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Indian Renewable Energy Development Agency Ltd. (IREDA): IREDA Share Price Rises 2.14% as Market Cap Stays Above Rs 31,575 Cr

10 Sept 202611:27 am

Indian Renewable Energy Development Agency Ltd. (IREDA): IREDA Share Price Rises 2.14% as Market Cap Stays Above Rs 31,575 Cr
Indian Renewable Energy Development Agency Ltd. (IREDA) share price rose to Rs 114.3 today, up 2.14% from the previous close. Market cap was Rs 31,575.76 crore.

IREDA Share Price is trading higher today at Rs 114.30, up 2.14% from the previous close, with market capitalisation at Rs 31,575.76 Cr. The latest Univest data confirms the price rise, but it does not establish a company-specific catalyst, so the move should be read as market action rather than a named event. For investors scanning IREDA Share Price Today, the key context is that the stock is moving within a Finance NBFC universe where valuation and capital efficiency matter. The latest numbers also frame IREDA Stock News as a stock specific price event supported by a visible gap between the day’s opening level and the intraday high. Univest tracks such moves because they often matter for short-term market attention even when no fresh trigger is verified.

IREDA Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 114.3
Previous Close Rs 111.9
Today's Move Rs 2.4 (+2.14%)
Open Rs 112.45
High Rs 114.35
Low Rs 111.95
Turnover Rs 1.51 crore
Market Capitalisation Rs 31,575.76 crore
Market Cap Category Large Cap

Indian Renewable Energy Development Agency Ltd. (IREDA) rose to Rs 114.3 from the previous close of Rs 111.9, a move of Rs 2.4 or 2.14%. The stock opened at Rs 112.45, reached a high of Rs 114.35, recorded a low of Rs 111.95.

IREDA Share Price Today reflects a measured intraday rise rather than a sharp gap move. The stock opened at Rs 112.45, traded between Rs 111.95 and Rs 114.35, and was last at Rs 114.30. That leaves the day’s gain at Rs 2.40, or 2.14%, versus the previous close of Rs 111.90. Turnover stood at Rs 1.51 Cr, which helps frame the extent of market participation without changing the fact pattern: IREDA is among the stocks in news today because the share price rise is clear on the tape. For readers following IREDA Share Price Live, the data shows a stable upward move within a tight range, which is enough to explain why the stock is drawing attention in the Indian stock market this morning.

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

Metric Value
Market Capitalisation Rs 31,575.76 crore
P/E Ratio 15.99x
P/B Ratio 2.23x
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 Ltd. (IREDA) fundamental metrics show P/E 15.99x, P/B 2.23x, 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 31575.76 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 15.99x, P/B at 2.23x 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 20.54x, median ROE of 3.64%, median ROCE of 6.29%. 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 15.99x
Benchmark Median P/E 20.54x
Benchmark Average P/E 50.06x
Benchmark P/E Range 0.49x to 848.51x
Company P/B Ratio 2.23x
Benchmark Median P/B 1.03x
Company ROE 15.58%
Benchmark Median ROE 3.64%
Company ROCE 8.69%
Benchmark Median ROCE 6.29%
Company Market Capitalisation Rs 31,575.76 crore
Benchmark Median Market Cap Rs 55.2 crore

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

Indian Renewable Energy Development Agency Ltd. (IREDA) has a P/E ratio of 15.99x, which is below the benchmark median of 20.54x, a difference of -22.15%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Indian Renewable Energy Development Agency Ltd. (IREDA) has a ROE of 15.58%, which is above the benchmark median of 3.64%, a difference of +328.02%. Indian Renewable Energy Development Agency Ltd. (IREDA) has a ROCE of 8.69%, which is above the benchmark median of 6.29%, a difference of +38.16%.

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 6,56,838.18 31.89 5.45 18.54 10.87
Shriram Finance Ltd. SHRIRAMFIN 2,42,345.54 21.4 2.22 16.36 11.49
Cholamandalam Investment and Finance Company Ltd. CHOLAFIN 1,55,858.5 27.16 4.88 19.51 9.7
JIO Financial Services Ltd. JIOFIN 1,54,183.36 73.81 1.1 1.23 2.11
Bajaj Holdings & Investment Ltd. BAJAJHLDNG 1,23,041.65 13.94 1.68 14.41 14.81

Indian Renewable Energy Development Agency Ltd. (IREDA) has a P/E ratio of 15.99x compared with the displayed peer median of 27.16x. This is a relative valuation comparison, not a buy or sell 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 31,575.76 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Why Investors Are Watching IREDA

  • IREDA Share Price is up 2.14% today, and the move is visible in the intraday range between Rs 111.95 and Rs 114.35.
  • The stock is trading at Rs 114.30, which keeps IREDA Share Price Today active in market screens and share price update searches.
  • Fundamentals remain a key reason for attention: P/E is 15.99, P/B is 2.23, ROE is 15.58% and ROCE is 8.69%.
  • Its market capitalisation of Rs 31,575.76 Cr makes it a meaningful name in Finance NBFC coverage on Univest.
  • Peer comparison keeps IREDA in focus because its valuation sits below several larger NBFC names while return ratios remain competitive.

About IREDA

Indian Renewable Energy Development Agency Ltd. is a Finance NBFC focused on financing renewable energy and related infrastructure activity. The company sits in the Finance sector and the Finance – NBFC industry, which means investors typically evaluate it through lending economics, asset quality, capital allocation and long-term financing demand. IREDA Share Price often attracts attention because the business is linked to a policy-sensitive and capital-intensive area of the market where funding access and execution discipline matter.

The company’s listed profile gives a simple picture of scale and positioning. With market capitalisation at Rs 31,575.76 Cr, IREDA is a sizeable listed finance name. Its published earnings and book metrics, including EPS of Rs 7 and book value of Rs 50.28, help investors place the stock within the broader NBFC set. The dividend yield of 1.21% adds a further reference point for total-return oriented readers, while the current valuation remains a central part of IREDA Stock Analysis.

Frequently Asked Questions

What is IREDA Share Price today?

Ans. IREDA Share Price is Rs 114.30, up 2.14% from the previous close. The move keeps the stock active in market updates and makes IREDA Share Price Today a closely watched search term.

Why is IREDA rising today?

Ans. The latest Univest data confirms a 2.14% rise, but it does not establish a company-specific catalyst. The stock is moving on visible price action, which is enough to draw attention in the Indian stock market.

What is IREDA’s market capitalisation?

Ans. IREDA’s market capitalisation is Rs 31,575.76 Cr. That places it well above the benchmark industry median and average, which helps explain why IREDA Share Price is followed closely by market participants.

How is IREDA valued versus its peers?

Ans. IREDA trades at a P/E of 15.99 and a P/B of 2.23. Compared with several NBFC peers, the earnings multiple is moderate, while return ratios and scale keep it relevant in peer comparison.

What do IREDA’s EPS and book value show?

Ans. EPS is Rs 7 and book value is Rs 50.28. EPS shows earnings attributable to each share, while book value shows accounting net worth per share, both useful for IREDA Share Price analysis.

Is IREDA expensive or inexpensive in its sector?

Ans. IREDA’s P/E of 15.99 is below the benchmark median of 20.54 and the average of 50.06. Its P/B of 2.23 is above the benchmark median, so the picture is mixed rather than simple.

How does IREDA compare on return ratios?

Ans. IREDA’s ROE is 15.58% and ROCE is 8.69%. Both sit above the sector benchmark median, which helps explain why investors continue to monitor IREDA Share Price and IREDA Stock News.

What should investors watch next in IREDA Stock News?

Ans. Investors can monitor whether the share price holds above the previous close, how valuation compares with NBFC peers, and whether fresh company news alters the current fundamentals behind IREDA Share Price.

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.

Investors tracking IREDA Share Price on Univest can follow live share price movement, fundamental ratios, 52-week levels, market insights and company updates in one place. Univest also helps readers compare IREDA Stock News with other finance names, so the stock can be viewed alongside sector context, valuation and company performance without adding noise.

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).

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