Indian Renewable Energy Development Agency (IREDA): IREDA Share Price Falls 2.46% as Large Cap Stock Trades at Rs 108.85
- October 1, 2026
- Posted by: Kunal Singla
- Category: News
IREDA Share Price moved lower in early trade, with Indian Renewable Energy Development Agency last traded at Rs 108.85, down 2.46% from the previous close of Rs 111.6. The stock’s market capitalisation stood at Rs 31,238.65 crore, placing the move in a Large Cap context. Univest figures confirm the price action, but they do not point to a specific company trigger. That makes the latest IREDA Share Price decline a clean price-action event rather than a news-driven shock. For readers tracking IREDA Share Price Today, the key question is how the fall compares with the company’s valuation, profitability ratios and Finance – NBFC peer set. The latest Univest figures show enough fundamental context to understand why IREDA Share Price News is drawing attention today.
Indian Renewable Energy Development Agency (IREDA) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 108.85 |
| Previous Close | Rs 111.6 |
| Today's Move | -Rs 2.75 (-2.46%) |
| Open | Rs 112.55 |
| High | Rs 112.55 |
| Low | Rs 108.7 |
| Market Capitalisation | Rs 31,238.65 crore |
| Market Cap Category | Large Cap |
IREDA Share Price opened at Rs 112.55, touched a high of Rs 112.55 and a low of Rs 108.7, before last trading at Rs 108.85. The day change of Rs -2.75 translated into a 2.46% decline from the previous close, showing a clear intraday reset in IREDA Share Price Today. The gap between the opening level and the low shows that the stock moved into weaker territory soon after trade began, while the low remained close to the last traded price. With a market capitalisation of Rs 31,238.65 crore, IREDA remains a Large Cap name in the Finance space. This is the kind of IREDA Share Price Fall that investors often track alongside IREDA Stock News and IREDA Share Price Update, especially when there is no stated catalyst. The price action now leads naturally into the company’s fundamentals and valuation.
Indian Renewable Energy Development Agency (IREDA) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 31,238.65 crore |
| P/E Ratio | 15.95x |
| P/B Ratio | 2.22x |
| ROE | 15.58% |
| ROCE | 8.69% |
| EPS | Rs 7 |
| Book Value Per Share | Rs 50.28 |
| Dividend Yield | 1.21% |
Indian Renewable Energy Development Agency (IREDA) fundamental metrics show P/E 15.95x, P/B 2.22x, ROE 15.58%, ROCE 8.69%. Taken on their own, these numbers offer context rather than a trading signal.
Indian Renewable Energy Development Agency has a market capitalisation of Rs 31,238.65 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 15.95x, P/B at 2.22x 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, book value per share of Rs 50.28, dividend yield of 1.21%, 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 21.86x, median ROE of 3.82%, median ROCE of 6.28%. They set out the fundamental picture and are not a rating on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Finance |
| Industry | Finance – NBFC |
| Benchmark Scope | same industry |
| Company P/E Ratio | 15.95x |
| Benchmark Median P/E | 21.86x |
| Benchmark Average P/E | 52.41x |
| Benchmark P/E Range | 0.47x to 789.8x |
| Company P/B Ratio | 2.22x |
| Benchmark Median P/B | 1.02x |
| Benchmark Average P/B | 1.54x |
| Company ROE | 15.58% |
| Benchmark Median ROE | 3.82% |
| Benchmark Average ROE | 4.91% |
| Company ROCE | 8.69% |
| Benchmark Median ROCE | 6.28% |
| Benchmark Average ROCE | 5.74% |
| Company Market Capitalisation | Rs 31,238.65 crore |
| Benchmark Median Market Cap | Rs 53.7 crore |
| Benchmark Average Market Cap | Rs 7,175.12 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 15.95x, which is below the benchmark median of 21.86x, a difference of -27.04%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Indian Renewable Energy Development Agency (IREDA) has a ROE of 15.58%, which is above the benchmark median of 3.82%, a difference of +307.85%. Indian Renewable Energy Development Agency (IREDA) has a ROCE of 8.69%, which is above the benchmark median of 6.28%, a difference of +38.38%.
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 | 6,06,096.65 | 29.48 | 5.03 | 18.54 | 10.87 |
| Shriram Finance | SHRIRAMFIN | 2,28,951.28 | 20.46 | 2.12 | 16.36 | 11.49 |
| JIO Financial Services | JIOFIN | 1,43,882.46 | 69.21 | 1.03 | 1.23 | 2.11 |
| Cholamandalam Investment and Finance Company | CHOLAFIN | 1,39,389.63 | 24.01 | 4.31 | 19.51 | 9.7 |
| Bajaj Holdings & Investment | BAJAJHLDNG | 1,18,683.4 | 13.55 | 1.63 | 14.41 | 14.81 |
Indian Renewable Energy Development Agency (IREDA) has a P/E ratio of 15.95x compared with the displayed peer median of 24.01x. The comparison is relative and should not be read as a recommendation. 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 31,238.65 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching IREDA
- IREDA Share Price fell 2.46% in the latest session, making the stock an active part of IREDA Stock News today.
- IREDA Share Price Today moved between Rs 112.55 and Rs 108.7, giving a clear intraday range to track.
- IREDA Share Price carries a P/E of 15.95 and P/B of 2.22, which keeps valuation in focus.
- ROE of 15.58% and ROCE of 8.69% provide core context for IREDA Fundamental Analysis.
- IREDA Share Price sits in the Finance – NBFC industry, where peer comparison is important for IREDA Share Price Update.
About IREDA
Indian Renewable Energy Development Agency operates in the Finance sector and the Finance – NBFC industry. The business is associated with financing renewable energy and related projects, which places IREDA Share Price in a specialised financial-services context rather than a broad retail lending category. The company’s market capitalisation of Rs 31,238.65 crore shows that IREDA is a Large Cap name. The latest verified metrics also show EPS of Rs 7, book value of Rs 50.28 and dividend yield of 1.21%, which give a compact view of the company’s earnings base, balance-sheet support and payout history. For readers following IREDA Company News, this business profile helps connect the stock’s valuation with its role in the Finance – NBFC space.
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, market capitalisation, 52-week levels and market insights. Univest also helps readers follow IREDA Stock News, IREDA Share Price Today and related financial ratios in one place. For users comparing IREDA with other Finance – NBFC names, that makes each IREDA Share Price Update easier to place in context.
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
What is IREDA Share Price today?
Ans. IREDA Share Price was last traded at Rs 108.85, down 2.46% from the previous close of Rs 111.6. The move placed the stock in the news for an intraday decline rather than a fresh fundamental event.
Why is IREDA falling today?
Ans. Univest figures confirm the price action, but they do not point to a specific company trigger. IREDA Share Price moved lower on the day, with a drop of Rs 2.75 and an intraday low of Rs 108.7.
What is the market capitalisation of IREDA?
Ans. IREDA has a market capitalisation of Rs 31,238.65 crore, which places it in the Large Cap category. That size context matters when reading IREDA Share Price, valuation metrics and peer comparison within Finance – NBFC.
What is IREDA Share Price P/E ratio?
Ans. IREDA Share Price trades at a P/E ratio of 15.95. In the same industry benchmark, that sits below the median of 21.86, helping frame the stock’s valuation versus other Finance – NBFC names.
How does IREDA compare on P/B ratio?
Ans. IREDA’s P/B ratio is 2.22, above the industry median of 1.02 and average of 1.54. That means IREDA Share Price is valued above the central benchmark on book-value terms. The company trades at a P/E ratio of 15.95x.
What do IREDA’s ROE and ROCE show?
Ans. IREDA’s ROE is 15.58% and ROCE is 8.69%. Both are above the industry medians, which gives IREDA Share Price a stronger profitability context than many Finance – NBFC peers. The relevant peer median ROE is 3.82%.
What are IREDA EPS, book value and dividend yield?
Ans. IREDA reports EPS of Rs 7, book value of Rs 50.28 per share and dividend yield of 1.21%. These figures help readers assess earnings support, balance-sheet value and payout history behind IREDA Share Price.
How does IREDA Share Price compare with peers?
Ans. IREDA Share Price sits below Bajaj Finance and Cholamandalam on P/E, but above Bajaj Holdings on that measure. Its ROE is competitive, while ROCE is below some higher-performing peers in the listed set.
