IREDA shares rise nearly 2% as Q3 loan disbursements jump 44% YoY to ₹24,903 crore; check details

IREDA shares are in the spotlight today after the company announced its third-quarter business updates. IREDA stock rose 1.7% in the opening hour of trading, with a day high of ₹142.30 apiece and a day low of ₹140.65 per share as of 9:25 am.

According to the exchange filing, the company sanctioned loans worth ₹40,100 crore during the third quarter, a 29% increase compared to ₹31,087 crore in loans sanctioned in the same quarter last year.

Meanwhile, loan disbursements rose by 44% YoY to ₹24,903 crore as of December 31, 2025. Meanwhile, the company’s outstanding loan book stood at ₹87,975 crore, a rise of 28% compared to the ₹68,960 crore loan book in the same quarter of FY25.

IREDA's market cap stood at 39,891 crore as of January 1 2026, with a 52-week high of ₹234.29 apiece and 52 52-week low of ₹129.11 per share. Government-owned company is India's leading green finance company offering loans and financial support for a wide range of green projects solar, biomass, hydro, wind, and ethanol production and energy efficiency projects in the domestic market.

Despite today’s rise, IREDA shares have declined in the 2025 calendar year. IREDA stock was down over 35% in 2025. After the upbeat quarterly business numbers, investors are now looking forward to the quarterly results announcement of the company.