Indian Renewable Energy Development Agency Ltd
Indian Renewable | 544026
Stock Performance
Ratios
About Company
- Indian Renewable Energy Development Agency Limited (IREDA) was incorporated on March 11, 1987 as a Public Limited Company and obtained the Certificate of Commencement of Business dated March 21, 1987
- The Company was notified as a Public Financial Institution on October 17, 1995, by the Department of Company Affairs, Ministry of Finance, GoI
- Further, the Reserve Bank of India granted a Certificate of Registration to the Company on January 23, 2008, permitting to carry on the business of Non-Banking Financial Company without accepting public deposits
- IREDA is a pioneering financial institution in the Indian renewable energy sector
- The Company provides financial assistance to renewable energy projects, companies and manufacturers in India for power generation, equipment supply and fuel source projects including wind power, solar power, hydro power, biomass, co-generation and waste to energy as well as energy efficiency and conservation
- The Company provides comprehensive suite of financial products and services includes various fund-based financial products including long-term and short-term project and manufacturing loans, take out financing, bridge loans and bill discounting, and non-fund based assistance, like performance guarantees, letters of comfort, letters of undertaking and refinancing schemes
- The Company is a 'Navratna' Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE)
- IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation with the motto: 'ENERGY FOR EVER'
- The Company was established as an integral part of, and have played a strategic role in, the GoI's initiatives for the promotion and development of the renewable energy sector in India
- It has been involved in the development and implementation of various policies and structural and procedural reforms in the renewable energy sector
Technical Indicators
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Indian Renewable Energy Development Agency Ltd?
The current share price of Indian Renewable Energy Development Agency Ltd (Indian Renewable) is ₹150.71. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the P/E Ratio of Indian Renewable Energy Development Agency Ltd?
The Price-to-Earnings (P/E) ratio of Indian Renewable Energy Development Agency Ltd is 150.71. This indicates how much investors are willing to pay per rupee of earnings, helping assess if the stock is overvalued or undervalued.
What is the 52-week high and low of Indian Renewable Energy Development Agency Ltd?
Indian Renewable Energy Development Agency Ltd has a 52-week high of ₹234.29 and a 52-week low of ₹137.01. This range shows the stock's price volatility over the past year.
What is the Dividend Yield of Indian Renewable Energy Development Agency Ltd?
Indian Renewable Energy Development Agency Ltd offers a dividend yield of 0.00%. This represents the annual dividend payment as a percentage of the current stock price, indicating the income return for investors.
What is the EPS of Indian Renewable Energy Development Agency Ltd?
The Earnings Per Share (EPS) of Indian Renewable Energy Development Agency Ltd is ₹6.13. EPS indicates the company's profitability on a per-share basis and is a key metric for evaluating financial performance.
What is the ROE of Indian Renewable Energy Development Agency Ltd?
Indian Renewable Energy Development Agency Ltd has a Return on Equity (ROE) of 18.05%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
