Indian Renewable Energy Development Agency (IREDA): IREDA Share Price Falls 2.68% as Large Cap Stock Trades Lower Today
- October 1, 2026
- Posted by: Kunal Singla
- Category: News
IREDA Share Price moved lower today, with Indian Renewable Energy Development Agency last traded at Rs 103.65, down 2.68% from the previous close of Rs 106.50. The company’s market capitalisation stood at Rs 29,918.31 crore, keeping IREDA in the Large Cap category. The share price decline placed IREDA Share Price in focus for investors tracking IREDA Share Price Today and IREDA Stock News. Univest data confirms the move itself, though no company-specific trigger has been identified. As of 21 October 2026 at 10:22:56 AM IST, the move reflects a lower trade versus the opening level, while the latest Univest figures also place the stock inside a clear intraday range. IREDA Share Price is therefore drawing attention mainly because of the day’s price action and the company’s valuation context.
Indian Renewable Energy Development Agency (IREDA) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 103.65 |
| Previous Close | Rs 106.5 |
| Today's Move | -Rs 2.85 (-2.68%) |
| Open | Rs 107.95 |
| High | Rs 108.1 |
| Low | Rs 103.65 |
| Market Capitalisation | Rs 29,918.31 crore |
| Market Cap Category | Large Cap |
IREDA Share Price Today shows a straightforward intraday decline. The stock opened at Rs 107.95, touched a high of Rs 108.10 and a low of Rs 103.65, and last traded at Rs 103.65. That means IREDA Share Price moved Rs 2.85 lower than the previous close of Rs 106.50, which translates to a 2.68% fall. The current move also places the stock at the day’s low, which is useful context for readers following IREDA Share Price Live and IREDA Stock Performance. With a market capitalisation of Rs 29,918.31 crore, IREDA remains a Large Cap name in the Finance sector. For investors tracking IREDA Share Price Update, the key takeaway is that the stock is trading below both its opening price and previous close, and that brings the focus back to fundamentals.
Indian Renewable Energy Development Agency (IREDA) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 29,918.31 crore |
| P/E Ratio | 15.2x |
| P/B Ratio | 2.09x |
| ROE | 15.58% |
| ROCE | 8.69% |
| EPS | Rs 7.01 |
| Book Value Per Share | Rs 51.05 |
| Dividend Yield | 1.27% |
Indian Renewable Energy Development Agency (IREDA) fundamental metrics show P/E 15.2x, P/B 2.09x, ROE 15.58%, ROCE 8.69%. Read together, these ratios describe the company’s position rather than a recommendation.
Indian Renewable Energy Development Agency has a market capitalisation of Rs 29,918.31 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 15.2x, P/B at 2.09x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 15.58% and ROCE of 8.69%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 7.01, book value per share of Rs 51.05, dividend yield of 1.27%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 19.27x, median ROE of 3.67%, median ROCE of 6.01%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Finance |
| Industry | Finance – NBFC |
| Benchmark Scope | same industry |
| Company P/E Ratio | 15.2x |
| Benchmark Median P/E | 19.27x |
| Benchmark Average P/E | 47.28x |
| Benchmark P/E Range | 0.47x to 811.65x |
| Company P/B Ratio | 2.09x |
| Benchmark Median P/B | 0.98x |
| Benchmark Average P/B | 1.46x |
| Company ROE | 15.58% |
| Benchmark Median ROE | 3.67% |
| Benchmark Average ROE | 4.77% |
| Company ROCE | 8.69% |
| Benchmark Median ROCE | 6.01% |
| Benchmark Average ROCE | 5.82% |
| Company Market Capitalisation | Rs 29,918.31 crore |
| Benchmark Median Market Cap | Rs 51.95 crore |
| Benchmark Average Market Cap | Rs 6,924.98 crore |
Indian Renewable Energy Development Agency (IREDA) operates in the Finance sector, within the Finance – NBFC industry.
Indian Renewable Energy Development Agency (IREDA) has a P/E ratio of 15.2x, which is below the benchmark median of 19.27x, a difference of -21.12%. The P/E comparison frames valuation; it is not a signal to buy or sell.
Indian Renewable Energy Development Agency (IREDA) has a ROE of 15.58%, which is above the benchmark median of 3.67%, a difference of +324.52%. Indian Renewable Energy Development Agency (IREDA) has a ROCE of 8.69%, which is above the benchmark median of 6.01%, a difference of +44.59%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Bajaj Finance | BAJFINANCE | 5,95,823.83 | 27.46 | 4.84 | 18.54 | 10.87 |
| Shriram Finance | SHRIRAMFIN | 2,18,131.15 | 19.27 | 2 | 16.36 | 11.49 |
| JIO Financial Services | JIOFIN | 1,41,109.14 | 82.43 | 1.09 | 1.23 | 2.11 |
| Cholamandalam Investment and Finance Company | CHOLAFIN | 1,33,338.64 | 23.19 | 4.11 | 19.51 | 9.7 |
| Bajaj Holdings & Investment | BAJAJHLDNG | 1,25,100.58 | 14.13 | 1.7 | 14.41 | 14.81 |
Indian Renewable Energy Development Agency (IREDA) has a P/E ratio of 15.2x compared with the displayed peer median of 23.19x. Peer multiples give relative context only, not a buy or sell view. Its ROE of 15.58% compares with a peer median of 16.36% across the companies shown in the table. ROCE stood at 8.69% versus the displayed peer median of 10.87%, providing a capital-efficiency comparison. Indian Renewable Energy Development Agency (IREDA) has a market capitalisation of Rs 29,918.31 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching IREDA
- IREDA Share Price fell 2.68% and last traded at Rs 103.65, so the day’s price action is the first point of attention.
- IREDA Share Price remains a Large Cap NBFC name with market capitalisation of Rs 29,918.31 crore.
- IREDA Fundamental Analysis shows a P/E of 15.2, a P/B of 2.09 and ROE of 15.58%.
- IREDA Share Price Today can be read alongside EPS of Rs 7.01, book value of Rs 51.05 and dividend yield of 1.27%.
- IREDA Stock News stays relevant because the company’s ratios sit against a broad Finance sector benchmark and a peer set that includes larger NBFC names.
About IREDA
Indian Renewable Energy Development Agency operates in the Finance sector and the Finance – NBFC industry. The company is associated with renewable energy financing and related lending activities, which place it in a specialised part of the NBFC market. IREDA Share Price often reflects how investors read that niche positioning alongside its financial ratios and market capitalisation. In the current setup, IREDA Share Price is supported by a Large Cap profile, a meaningful book value per share and profitability ratios that can be compared with other NBFC names. For readers tracking IREDA Company News, this business model remains central to how the stock is assessed in the market.
Track IREDA Share Price on Univest
Use Indian Renewable Energy Development Agency (IREDA) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
You can track IREDA Share Price on Univest for live price updates, fundamental ratios, 52-week levels and market insights in one place. IREDA Share Price Today, IREDA Stock Analysis and IREDA Latest News can all be followed with the same company page. Investors who want a cleaner view of IREDA Share Price Update can use Univest to monitor valuation, sector context and key financial metrics without having to switch between multiple sources.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is IREDA falling today?
Ans. IREDA Share Price fell 2.68% to Rs 103.65 from Rs 106.50. Univest data confirms the move itself, though no company-specific trigger has been identified. The move also left the stock at its intraday low.
What is the current IREDA Share Price today?
Ans. IREDA Share Price last traded at Rs 103.65. It opened at Rs 107.95, touched Rs 108.10 and moved to Rs 103.65 during the day’s trade, keeping the price below the previous close of Rs 106.50.
How much did IREDA share price fall?
Ans. IREDA Share Price declined by Rs 2.85, or 2.68%, versus the previous close. That is a clear one-day move for investors following IREDA Share Price Today and IREDA Stock News.
What is IREDA market capitalisation?
Ans. IREDA Market Cap stood at Rs 29,918.31 crore. The company is classified as a Large Cap stock, which places it well above the benchmark median market capitalisation for the Finance – NBFC peer group.
What does IREDA Fundamental Analysis show?
Ans. IREDA Fundamental Analysis shows a P/E of 15.2, P/B of 2.09, ROE of 15.58% and ROCE of 8.69%. EPS is Rs 7.01 and book value is Rs 51.05 per share, which gives useful context to the share price.
Is IREDA Share Price expensive compared with peers?
Ans. IREDA Share Price trades below some peers on P/E, including Bajaj Finance and Cholamandalam, but above Bajaj Holdings. On P/B, it sits below Bajaj Finance and Cholamandalam, while staying above Shriram Finance and Bajaj Holdings.
How does IREDA compare with the sector benchmark?
Ans. IREDA’s P/E of 15.2 is below the industry median of 19.27 and the average of 47.28. Its ROE of 15.58% is above the benchmark median of 3.67%, while ROCE of 8.69% is also above the median.
What is IREDA book value and dividend yield?
Ans. IREDA book value is Rs 51.05 per share and dividend yield is 1.27%. Book value shows the accounting net worth per share, while dividend yield gives a current payout reference against the present IREDA Share Price.
Should investors track IREDA Share Price now?
Ans. Investors tracking IREDA Share Price may watch the day’s range, valuation ratios and sector comparison. The stock is a Large Cap NBFC name with a noticeable move today, so IREDA Stock Analysis remains relevant.
