Risk factor
Sufficiently resilient to price shocks
Profitability factor
Favourable analyst view
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. It operates in two segments, Financing and Generation. The company promotes, develops, and extends financial assistance for setting up projects relating to new and renewable sources of energy and energy...
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA,
Target Price
The average target price of IREDA.BO is 176 and suggests 52% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc
