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Indian Renewable Energy Development Agency is currently trading at Rs. 179.65, up by 1.65 points or 0.93% from its previous closing of Rs. 178.00 on the BSE.

The scrip opened at Rs. 179.90 and has touched a high and low of Rs. 182.30 and Rs. 173.70 respectively. So far 4050740 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 215.00 on 06-Feb-2024 and a 52 week low of Rs. 49.99 on 29-Nov-2023.

Last one week high and low of the scrip stood at Rs. 185.50 and Rs. 154.00 respectively. The current market cap of the company is Rs. 48379.76 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 6.25% and 18.75% respectively.

Indian Renewable Energy Development Agency (IREDA) and Punjab National Bank (PNB) have joined hands through the signing of a Memorandum of Understanding (MoU) aimed at advancing renewable energy initiatives across the nation. The agreement paves the way for joint efforts in co-lending and loan syndication for a diverse spectrum of Renewable Energy projects.

The MoU comprises various provisions aimed at enhancing support for Renewable Energy projects. These include joint lending, loan syndication and underwriting, management of Trust and Retention Account (TRA) for IREDA borrowers, and working towards competitive terms of sanction, including pricing on IREDA borrowings. Also, both IREDA and PNB can invest in the Bonds issued by either organization through this collaboration.

This collaboration further strengthens IREDA's successful partnerships with other prominent financial institutions, including Bank of Baroda, Bank of India, Union Bank of India, India Infrastructure Finance Company, Bank of Maharashtra, and Indian Overseas Bank. These MoUs similarly focus on co-lending and loan syndication for a wide range of Renewable Energy projects across the country.

Indian Renewable Energy Development Agency is a Mini Ratna (Category - I) Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE).

Indian Ren. Energy Share Price

130.10 -2.85 (-2.14%)
20-Apr-2026 16:59 View Price Chart
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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