IREDA Share Price
Start SIP in IREDA
Start SIPIREDA Performance
Day Range
- Low 218
- High 227
52 Week Range
- Low 50
- High 310
- Open Price224
- Previous Close223
- Volume6733533
Ireda Investment Rating
-
Master Rating:
-
Indian Renewable Energy Development Agency Ltd has an operating revenue of Rs. 5,331.01 Cr. on a trailing 12-month basis. An annual revenue growth of 43% is outstanding, Pre-tax margin of 34% is great, ROE of 14% is good. The stock from a technical standpoint is trading below to its 50DMA and around 20% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 67 which is a FAIR score but needs to improve its earnings, a RS Rating of 89 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 99 indicates it belongs to a poor industry group of Finance-Invest Bnk/Bkrs and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 1,504 | 1,340 | 1,236 | 1,164 | 1,131 | 1,003 |
| Operating Expenses Qtr Cr | 81 | 46 | 61 | 14 | 32 | 54 |
| Operating Profit Qtr Cr | 1,459 | 1,336 | 1,154 | 1,180 | 1,209 | 932 |
| Depreciation Qtr Cr | 9 | 9 | 8 | 7 | 6 | 6 |
| Interest Qtr Cr | 975 | 847 | 760 | 793 | 764 | 638 |
| Tax Qtr Cr | 92 | 142 | 51 | 95 | 145 | 35 |
| Net Profit Qtr Cr | 384 | 337 | 336 | 285 | 295 | 254 |
IREDA Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 4
- Bearish Moving Average
- ___
- 12
- 20 Day
- ₹230.34
- 50 Day
- ₹232.41
- 100 Day
- ₹219.73
- 200 Day
- ₹182.66
- 20 Day
- ₹228.58
- 50 Day
- ₹240.48
- 100 Day
- ₹222.97
- 200 Day
- ₹185.88
IREDA Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 226.23 |
| Second Resistance | 230.81 |
| Third Resistance | 234.92 |
| RSI | 39.87 |
| MFI | 48.32 |
| MACD Single Line | -3.62 |
| MACD | -3.62 |
| Support | |
|---|---|
| First Support | 217.54 |
| Second Support | 213.43 |
| Third Supoort | 208.85 |
IREDA Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 8,534,259 | 291,530,287 | 34.16 |
| Week | 9,003,123 | 374,169,781 | 41.56 |
| 1 Month | 13,952,685 | 440,625,803 | 31.58 |
| 6 Month | 40,221,933 | 1,216,311,253 | 30.24 |
IREDA Result Highlights
IREDA Synopsis
NSE-Finance-Invest Bnk/Bkrs
Indian Renewable is involved in the business activities of Other financial activities. Company’s Total Operating Revenue is Rs. 3481.97 Cr. and Equity Capital is Rs. 2284.60 Cr. for the Year ended 31/03/2023. Indian Renewable Energy Development Agency Ltd. is a Public Limited Listed company incorporated on 11/03/1987 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is U65100DL1987GOI027265 and registration number is 027265.| Market Cap | 59,577 |
| Sales | 5,331 |
| Shares in Float | 67.19 |
| No of funds | 118 |
| Yield |
| Book Value | 6.96 |
| U/D Vol ratio | 0.8 |
| LTDebt / Equity | 194 |
| Alpha | 0.49 |
| Beta | 1.69 |
IREDA Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 |
|---|---|---|---|
| Promoters | 75% | 75% | 75% |
| Mutual Funds | 0.24% | 0.53% | 2.87% |
| Insurance Companies | 0.18% | 0.4% | 1.42% |
| Foreign Portfolio Investors | 2.7% | 1.36% | 1.88% |
| Financial Institutions/ Banks | 0.01% | ||
| Individual Investors | 20.39% | 21.33% | 17.58% |
| Others | 1.49% | 1.38% | 1.24% |
IREDA Management
| Name | Designation |
|---|---|
| Mr. Pradip Kumar Das | Chairman & Managing Director |
| Dr. Bijay Kumar Mohanty | Director - Finance |
| Mr. Shabdsharan Narharibhai Brahmbhatt | Independent Director |
| Dr. Jaganath Chennakeshava Murthy Jodidhar | Independent Director |
| Mr. Ram Nihal Nishad | Independent Director |
| Ms. Rohini Rawat | Independent Director |
| Mr. Ajay Yadav | Government Nominee Director |
| Mr. Padam Lal Negi | Government Nominee Director |
IREDA Forecast
Price Estimates
IREDA Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-10-10 | Quarterly Results | |
| 2024-08-29 | To consider Fund Raising | Rs.0.00 alia, to consider : Raising of funds by way of equity share capital for an amount aggregating of upto Rs. 4500 Crore in one or more tranches through Further Public Offer (FPO) / QIP etc. |
| 2024-07-12 | Quarterly Results | |
| 2024-03-28 | Others | Rs.0.00 alia, to consider and approve Borrowing programme up to Rs. 24,200 Crore for FY 2024-25. |
| 2024-01-20 | Quarterly Results |
About IREDA
IREDA FAQs
What is Share Price of IREDA ?
IREDA share price is ₹221 As on 07 October, 2024 | 04:17
What is the Market Cap of IREDA ?
The Market Cap of IREDA is ₹59577 Cr As on 07 October, 2024 | 04:17
What is the P/E ratio of IREDA ?
The P/E ratio of IREDA is 44.4 As on 07 October, 2024 | 04:17
What is the PB ratio of IREDA ?
The PB ratio of IREDA is 7 As on 07 October, 2024 | 04:17
Is it good time to buy IREDA shares?
Market conditions & renewable energy sector trends should be considered before making investment decisions in IREDA shares.
What are most important metrics that can help to analyze share price of IREDA?
Key metrics include company's loan disbursement growth, renewable energy project approvals, & financial performance.
How can you buy shares from IREDA?
Open Demat account with 5 Paisa Capital & post doing KYC & active account search for IREDA share & put order as you prefer.