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Indian Renewable Energy Development Agency Ltd. (IRED) Share Price Near 52-Week Low as IRED Slips 1.44%

24 Sept 20261:49 pm

Indian Renewable Energy Development Agency Ltd. (IRED) Share Price Near 52-Week Low as IRED Slips 1.44%
Indian Renewable Energy Development Agency Ltd. (IRED) share price is trading within 2% of its 52-week low of Rs 109.3 today and later stood at Rs 109.4, down 1.44% from the previous close. Market cap was Rs 30,901.54

IRED Share Price is under pressure today, with Indian Renewable Energy Development Agency Ltd. trading at Rs 109.4, down 1.44% from the previous close of Rs 111. The stock is sitting close to its 52-week low, while its market capitalisation stands at Rs 30,901.54 crore. For investors following IRED Share Price Today, the move is notable because the supplied data confirms the price event, but it does not establish a company-specific catalyst. Univest flags the stock as a near 52-week low name, which makes the latest Price Action, valuation profile and sector comparison relevant for stock analysis and fundamental analysis. On current data, IRED Stock News is being shaped more by price behaviour and benchmark context than by a fresh earnings trigger.

IRED Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 109.4
Previous Close Rs 111
Today's Move Rs -1.6 (-1.44%)
Open Rs 110
High Rs 110.6
Low Rs 109.3
Turnover Rs 2.9 crore
Market Capitalisation Rs 30,901.54 crore

Indian Renewable Energy Development Agency Ltd. (IRED) traded at Rs 109.4 versus the previous close of Rs 111, a fall of 1.44%. The stock opened at Rs 110, reached a high of Rs 110.6, touched a low of Rs 109.3.

IRED Share Price Today opened at Rs 110 and moved between Rs 110.6 and Rs 109.3 during the session, leaving the stock at Rs 109.4 versus the previous close of Rs 111. That translates into a decline of Rs 1.6 or 1.44%, with turnover of Rs 2.9 crore. The session profile shows that the stock stayed soft through the day and remained close to its one-year low zone, which keeps attention on support behaviour in the near term. The market capitalisation of Rs 30,901.54 crore places IRED among the larger names in the NBFC universe, even though the share price has weakened. For readers tracking IRED Share Price Live, the key takeaway is that the latest IRED Share Price Update reflects selling pressure near a 52-week low, but the data set itself does not point to a fresh company-specific trigger. That is why Univest readers often check whether price action is diverging from sector fundamentals.

Indian Renewable Energy Development Agency Ltd. (IRED) Fundamental Analysis

Metric Value
Market Capitalisation Rs 30,901.54 crore
P/E Ratio 15.86x
P/B Ratio 2.21x
ROE 15.58%
ROCE 8.69%
EPS Rs 7
Book Value Per Share Rs 50.28
Dividend Yield 1.22%

Indian Renewable Energy Development Agency Ltd. (IRED) fundamental metrics show P/E 15.86x, P/B 2.21x, ROE 15.58%, ROCE 8.69%. These figures provide context only and are not a buy or sell signal.

Indian Renewable Energy Development Agency Ltd. has a market capitalisation of Rs 30901.54 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 15.86x, P/B at 2.21x 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. Additional supplied metrics include EPS of Rs 7, book value per share of Rs 50.28, dividend yield of 1.22%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 14.33x, median ROE of 3.68%, median ROCE of 6.17%. 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 15.86x
Benchmark Median P/E 14.33x
Benchmark Average P/E 37.93x
Benchmark P/E Range 0x to 761.33x
Company P/B Ratio 2.21x
Benchmark Median P/B 0.99x
Company ROE 15.58%
Benchmark Median ROE 3.68%
Company ROCE 8.69%
Benchmark Median ROCE 6.17%
Company Market Capitalisation Rs 30,901.54 crore
Benchmark Median Market Cap Rs 54.87 crore

Indian Renewable Energy Development Agency Ltd. (IRED) is classified under sector: Finance and industry: Finance – NBFC.

Indian Renewable Energy Development Agency Ltd. (IRED) has a P/E ratio of 15.86x, which is above the benchmark median of 14.33x, a difference of +10.68%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Indian Renewable Energy Development Agency Ltd. (IRED) has a ROE of 15.58%, which is above the benchmark median of 3.68%, a difference of +323.37%. Indian Renewable Energy Development Agency Ltd. (IRED) has a ROCE of 8.69%, which is above the benchmark median of 6.17%, a difference of +40.84%.

Track stocks falling to yearly lows through the Univest 52-week-low screener. The peer table below provides the company-level comparison.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
Manappuram Finance Ltd. MANAPPURAM 29,997.7 20.75 1.87 7.11 8.35
Tata Investment Corporation Ltd. TATAINVEST 34,455.4 79.21 1.16 1.44 1.57
IIFL Finance Ltd. IIFL 26,347.1 12.83 1.86 13.97 11.11
Poonawalla Fincorp Ltd. POONAWALLA 41,546.79 53.47 3.24 5.95 7.55
CreditAccess Grameen Ltd. CREDITACC 21,786.33 17.89 2.62 10.59 9.98

Indian Renewable Energy Development Agency Ltd. (IRED) has a P/E ratio of 15.86x compared with the displayed peer median of 20.75x. 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 30,901.54 crore. Among the 5 peers shown, 2 have a larger market capitalisation.

Why Investors Are Watching IRED

  • IRED Share Price is trading close to its 52-week low, which keeps price action under scrutiny.
  • The stock’s P/E of 15.86 and P/B of 2.21 provide a clear valuation reference against NBFC peers.
  • ROE of 15.58 and ROCE of 8.69 show profitability metrics that remain relevant for fundamental analysis.
  • Market capitalisation of Rs 30,901.54 crore makes IRED a sizeable finance name in the listed universe.
  • The stock’s latest move fits broader Stocks at 52 Week Low screens that market participants often follow on Univest.

About Indian Renewable Energy Development Agency Ltd.

Indian Renewable Energy Development Agency Ltd. is an NBFC focused on financing renewable energy and related infrastructure. The company sits in the Finance sector and the Finance – NBFC industry, which means its business model is tied to credit appraisal, lending and project financing rather than product manufacturing. From the supplied numbers, the company remains large, with a market capitalisation of Rs 30,901.54 crore and revenue of Rs 22,494.5 crore in Jun 26. Net profit for the same quarter stands at Rs 3,385.3 crore, showing that the business continues to generate meaningful earnings. Book value is Rs 50.28 and EPS is Rs 7, both of which help frame the current IRED Share Price in relation to the company’s accounting base and earnings power. For readers following IRED Company News, the name is important not just because of today’s price move, but because it operates in a sector where valuation, capital strength and profitability are watched closely by market participants and by Univest analysts.

Track IRED Share Price on Univest

Use Indian Renewable Energy Development Agency Ltd. (IRED) live share-price page, Univest 52-week-low screener, Univest market blogs to review live stock data, yearly-low lists and related market analysis.

You can track IRED Share Price on Univest with live price updates, technical indicators, fundamental ratios, shareholding pattern insights, 52-week levels and broader market context. Univest also helps readers compare IRED Stock Analysis with sector peers, making it easier to review IRED Share Price Today, valuation trends and market structure in one place. If you follow IRED Latest News or IRED Share News, Univest keeps the company on a single, data-led screen for fast 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 IRED Share Price falling today?

Ans. IRED Share Price is down 1.44% to Rs 109.4, but the supplied data does not establish a company-specific catalyst. The move is best read as price action near a 52-week low with turnover of Rs 2.9 crore.

What is the current IRED Share Price?

Ans. IRED Share Price is Rs 109.4. It compares with a previous close of Rs 111, a day open of Rs 110 and a day range of Rs 110.6 to Rs 109.3, keeping the stock near its yearly low zone.

Is IRED trading near its 52-week low?

Ans. Yes. IRED Share Price is trading close to its 52-week low, which is why the stock is drawing attention from investors tracking weak price action, support zones and broader stocks in news screens.

What does IRED’s valuation look like?

Ans. IRED trades at a P/E of 15.86 and a P/B of 2.21. The P/E is slightly above the same-industry median, while the P/B is well above the benchmark median of 0.99.

How strong are IRED’s profitability metrics?

Ans. IRED reports ROE of 15.58 and ROCE of 8.69. Both are above the same-industry benchmark medians, which gives IRED Share Price some support from a fundamental analysis perspective. ROE stands at 15.58%.

What do EPS, book value and dividend yield show for IRED?

Ans. IRED’s EPS is Rs 7, book value is Rs 50.28 and dividend yield is 1.22%. These figures help investors judge earnings, accounting net worth and historical income context behind IRED Share Price.

How does IRED compare with NBFC peers?

Ans. Compared with peers, IRED’s market cap of Rs 30,901.54 crore is sizeable. Its P/E is below Tata Investment Corporation and Manappuram Finance, while ROE is ahead of several listed finance names.

What does the sector benchmark say about IRED?

Ans. In the same-industry benchmark of 283 companies, IRED’s P/E, ROE and ROCE sit above the medians. That shows the stock is being judged within a broad and varied NBFC universe.

What should investors monitor next for IRED Share Price?

Ans. Investors should monitor whether IRED Share Price stabilises near support, how it trades against the 50 DMA of Rs 114.97 and whether the valuation gap versus peers narrows or widens.

What is IRED Stock News focused on right now?

Ans. IRED Stock News is focused on the near 52-week low, the day’s 1.44% decline, and the valuation and profitability context around a large NBFC with Rs 30,901.54 crore market capitalisation.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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