Recent Price Movement and Market Context
On 5 December 2025, Indian Renewable Energy Development Agency’s share price touched an intraday low of Rs.133, representing a fall of 2.74% on the day. This decline contributed to a seven-day consecutive downward run, during which the stock recorded a cumulative return of -7.2%. The day’s closing price also underperformed its sector by 2.16%, indicating relative weakness within the finance sector.
The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This positioning suggests a sustained bearish momentum in the short to long term. In contrast, the broader market, represented by the Sensex, showed resilience on the same day. After an initial negative opening, the Sensex recovered to close at 85,390.62 points, a gain of 0.15%, and remains within 0.9% of its 52-week high of 86,159.02. The Sensex’s 50-day moving average remains above its 200-day moving average, signalling a generally bullish market environment.
Long-Term Performance Comparison
Over the past year, Indian Renewable Energy Development Agency’s stock has recorded a return of -39.58%, a stark contrast to the Sensex’s positive return of 4.44% during the same period. The stock’s 52-week high was Rs.234.35, highlighting the extent of the decline from its peak. This underperformance extends beyond the last year, with the stock also lagging behind the BSE500 index over the last three years, one year, and three months.
From struggle to strength! This Small Cap from Textile - Machinery is showing early turnaround signals that look promising. Position yourself now for explosive growth potential ahead!
- - Early turnaround signals
- - Explosive growth potential
- - Textile - Machinery recovery play
Position for Explosive Growth →
Shareholding and Market Interest
Despite the company’s considerable size within the finance sector, domestic mutual funds hold a relatively small stake of just 0.77%. Given that domestic mutual funds typically conduct thorough research on companies, this limited holding may reflect a cautious stance towards the stock’s current valuation or business outlook. This factor contributes to the subdued market interest and may be a component in the stock’s recent price behaviour.
Financial Metrics and Growth Trends
Indian Renewable Energy Development Agency has demonstrated robust long-term growth in its core financial metrics. Net sales have expanded at an annual compound growth rate (CAGR) of 33.10%, while operating profits have grown at a CAGR of 36.14%. These figures indicate a strong underlying business performance despite the stock’s price challenges.
In the most recent quarterly results for September 2025, the company reported net sales of Rs.2,057.28 crore, the highest quarterly figure recorded to date. Profit after tax (PAT) for the quarter stood at Rs.549.33 crore, reflecting a growth rate of 40.7% compared to the average of the previous four quarters. Additionally, the debt-to-equity ratio at the half-year mark was recorded at 5.41 times, the lowest level observed, signalling a gradual improvement in the company’s leverage position.
Valuation and Profitability Indicators
The company’s return on equity (ROE) is reported at 13.3%, which is considered attractive within its sector. The stock is trading at a price-to-book value of 3, which is lower than the historical average valuations of its peers, suggesting a valuation discount. The price-to-earnings-to-growth (PEG) ratio stands at 0.8, reflecting the relationship between the company’s earnings growth and its current market price.
Why settle for Indian Renewable Energy Development Agency ? SwitchER evaluates this Finance mid-cap against peers, other sectors, and market caps to find you superior investment opportunities!
- - Comprehensive evaluation done
- - Superior opportunities identified
- - Smart switching enabled
Summary of Current Market Position
Indian Renewable Energy Development Agency’s stock has experienced a notable decline to its 52-week low of Rs.133, reflecting a period of sustained price weakness. While the broader market and sector indices have shown resilience, the stock’s performance remains subdued relative to these benchmarks. The company’s financial results indicate strong sales and profit growth, alongside improving leverage metrics and attractive profitability ratios. However, the limited stake held by domestic mutual funds and the stock’s position below key moving averages highlight ongoing market caution.
Investors and market participants observing Indian Renewable Energy Development Agency will note the divergence between the company’s fundamental growth indicators and its current market valuation, as well as the stock’s recent price trajectory.
Get 1 year of Weekly Picks FREE when you subscribe to MojoOne. Offer ends soon. Start Saving Now →
