Is IREDA Good Stock For Long Term|Fundamental analysis|

If you are also thinking of investing in IRDA company but are confused about its basic principles, then this blog is for you in which you will know Is IREDA Good Stock For Long Term|Fundamental analysis|

Fundamentals Of IREDA

The company’s IPO came only last year, so we don’t have much data available to analyze the company, but still the company is associated with the renewable energy sector, so it has a lot of growth potential.

Is IREDA Good Stock For Long Term|Fundamental analysis|
  • Founded In – 1987
  • CEO – Pradeep Kumar Das
  • PEG RATIO – 0.88
  • PAT Margin – 24.83
  • EPS Growth % – 36.48
  • ROA % – 2.00
  • Face Value – 10
  • Net Profit – 864.63 Cr.
What is the target price of IREDA in 2030?

The company’s IPO came only last year, so we don’t have much data available to analyze the company, but still the company is associated with the renewable energy sector, so it has a lot of growth potential.

The way the share price of IREDA company has increased from ₹ 60 to ₹ 100 within the last one month, then this company will cross the figure of ₹ 500 by the year 2030.

The market of the same company is around Rs 27000 crore which puts it in the category of mid cap company.

Here the promoter has a high stake of 100%, although the company has a debt of Rs 401 billion, so do its fundamental analysis before investing in it.

According to the company management, the company management has set a target of taking the share price above Rs 500 by the year 2030.

Is IREDA a government or private company?

Yes, IREDA Company is a Government Company which was established as a Private Company Limited in 1987 by the Government of India.

This company deals with renewable energy and provides financial facilities.

The Indian government has recently given a lot of encouragement to renewable energy, which will have a positive impact on this stock in the future.

The face value of the same stock is Rs 10, so the chances of its shares getting split in the future are high.

That is why if you are a long term investor then you can invest in it without any hesitation.

Is IREDA a profitable company?

Yes!
IREDA company is a profitable company whose IPO came only last year in 2023.

After this, the company has given a return of 23% in the last one month and 72% in the last 6 months and 3 months, where on December 1, 2023, the company’s share price was trading at Rs 62 and exactly one month later on January 1, 2023. Share price will reach Rs 102 by 2024

Due to which its investors got excellent returns of more than 32% within a month.

This company is quite profitable and good for long term investment.

Is IREDA Good Stock For Long Term|Fundamental analysis|
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What is the share price of IREDA?

The share price of IREDA, which is a company engaged in the field of renewable energy, is currently trading at 102.50 Rupess.

The same company has made 123 Rupees High and ₹ 50 Low in last 52 week.

Now the stock is available to you at some correction, hence a buying opportunity is being created.

So if you are thinking of investing in a company for long term investment then this can be a very useful decision for you.

You are Reading Is IREDA Good Stock For Long Term|Fundamental analysis|

Is IREDA debt free?

No, IREDA, which is a government company and is associated with the field of renewable energy, is not debt free at all.

The company has a debt of more than Rs 401 billion, whose debt to equity ratio is around 7, which is considered quite high in the stock market.

That is why if you are a safe investor and want to keep your investment safe, then before investing in such debt companies, definitely analyze them.

Invest in it after thinking carefully and understanding our analysis

Promoter Holding Patterns in IREDA

The IPO of Ireda Company has been launched recently, hence there is no participation of institutional investors in it yet.

The company is completely 100% owned by the promoters.

There is not much public participation in the same company right now.

You can understand the promoter holdings pattern better with the help of the image given below

Is IREDA Good Stock For Long Term|Fundamental analysis|
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What is the debt to equity ratio of Ireda?

IREDA company may prove to be a bit risky in terms of safe investment as this company has a debt of more than Rs 401 million with a debt to equity ratio of more than 7.

According to market experts, debt equity ratio being more than one is a matter of concern.

That is why before investing in IREDA Company, take further decision about it only after reading and understanding the advice of experts or fundamental analysis or our blog.

I think this will be the better opportunity to Analyze ireda so read this blog Is IREDA Good Stock For Long Term|Fundamental analysis|

Who is the CEO of IREDA?

IREDA Company is a government company established by the Government.

The company was established in the year 1987 by the government and currently Pradeep Kumar Das is its CEO.

Vijay Kumar is the CFO of this company, Basant is the CMD of this company.

Ajay Yadav and Padmalal Negi are part-time directors of this company.

CAGR Return Of IREDA (1year,3Year,5Year)

The IPO of Ireda Company has recently been launched in the market, which is only 5 to 6 months old, so we do not have more than 1 year old data of this company available.

If we talk about these 6 months, the company has given multibag returns of 21% in the last 1 month, 72.6% in the last 3 months and 72.5% in the last 6 months.

As we have already told you that Irada Renwal is an energy related company and the government is giving a lot of encouragement to this sector and this sector is going to show growth in the coming time.

Is IREDA Good Stock For Long Term|Fundamental analysis|
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Conclusion of Is IREDA Good Stock For Long Term|Fundamental analysis|

Talking about the conclusion of Area Company, the company is fundamentally strong but the debt on the company is also very high,

but this company is in the news these days, the effect of which is also visible on its share price.

If you are a short term investor then you can invest in this company and get profits as soon as possible,

but if you are thinking of long term investment then you can invest in this company only after doing fundamental analysis of this company. otherwise this investment can be risky.

If I may give personal advice then this company can be good for your long term investment as government is giving lot of incentives to this sector.

I myself have bought shares in this company for Rs 200 to 250.

I hope This blog Is IREDA Good Stock For Long Term|Fundamental analysis| was very helpful for you.

What is the face value of Ireda IPO?

The face value of Ireda share was 10.

Who are the promoters of Ireda?

ireda is completely hold by Indian government.

Is IREDA a monopoly or not?

The sector that IREDA is in, is clearly a monopoly or rather an oligopoly.

Which ministry is IREDA under?

Government of India Enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE).

How many employees does IREDA have?

ireda have around 175 regular employees and 50 part time employee by 2023.

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