Indian Renewable Energy Development Agency (IREDA): IREDA Share Price Falls 2.17% to Rs 115.15: What the Move Shows
- August 31, 2026
- Posted by: Harsh Piplani
- Category: News
IREDA Share Price declined today, with Indian Renewable Energy Development Agency closing at Rs 115.15, down 2.17% from the previous close of Rs 117.7. The company carries a market capitalisation of Rs 33,064.65 crore, placing it in the Large Cap category. The move keeps IREDA in focus for IREDA Stock News and IREDA Share Price Today searches, even though the supplied data confirms the price event but does not establish a company-specific catalyst. The session was defined by a lower close, a narrow intraday range and a turnover of Rs 2.01 crore. For readers tracking IREDA Share Price, the key question is not just what changed today, but how the current price compares with valuation, sector benchmarks and peer data supplied by Univest.
IREDA Share Price also matters because the stock sits inside the Finance – NBFC industry, where valuation and profitability numbers can be compared with a broad same-industry benchmark. Based on the supplied figures, the move is a price fall, not a business update. That distinction is important for IREDA Stock News, IREDA Share Price News and IREDA News Today readers who want a factual read-through rather than speculation.
Indian Renewable Energy Development Agency (IREDA) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 115.15 |
| Previous Close | Rs 117.7 |
| Today's Move | -Rs 2.55 (-2.17%) |
| Open | Rs 116 |
| High | Rs 116.5 |
| Low | Rs 114.9 |
| Turnover | Rs 2.01 crore |
| Market Capitalisation | Rs 33,064.65 crore |
| Market Cap Category | Large Cap |
IREDA Share Price Today closed at Rs 115.15 after opening at Rs 116, touching an intraday high of Rs 116.5 and a low of Rs 114.9. The previous close was Rs 117.7, so the stock declined by Rs 2.55, or 2.17%, in the session. The move was contained within a relatively tight day range, which is visible in the gap between the day high and day low. For IREDA Share Price watchers, the more useful fact is that the stock ended below both the open and the previous close, confirming a lower day-end settlement.
The company’s market capitalisation of Rs 33,064.65 crore places IREDA in the Large Cap category as supplied. Turnover stood at Rs 2.01 crore, which is a factual traded-value figure and should be read only as such. On a pure price basis, today’s decline is notable because IREDA Share Price remains close to the Rs 115 zone after moving below the prior close. The verified data confirms the share price fall, but it does not establish a company-specific reason behind the move.
For investors following IREDA Share Price Today, the immediate takeaway is simple: the session ended with a clear decline from the previous close, while the intraday range stayed The next useful lens is valuation and fundamentals, which help place the current price in context.
Indian Renewable Energy Development Agency (IREDA) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 33,064.65 crore |
| P/E Ratio | 16.82x |
| P/B Ratio | 2.34x |
| ROE | 18.04% |
| ROCE | 9.37% |
| EPS | Rs 7 |
| Book Value Per Share | Rs 50.28 |
| Dividend Yield | 1.15% |
IREDA Share Price can be interpreted better when compared with the company’s valuation and profitability ratios. The stock is valued at a P/E ratio of 16.82 and a P/B ratio of 2.34. Its return on equity stands at 18.04%, while return on capital employed is 9.37%. Earnings per share are Rs 7, book value per share is Rs 50.28 and dividend yield is 1.15%. These figures give a factual snapshot of the company’s earnings base, accounting equity and historical payout relative to the current price.
In market-cap terms, IREDA has Rs 33,064.65 crore of market capitalisation, which is substantial relative to the median company in the same industry benchmark, though market cap itself is a size measure and not a quality measure. The current IREDA Share Price does not sit in isolation; it needs to be viewed alongside earnings, book value and return ratios. A P/E of 16.82 is below the industry benchmark median of 20.88, while the P/B of 2.34 is above the benchmark median of 1.08. ROE at 18.04% is well above the benchmark median of 3.21%, and ROCE at 9.37% is above the benchmark median of 5.55%.
For readers searching IREDA Fundamental Analysis, IREDA Financial Results and IREDA Stock Analysis, the supplied ratios show a company with a distinct valuation and profitability profile. The current price decline is therefore best read against these exact metrics rather than any unsupported event-based explanation.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Finance |
| Industry | Finance – NBFC |
| Benchmark Scope | same industry |
| Company P/E Ratio | 16.82x |
| Benchmark Median P/E | 20.88x |
| Benchmark Average P/E | 47.23x |
| Benchmark P/E Range | 0.49x to 711.02x |
| Company P/B Ratio | 2.34x |
| Benchmark Median P/B | 1.08x |
| Benchmark Average P/B | 1.44x |
| Company ROE | 18.04% |
| Benchmark Median ROE | 3.21% |
| Benchmark Average ROE | 1.92% |
| Company ROCE | 9.37% |
| Benchmark Median ROCE | 5.55% |
| Benchmark Average ROCE | 4.42% |
| Company Market Capitalisation | Rs 33,064.65 crore |
| Benchmark Median Market Cap | Rs 44.95 crore |
| Benchmark Average Market Cap | Rs 7,583.44 crore |
The Finance sector, and specifically the Finance – NBFC industry, provides the benchmark frame for IREDA Share Price. The sector snapshot covers 296 companies in the same industry, so the comparison set is broad. Within that set, IREDA’s P/E of 16.82 sits below the benchmark median P/E of 20.88 and well below the benchmark average of 47.23. Its P/B of 2.34 is above the benchmark median P/B of 1.08 but above the benchmark average of 1.44 only modestly. These numbers matter because they position IREDA within the industry rather than in a vacuum.
ROE at 18.04% is far above the benchmark median of 3.21% and the benchmark average of 1.92%, while ROCE at 9.37% is also above the benchmark median of 5.55% and average of 4.42%. The company’s market capitalisation of Rs 33,064.65 crore is far above the benchmark median market cap of Rs 44.95 crore and below the benchmark average market cap of Rs 7,583.44 crore only because the average is skewed by much larger companies in the sample. This is a factual size comparison, not a quality judgement.
For IREDA Stock News readers, the sector context shows that the current IREDA Share Price sits in a broad NBFC benchmark universe with a defined peer range. The price fall today should therefore be read alongside valuation and return metrics, not as a standalone signal about the sector.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Bajaj Finance | BAJFINANCE | 6,70,535.28 | 33.03 | 5.64 | 18.54 | 10.87 |
| Shriram Finance | SHRIRAMFIN | 2,54,969.3 | 22.53 | 2.34 | 16.36 | 11.49 |
| Cholamandalam Investment and Finance Company | CHOLAFIN | 1,58,002.21 | 27.47 | 4.97 | 19.51 | 9.7 |
| JIO Financial Services | JIOFIN | 1,57,220.8 | 76.08 | 1.13 | 1.23 | 2.11 |
| Bajaj Holdings & Investment | BAJAJHLDNG | 1,25,493.45 | 14.17 | 1.71 | 14.41 | 14.81 |
IREDA Share Price can also be viewed against listed NBFC peers supplied in the dataset. Among the peers, Bajaj Finance carries a P/E of 33.03 and market cap of Rs 6,70,535.28 crore, while Shriram Finance is at P/E 22.53 and market cap of Rs 2,54,969.3 crore. Cholamandalam Investment and Finance Company shows a P/E of 27.47 and market cap of Rs 1,58,002.21 crore. JIO Financial Services has a much higher P/E of 76.08, with market cap of Rs 1,57,220.8 crore.
Against that group, IREDA’s P/E of 16.82 is below all four named peers in the comparison set, while its P/B of 2.34 is below Bajaj Finance, Cholamandalam and above JIO Financial Services. Its ROE of 18.04% is below Cholamandalam’s 19.51% and Bajaj Finance’s 18.54%, but above Shriram Finance’s 16.36% and JIO Financial Services’ 1.23%. ROCE at 9.37% is below Bajaj Holdings & Investment ’s 14.81% and Shriram Finance’s 11.49%, but above JIO Financial Services’ 2.11%.
For IREDA Share Price Today, the peer read-through is mixed in a purely numerical sense. The stock is not the cheapest on P/B, and it does not lead the peer set on ROE or ROCE, but it does show a lower P/E than the listed NBFC comparables supplied here. That is the core peer context for IREDA Stock News and IREDA Share Price News readers.
Why Investors Are Watching IREDA
- IREDA Share Price fell 2.17% to Rs 115.15 from the previous close of Rs 117.7.
- The day’s open was Rs 116, the high was Rs 116.5 and the low was Rs 114.9.
- Market capitalisation stands at Rs 33,064.65 crore, and the company is classified as Large Cap.
- P/E is 16.82, P/B is 2.34, ROE is 18.04%, ROCE is 9.37%, EPS is Rs 7 and book value is Rs 50.28.
- The stock trades in the Finance – NBFC industry with a same-industry benchmark of 296 companies.
About IREDA
Indian Renewable Energy Development Agency is classified in the Finance sector and the Finance – NBFC industry. The supplied company facts identify it by name and position it inside a same-industry benchmark universe rather than as a generic financial stock. Its current market capitalisation is Rs 33,064.65 crore, and the market-cap category supplied for the company is Large Cap. IREDA Share Price therefore sits in a large listed finance-name context, with the current session’s decline providing the day’s news hook. For IREDA Share Price Today and IREDA Stock News tracking, the relevant verified inputs remain the company’s price action, market cap and valuation metrics.
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, valuation ratios, shareholding pattern, 52-week levels, market insights and company news. Univest also brings together IREDA Share Price Today context, financial ratios and sector comparisons in one place for easier monitoring.
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 Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is IREDA Share Price falling today?
Ans. IREDA Share Price fell 2.17% to Rs 115.15 from Rs 117.7. The supplied data confirms the decline and the day’s price range, but it does not establish a company-specific catalyst for the move.
What is IREDA Share Price today?
Ans. IREDA Share Price today is Rs 115.15. The stock ended below the previous close of Rs 117.7 and moved between Rs 114.9 and Rs 116.5 during the session. The previous close was Rs 117.7.
What is IREDA market capitalisation?
Ans. IREDA has a market capitalisation of Rs 33,064.65 crore. The supplied market-cap category is Large Cap, which provides size context for IREDA Share Price and the day’s decline. The company operates in the Finance sector.
How do IREDA valuation ratios look?
Ans. IREDA’s P/E is 16.82 and P/B is 2.34. EPS is Rs 7, book value is Rs 50.28 and dividend yield is 1.15%, giving a clear valuation snapshot. The company trades at a P/E ratio of 16.82x.
How does IREDA compare with NBFC peers?
Ans. In the supplied peer set, IREDA’s P/E of 16.82 is below Bajaj Finance, Shriram Finance, Cholamandalam and JIO Financial Services. Its ROE and ROCE sit in the middle of the group.
