IREDA Share Price: 15 Oct 2026 Snapshot, 52‑Week Low Trend and FY27 MoU Impact
On 15 Oct 2026 IREDA’s share closed at ₹103.9, up 0.1% from the previous close, while staying within 2% of its 52‑week low for a sixth straight session. The agency also signed a performance‑based MoU with MNRE on 5 Oct 2026 to set FY27 targets, amid solid FY26 earnings and a growing loan book.
15 Oct 2026, 14:29 UTC
Current Share Price and 52‑Week Low Trend
On 15 Oct 2026, IREDA’s share closed at ₹103.9, a modest 0.1% rise from the previous close. The stock has been trading within 2% of its 52‑week low for six consecutive sessions, with a cumulative decline of 6.9% over that period. The intraday range was narrow, moving between ₹103.8 and ₹105, but the repeated low pattern signals persistent downside pressure. Market capitalisation stands at ₹30,199.24 crore, a figure that places IREDA among the larger NBFCs on the NSE.
Source: Univest
FY26 Financial Performance
For the year ending 31 Mar 2026, IREDA reported a standalone net profit after tax of ₹1,873.34 crore on revenue of ₹8,337.48 crore. The outstanding loan book grew to ₹94,852 crore by 30 Jun 2026, up from ₹90,196.60 crore in March. These figures demonstrate solid profitability and a growing asset base, though the loan‑book expansion also raises questions about asset quality and interest‑rate exposure.
Source: Sahi Markets
FY27 Performance‑Based MoU with MNRE
On 5 Oct 2026, IREDA signed a performance‑based Memorandum of Understanding with the Ministry of New and Renewable Energy (MNRE). The agreement sets strategic operational and financial targets for FY27, providing a framework to assess IREDA’s performance against agreed objectives. The MoU was signed by MNRE Secretary Santosh Kumar Sarangi and IREDA CMD Bijay Kumar Mohanty at Atal Akshay Urja Bhawan in New Delhi.
Source: Power Peak Digest
What This Means for Investors
- Price context: The persistent low pattern suggests caution for short‑term traders, but the share remains within the broader 52‑week band.
- Target clarity: The FY27 MoU introduces clear operational benchmarks (e.g., Return on Net Worth, Return on Capital Employed), which could boost long‑term confidence in IREDA’s strategic trajectory.
- Financial foundation: Strong FY26 earnings and a growing loan book provide a solid base for the upcoming borrowing programme, but investors should monitor asset‑quality indicators and interest‑rate sensitivity.
- Regulatory backdrop: The MoU aligns IREDA’s performance with national clean‑energy goals, potentially enhancing its creditworthiness and access to capital markets.
Key Metrics Snapshot
| Metric | Value |
|---|---|
| Share Price (15 Oct 2026) | ₹103.9 |
| 52‑Week Low | ₹102.2 |
| Market Cap | ₹30,199.24 crore |
| FY26 Net Profit (after tax) | ₹1,873.34 crore |
| FY26 Revenue | ₹8,337.48 crore |
| Loan Book (30 Jun 2026) | ₹94,852 crore |
Sources & further reading
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