{"id":286553,"date":"2026-10-05T11:35:34","date_gmt":"2026-10-05T06:05:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=286553"},"modified":"2026-10-22T14:24:59","modified_gmt":"2026-10-22T08:54:59","slug":"why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/","title":{"rendered":"Indian Renewable Energy Development Agency Ltd. (IRED) 52 Week Low Streak: Why Indian Renewable Energy Development Agency Keeps Trading Near One-Year Low"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/ired\/indian-renewable-energy-development-agency-ltd-share-price-today\">Indian Renewable Energy Development Agency Ltd. (IRED)<\/a> share price is trading within 2% of its 52-week low today and stood at Rs 102.9, down 0.77% from the previous close. Market cap was Rs 29,918.31<\/em><\/div>\n<p style=\"margin-top:0!important;\">Indian Renewable Energy Development Agency Ltd. (IRED) has now traded within 2% of its 52-week low for its second straight session, with the stock down 3.38% across the streak. At 2:22 PM IST, the share price was Rs 102.9, after touching Rs 101.4 during the day. The latest Univest data confirms the repeated near-low pattern, but it does not establish a company-specific cause for the continued weakness.<\/p>\n<p>The previous close was Rs 103.7, the stock opened at Rs 103 and touched a high of Rs 103.5 before slipping back near the lower end of the range. With a market capitalisation of Rs 29,918.31 crore, the repeated-low pattern matters more than a single-day move because it shows that the stock has stayed under pressure across more than one trading session rather than reacting to just one market update.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#IRED_52_Week_Low_Streak_Consecutive_Low_Analysis\" title=\"IRED 52 Week Low Streak: Consecutive Low Analysis\">IRED 52 Week Low Streak: Consecutive Low Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#What_the_Repeated_52-Week_Lows_Show\" title=\"What the Repeated 52-Week Lows Show\">What the Repeated 52-Week Lows Show<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#Indian_Renewable_Energy_Development_Agency_Ltd_IRED_Fundamental_Analysis\" title=\"Indian Renewable Energy Development Agency Ltd. (IRED) Fundamental Analysis\">Indian Renewable Energy Development Agency Ltd. (IRED) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#Why_Investors_Are_Watching\" title=\"Why Investors Are Watching\">Why Investors Are Watching<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#About_the_Company\" title=\"About the Company\">About the Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#Why_is_IRED_still_trading_near_its_52-week_low\" title=\"Why is IRED still trading near its 52-week low?\">Why is IRED still trading near its 52-week low?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#What_was_IRED_trading_at_during_the_latest_update\" title=\"What was IRED trading at during the latest update?\">What was IRED trading at during the latest update?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#How_does_IRED_compare_with_its_sector_on_valuation\" title=\"How does IRED compare with its sector on valuation?\">How does IRED compare with its sector on valuation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#Is_the_repeated_low_pattern_a_confirmed_company-specific_event\" title=\"Is the repeated low pattern a confirmed company-specific event?\">Is the repeated low pattern a confirmed company-specific event?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#What_should_investors_monitor_next_in_IRED_share_price_today\" title=\"What should investors monitor next in IRED share price today?\">What should investors monitor next in IRED share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#Is_IRED_cheap_compared_with_other_NBFC_peers\" title=\"Is IRED cheap compared with other NBFC peers?\">Is IRED cheap compared with other NBFC peers?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-indian-renewable-energy-development-agency-ltd-share-near-52-week-consecutive-low-2026\/#Track_Indian_Renewable_Energy_Development_Agency_Ltd_IRED_Share_Price_on_Univest\" title=\"Track Indian Renewable Energy Development Agency Ltd. (IRED) Share Price on Univest\">Track Indian Renewable Energy Development Agency Ltd. (IRED) Share Price on Univest<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"IRED_52_Week_Low_Streak_Consecutive_Low_Analysis\"><\/span><strong>IRED 52 Week Low Streak: Consecutive Low Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 102.9<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 103.7<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs -0.8 (-0.77%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 103<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 103.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 101.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 29,918.31 crore<\/td>\n<\/tr>\n<\/table>\n<p>Indian Renewable Energy Development Agency Ltd. (IRED) traded at Rs 102.9 versus the previous close of Rs 103.7, a fall of 0.77%. The stock opened at Rs 103, reached a high of Rs 103.5, touched a low of Rs 101.4.<\/p>\n<p>At 2:22 PM IST, IRED share price today was Rs 102.9, which is Rs 0.8 lower than the previous close of Rs 103.7, a decline of 0.77% for the ongoing session. The stock opened at Rs 103 and moved in a narrow band between Rs 101.4 and Rs 103.5 during the day, keeping the current price close to the lower end of that range. This makes the move look more like persistent weakness than a sharp intraday swing.<\/p>\n<p>For readers tracking the IRED stock news flow, the immediate focus is not a one-off fluctuation but the fact that the share price has remained near its yearly low across multiple sessions. The market capitalisation of Rs 29,918.31 crore places the company among the larger names in the Finance &#8211; NBFC space, so even a relatively small move in the share price can matter for investors watching the IRED share price update. The current price is only slightly above the day low, which keeps the short-term tone subdued and consistent with the broader IRED stock performance seen in this streak.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_the_Repeated_52-Week_Lows_Show\"><\/span><strong>What the Repeated 52-Week Lows Show<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>IRED has now traded within 2% of its 52-week low for a second straight session, and that is the key signal in this article. The stock has not just dipped once; it has stayed close to the same lower zone over consecutive trading sessions, which points to an extended weak patch rather than an isolated slide. Across the streak, the cumulative change is -3.38%, which gives readers a better view of the full move than a single-session percentage alone.<\/p>\n<p>That cumulative reading is important because it captures the full stretch of downside in the IRED share price, while the daily move shows only the latest leg of it. The latest Univest data confirms the pattern in price behaviour, but it does not establish a company-specific cause for why the stock continues to trade near its 52-week trough. For investors following IRED 52 Week Low Streak headlines, the main takeaway is that the market has kept pricing the stock near the same low band across more than one session.<\/p>\n<p>In practical terms, a second straight near-low session tends to draw more attention than a single-day dip because it suggests the weakness has persisted. That does not automatically explain the driver, but it does show that the IRED 52 Week Low Streak is not a one-day event.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Indian_Renewable_Energy_Development_Agency_Ltd_IRED_Fundamental_Analysis\"><\/span><strong>Indian Renewable Energy Development Agency Ltd. (IRED) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 29,918.31 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">14.8x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.03x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.58%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.69%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 7.01<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 51.05<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.3%<\/td>\n<\/tr>\n<\/table>\n<p>Indian Renewable Energy Development Agency Ltd. (IRED) fundamental metrics show P\/E 14.8x, P\/B 2.03x, ROE 15.58%, ROCE 8.69%. These figures provide context only and are not a buy or sell signal.<\/p>\n<p>Indian Renewable Energy Development Agency Ltd. has a market capitalisation of Rs 29,918.31 crore, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 14.8x, P\/B at 2.03x 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 1.3%, 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 12.83x, median ROE of 3.62%, median ROCE of 5.78%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Finance<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Finance &#8211; NBFC<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">14.8x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.83x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">37x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0x to 841.92x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.03x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.98x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.58%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">3.62%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.69%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">5.78%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 29,918.31 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 47.42 crore<\/td>\n<\/tr>\n<\/table>\n<p>Indian Renewable Energy Development Agency Ltd. (IRED) is classified under sector: Finance and industry: Finance &#8211; NBFC.<\/p>\n<p>Indian Renewable Energy Development Agency Ltd. (IRED) has a P\/E ratio of 14.8x, which is above the benchmark median of 12.83x, a difference of +15.35%. P\/E is a valuation multiple and is not, by itself, a buy or sell signal.<\/p>\n<p>Indian Renewable Energy Development Agency Ltd. (IRED) has a ROE of 15.58%, which is above the benchmark median of 3.62%, a difference of +330.39%. Indian Renewable Energy Development Agency Ltd. (IRED) has a ROCE of 8.69%, which is above the benchmark median of 5.78%, a difference of +50.35%.<\/p>\n<p>Track stocks falling to yearly lows through the <a href=\"https:\/\/univest.in\/screeners\/52-week-low\">Univest 52-week-low screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/manappuram\/manappuram-finance-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Manappuram Finance Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">MANAPPURAM<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">29,946.03<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.76<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.11<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.35<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/tatainvest\/tata-investment-corporation-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Tata Investment Corporation Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">TATAINVEST<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30,622.8<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">68.9<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.01<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.44<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.57<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/iifl\/iifl-finance-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>IIFL Finance Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">IIFL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">26,137.96<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.01<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.62<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">13.97<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.11<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/poonawalla\/poonawalla-fincorp-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Poonawalla Fincorp Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">POONAWALLA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">39,340.88<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">35.33<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.79<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.95<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.55<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/m&#038;mfin\/mahindra-and-mahindra-financial-services-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Mahindra &amp; Mahindra Financial Services Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">M&amp;MFIN<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">42,296.57<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.5<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.5<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.89<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.63<\/td>\n<\/tr>\n<\/table>\n<p>Indian Renewable Energy Development Agency Ltd. (IRED) has a P\/E ratio of 14.8x compared with the displayed peer median of 19.51x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 15.58% compares with a peer median of 7.11% across the companies shown in the table. ROCE stood at 8.69% versus the displayed peer median of 8.35%, providing a capital-efficiency comparison. Indian Renewable Energy Development Agency Ltd. (IRED) has a market capitalisation of Rs 29,918.31 crore. Among the 5 peers shown, 4 have a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching\"><\/span><strong>Why Investors Are Watching<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>IRED 52 Week Low Streak is now in its second straight session, which keeps the stock on watchlists.<\/li>\n<li>The cumulative decline across the streak is -3.38%, giving a fuller view of the recent weakness.<\/li>\n<li>The latest price action shows the stock staying close to the day low, not far from its lower range.<\/li>\n<li>Valuation metrics remain above the industry median on P\/E and P\/B, so the stock is not pricing like a deep-value outlier.<\/li>\n<li>The latest Univest data confirms the repeated near-low pattern, but it does not identify a company-specific trigger.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_the_Company\"><\/span><strong>About the Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indian Renewable Energy Development Agency Ltd. is a Finance &#8211; NBFC company in the Finance sector. The business is part of the listed finance universe where investors often track earnings quality, book value, credit performance and valuation multiples together. In the latest read-through, the company\u2019s market capitalisation stands at Rs 29,918.31 crore, while the core financial ratios show a P\/E of 14.8 and a P\/B of 2.03.<\/p>\n<p>For investors looking at the IRED Share Price and the broader IRED Stock News flow, the present story is about persistence rather than a single session. The company remains a large-capitalisation NBFC name in market terms, but the share price has stayed near its one-year low for another session, which keeps the IRED 52 Week Low Streak in focus.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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 Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_IRED_still_trading_near_its_52-week_low\"><\/span><strong>Why is IRED still trading near its 52-week low?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The latest Univest data confirms that IRED has traded near its 52-week low for a second straight session, but it does not establish a company-specific reason. The pattern shows continued weakness in the share price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_IRED_trading_at_during_the_latest_update\"><\/span><strong>What was IRED trading at during the latest update?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> At 2:22 PM IST, IRED was trading at Rs 102.9. The stock had a previous close of Rs 103.7, with the day\u2019s range stretching from Rs 101.4 to Rs 103.5.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_IRED_compare_with_its_sector_on_valuation\"><\/span><strong>How does IRED compare with its sector on valuation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> IRED\u2019s P\/E of 14.8 is above the industry median of 12.83, and its P\/B of 2.03 is above the industry median of 0.98. That places it above the median on these two key valuation metrics.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_repeated_low_pattern_a_confirmed_company-specific_event\"><\/span><strong>Is the repeated low pattern a confirmed company-specific event?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. The latest data confirms the price pattern, but it does not establish a company-specific cause for the repeated near-low trading. Readers should treat it as a factual market pattern, not a verified explanation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_investors_monitor_next_in_IRED_share_price_today\"><\/span><strong>What should investors monitor next in IRED share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors may track whether the stock continues to trade close to its one-year low, whether the weakness persists across more sessions, and how the valuation looks relative to peers. The price pattern remains the main immediate signal.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_IRED_cheap_compared_with_other_NBFC_peers\"><\/span><strong>Is IRED cheap compared with other NBFC peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> IRED is not the cheapest nor the most expensive in the peer set. Its P\/E and P\/B sit between lower-valued and higher-valued peers, so the stock needs to be read in context rather than on valuation alone.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Indian_Renewable_Energy_Development_Agency_Ltd_IRED_Share_Price_on_Univest\"><\/span><strong>Track Indian Renewable Energy Development Agency Ltd. (IRED) Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/ired\/indian-renewable-energy-development-agency-ltd-share-price-today\">Indian Renewable Energy Development Agency Ltd. (IRED) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/52-week-low\">Univest 52-week-low screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, yearly-low lists and related market analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Renewable Energy Development Agency Ltd. Share Price trades near its 52-week low at Rs 102.9, marking a 0.77% decline today. Market cap stands at Rs<\/p>\n","protected":false},"author":38,"featured_media":324026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-286553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["324026"],"rank_math_title":["IRED 52 Week Low Streak: Price, Valuation and Sector View"],"rank_math_description":["IRED 52 Week Low Streak: IRED has traded within 2% of its 52-week low for a second straight session. See the price move, fundamentals, sector context and peer"],"rank_math_focus_keyword":["IRED 52 Week Low Streak"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/indian-renewable-energy-development-agency-ltd-ired-52-week-low-streak-why.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/286553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=286553"}],"version-history":[{"count":4,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/286553\/revisions"}],"predecessor-version":[{"id":324028,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/286553\/revisions\/324028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/324026"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=286553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=286553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=286553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}