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Moneycontrol12-02-2026, 12:04

IREDA Stock Hits 52-Week Low Amidst Strong Financial Growth

  • Indian Renewable Energy Development Agency (IREDA) stock fell 1.97% to a 52-week low of Rs 124.10 on NSE today.
  • Despite the stock dip, IREDA reported consistent revenue growth, increasing from Rs 4,963.93 Crore in 2024 to Rs 6,743.32 Crore in 2025.
  • Net profit also saw significant growth, rising from Rs 1,252.24 Crore in 2024 to Rs 1,698.34 Crore in 2025.
  • Earnings per share (EPS) showed an upward trend, increasing from Rs 5.16 in 2024 to Rs 6.32 in 2025 annually.
  • The company's board is considering raising funds through a qualified institutions placement (QIP) of equity shares.

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