Tue Apr 15 04:40:00 UTC 2025: ## IREDA Stock Jumps on Q4 Earnings Anticipation
**MUMBAI, INDIA** – Shares of Indian Renewable Energy Development Agency (IREDA) Ltd. experienced a significant surge on Tuesday, climbing 4.74% to Rs 161.45, fueled by anticipation surrounding the release of its fourth-quarter (Q4 FY25) financial results later in the day. The stock reached an intraday high of Rs 162.50, representing a 5.42% increase. Despite the positive movement, the stock remains down 27.21% year-to-date (YTD).
IREDA’s strong performance follows the announcement of a 28% year-on-year growth in its loan order book for FY25, reaching Rs 76,250 crore compared to Rs 59,698 crore in FY24. Further bolstering investor confidence, the company’s board recently approved a borrowing program of up to Rs 30,800 crore for FY26, following an earlier increase to its borrowing limit for FY25.
However, analysts remain divided on the stock’s future trajectory. While some see potential for further upside if the stock decisively breaks above Rs 170-175, others advise a “sell-on-rise” strategy until it surpasses the Rs 170 mark. The government holds a 75% stake in IREDA, a “Navratna” public sector undertaking under the Ministry of New and Renewable Energy, which provides financial services for renewable energy projects.
First Piper 