewable energy projects.
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Final wordings
One of the main players helping India to increase its renewable energy is IREDA. Knowing what shares are and how IREDA’s shares are faring helps us to observe how the company is expanding and adding to a sustainable future.
Disclaimer
These data are meant for academic use only. Buying shares carries hazards and before you make any investment choices, it’s important to just read up or ask a financial professional.
Also Read: IndusInd Bank: Knowledge of Recent Events and Reserve Bank of India (RBI)