Why is Indian Renewable Energy Development Agency Ltd ?
1
Stock is technically in a Bearish range
- The technical trend has deteriorated from Mildly Bearish on 08-Apr-25
- Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
2
With ROE of 16.4, it has a Expensive valuation with a 4.4 Price to Book Value
- Over the past year, while the stock has generated a return of -7.36%, its profits have risen by 45%
3
Despite the size of the company, domestic mutual funds hold only 1.12% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Finance/NBFC)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Indian Renewable for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Indian Renewable
-7.18%
-0.14
51.02%
SENSEX
0.45%
0.03
14.48%
Valuation Key Factors 
Factor
Value
P/E Ratio
27
Industry P/E
20
Price to Book Value
4.36
EV to EBIT
16.14
EV to EBITDA
16.04
EV to Capital Employed
1.50
EV to Sales
15.12
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
8.62%
ROE (Latest)
16.43%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
16What is working for the Company
NET SALES(Q)
Highest at Rs 1,698.45 cr
PBDIT(Q)
Highest at Rs 1,579.89 cr.
PAT(Q)
Highest at Rs 425.38 cr.
PBT LESS OI(Q)
Highest at Rs 537.67 cr.
EPS(Q)
Highest at Rs 1.58
-2What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Indian Renewable
Net Sales - Quarterly
Highest at Rs 1,698.45 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 1,579.89 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term Operating Profit trend is quite positive
Operating Profit (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 425.38 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 537.67 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 1.58
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)