
Indian Renewable Energy Development Agency Ltd. (IREDA): IREDA Share Price Rises 2.2% as India Renewable Energy Development Agency Ltd. Trades Higher Today
Updated: 13 Oct 2026 • 10:03 am
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IREDA Share Price is trading at Rs 106.8 after a 2.2% rise today, and its market capitalisation stands at Rs 29,272.19 Cr. Indian Renewable Energy Development Agency Ltd. moved above its previous close of Rs 104.5 after opening at Rs 104.95 and touching a high of Rs 106.85 and a low of Rs 104.75. According to Univest data, the price event is confirmed, but no company-specific catalyst is established. That makes IREDA Share Price relevant for investors tracking India’s renewable-finance theme, especially because the move is visible without a stated trigger. In this IREDA Share Price update, the key question is what the price action says, how the fundamentals compare, and where the stock sits in the Finance – NBFC universe.
The latest Univest figures show that IREDA Share Price is also a stock news event for today’s market update, not a conclusion about the next move. Investors following IREDA Share Price Today can use the current levels alongside valuation, profitability and sector context to understand whether the move is broadly in line with listed NBFC peers.
IREDA Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 106.8 |
| Previous Close | Rs 104.5 |
| Today's Move | Rs 2.3 (+2.2%) |
| Open | Rs 104.95 |
| High | Rs 106.85 |
| Low | Rs 104.75 |
| Market Capitalisation | Rs 29,272.19 crore |
| Market Cap Category | Large Cap |
Indian Renewable Energy Development Agency Ltd. (IREDA) rose to Rs 106.8 from the previous close of Rs 104.5, a move of Rs 2.3 or 2.2%. The stock opened at Rs 104.95, reached a high of Rs 106.85, recorded a low of Rs 104.75.
IREDA Share Price moved higher by Rs 2.3 from the previous close, or 2.2%, with the stock last traded at Rs 106.8. The day opened at Rs 104.95, moved between Rs 104.75 and Rs 106.85, and stayed close to the upper end of that range. The move is straightforward: IREDA Share Price is higher today, and the price action shows a modest intraday rise rather than a broad price breakout narrative.
For readers tracking IREDA Share Price Live, the most important facts are the current price, the previous close and the day range. IREDA Share Price Today also remains relevant because the stock’s market cap keeps it in the upper end of the Finance space. According to latest Univest data, no company-specific catalyst is established, so the market move should be read as a verified price rise rather than a reasoned event. That is the cleanest way to interpret IREDA Share Price News right now, before moving into the underlying business and valuation picture.
Indian Renewable Energy Development Agency Ltd. (IREDA) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 29,272.19 crore |
| P/E Ratio | 14.93x |
| P/B Ratio | 2.08x |
| ROE | 15.58% |
| ROCE | 8.69% |
| EPS | Rs 7 |
| Book Value Per Share | Rs 50.28 |
| Dividend Yield | 1.29% |
Indian Renewable Energy Development Agency Ltd. (IREDA) fundamental metrics show P/E 14.93x, P/B 2.08x, 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 29,272.19 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 14.93x, P/B at 2.08x 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 1.29%, 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 20.6x, median ROE of 3.68%, median ROCE of 5.85%. Taken together, they outline the fundamentals rather than a view on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Finance |
| Industry | Finance – NBFC |
| Benchmark Scope | same industry |
| Company P/E Ratio | 14.93x |
| Benchmark Median P/E | 20.6x |
| Benchmark Average P/E | 48.59x |
| Benchmark P/E Range | 0.46x to 761.53x |
| Company P/B Ratio | 2.08x |
| Benchmark Median P/B | 0.99x |
| Company ROE | 15.58% |
| Benchmark Median ROE | 3.68% |
| Company ROCE | 8.69% |
| Benchmark Median ROCE | 5.85% |
| Company Market Capitalisation | Rs 29,272.19 crore |
| Benchmark Median Market Cap | Rs 49.42 crore |
Indian Renewable Energy Development Agency Ltd. (IREDA) operates in the Finance sector, within the Finance – NBFC industry.
Indian Renewable Energy Development Agency Ltd. (IREDA) has a P/E ratio of 14.93x, which is below the benchmark median of 20.6x, a difference of -27.52%. On its own, the P/E gap is a valuation reference point, not a trading call.
Indian Renewable Energy Development Agency Ltd. (IREDA) 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. (IREDA) has a ROCE of 8.69%, which is above the benchmark median of 5.85%, a difference of +48.55%.
Track stocks leading today through the Univest top gainers 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 Ltd. | BAJFINANCE | 5,96,539.81 | 29.46 | 5.03 | 18.54 | 10.87 |
| Shriram Finance Ltd. | SHRIRAMFIN | 2,21,425.47 | 19.3 | 2 | 16.36 | 11.49 |
| JIO Financial Services Ltd. | JIOFIN | 1,41,835.48 | 68.06 | 1.01 | 1.23 | 2.11 |
| Cholamandalam Investment and Finance Company Ltd. | CHOLAFIN | 1,35,864.01 | 23.79 | 4.22 | 19.51 | 9.7 |
| Bajaj Holdings & Investment Ltd. | BAJAJHLDNG | 1,20,196.99 | 13.56 | 1.63 | 14.41 | 14.81 |
Indian Renewable Energy Development Agency Ltd. (IREDA) has a P/E ratio of 14.93x compared with the displayed peer median of 23.79x. This peer read is a relative benchmark rather than a trading signal. 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 Ltd. (IREDA) has a market capitalisation of Rs 29,272.19 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching IREDA
- IREDA Share Price is up 2.2% today and is trading at Rs 106.8, with the move confirmed by Univest data.
- IREDA Share Price sits with a P/E of 14.93, which is below the industry median of 20.6 in the same industry benchmark.
- IREDA Share Price has ROE of 15.58% and ROCE of 8.69%, both above the industry medians in Finance – NBFC.
- IREDA Share Price carries a market cap of Rs 29,272.19 Cr, larger than the benchmark industry median company size.
- IREDA Share Price compares differently with peers on P/E, P/B, ROE and ROCE, making it a useful stock analysis case.
About Indian Renewable Energy Development Agency Ltd.
Indian Renewable Energy Development Agency Ltd. operates in Finance – NBFC and sits within the broader Finance sector. IREDA Share Price reflects a business tied to renewable-energy financing, and the company profile matters because lending and project finance shape how the stock is understood in the market. IREDA Stock News is often read alongside the company’s role in funding renewable energy and related infrastructure, which places it in a distinct niche within the Indian stock market.
As a finance company, IREDA’s business context is best followed through IREDA Financial Results, company overview details and valuation ratios rather than through broad market commentary alone. IREDA Share Price Today therefore connects to the company’s financing role, its market cap, earnings base and return ratios. Univest tracks these details because they help readers separate the daily share price rise from the underlying business context. For IREDA Stock Analysis, that combination of sector role and financial metrics is more useful than any one-day price move.
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 is Rs 106.8 today, up 2.2% from the previous close of Rs 104.5. The stock also traded between Rs 104.75 and Rs 106.85 during the day.
Why is IREDA Share Price rising today?
Ans. According to Univest data, IREDA Share Price is rising today, but no company-specific catalyst is established. The move is confirmed by the price change, open, high, low and previous close.
What is the market capitalisation of IREDA?
Ans. IREDA Share Price is linked to a market capitalisation of Rs 29,272.19 Cr. That makes the company much larger than the industry median market cap in the same benchmark set.
How does IREDA Share Price look on valuation?
Ans. IREDA Share Price carries a P/E ratio of 14.93 and a P/B ratio of 2.08. In the same industry benchmark, that P/E is below the median, while the P/B sits above the median.
What do IREDA’s ROE and ROCE show?
Ans. IREDA Share Price is supported by ROE of 15.58% and ROCE of 8.69%. Both figures are above the same-industry medians, which helps frame the stock’s fundamental context today.
What are IREDA EPS and book value?
Ans. IREDA Share Price sits with EPS of Rs 7 and book value of Rs 50.28. EPS reflects earnings per share, while book value shows the accounting net worth behind each share.
Does IREDA pay a dividend?
Ans. IREDA Share Price has a dividend yield of 1.29%. This is a historical or current payout measure, so it helps investors compare income context with the present share price.
How does IREDA compare with NBFC peers?
Ans. IREDA Share Price has a lower market cap than peers such as Bajaj Finance, Shriram Finance and Cholamandalam, while its P/E is below several of those peers and its ROE is above some others.
Track IREDA Share Price on Univest
Use Indian Renewable Energy Development Agency Ltd. (IREDA) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Track IREDA Share Price on Univest for live share price, valuation ratios, 52-week levels and market insights in one place. IREDA Share Price Today can be followed alongside IREDA Stock News, IREDA Latest News and IREDA Share Price Update content without needing to piece together separate sources. Univest keeps the focus on the facts that matter most: current price, fundamentals, sector context and peer comparison.
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