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IREDAIndian Renewable Energy Development Agency Limited

Financial Services · Credit Services · NSE · as of 2026-07-21 (delayed ~30 min in market hours)

121.20
0.52%
30Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)34,295.10
P/E18.39
P/B2.49
PEG
ROE %13.60
ROCE %3.50
Debt / Equity5.66
EPS6.64
Revenue Growth %7.20
Profit Growth %-5.90
Dividend Yield %0.49
Promoter Holding %71.76
FII Holding %4.25
DII Holding %
Beta1.42

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on IREDA — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 68%

Why avoid

  • Overall evidence is weak (AlgoScore 30/100)
  • Revenue growth: 7.2% YoY
  • Profit growth: -5.9% YoY
  • RSI: 41
  • MACD: bearish

Bull case

  • Promoter holding: 71.8%
  • Valuation vs sector: P/E 18.4 vs sector 22.8
  • Volatility: 30% annualized
  • Liquidity: ₹50.7 cr avg turnover

Bear case

  • Revenue growth: 7.2% YoY
  • Profit growth: -5.9% YoY
  • RSI: 41
  • MACD: bearish

Key risks

  • Weak fundamentals — technical strength may not sustain
  • Momentum is fading versus the broader market
  • Revenue growth: 7.2% YoY
  • Profit growth: -5.9% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹121.20
Stop Loss
₹118.60
risk 2.1%
Target 1 (1.5R)
₹125.10
+3.2%
Target 2 (3R)
₹128.99
+6.4%
Support (20d)
₹119.80
Resistance (52w)
₹162.49
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹2.60/share
ATR (volatility)
₹2.64
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹2.64). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
35
Technical
20
Momentum
13
Risk (safety)
66

Peers — Financial Services

ANANDRATHI 0.45%
77
MONARCH 0.59%
75
UYFINCORP 0.47%
75
M&MFIN 7.78%
74
APTUS 1.75%
74
SHAREINDIA 2.62%
74

About

Indian Renewable Energy Development Agency Limited, a non-banking financial company, provides financial products and services in the renewable energy and energy efficiency sectors in India. The company promotes, develops, and extends financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation; and environmental technologies for sustainable development. It also generates solar, wind, hydro, biomass, biofuels, and waste to energy power. The company was incorporated in 1987 and is based in New Delhi, India.