IREDA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.0
| Stock Code | IREDA | Market Cap | 33,135 Cr. | Current Price | 118 ₹ | High / Low | 187 ₹ |
| Stock P/E | 17.6 | Book Value | 46.0 ₹ | Dividend Yield | 0.00 % | ROCE | 9.37 % |
| ROE | 18.0 % | Face Value | 10.0 ₹ | DMA 50 | 126 ₹ | DMA 200 | 144 ₹ |
| Chg in FII Hold | 0.15 % | Chg in DII Hold | -0.06 % | PAT Qtr | 585 Cr. | PAT Prev Qtr | 549 Cr. |
| RSI | 43.8 | MACD | -3.38 | Volume | 82,31,744 | Avg Vol 1Wk | 92,60,879 |
| Low price | 112 ₹ | High price | 187 ₹ | PEG Ratio | 0.45 | Debt to equity | 5.41 |
| 52w Index | 8.29 % | Qtr Profit Var | 37.5 % | EPS | 6.78 ₹ | Industry PE | 18.0 |
📉 Analysis: IREDA is trading at 118 ₹, below its 50 DMA (126 ₹) and 200 DMA (144 ₹), showing medium-term weakness. RSI at 43.8 is neutral, while MACD at -3.38 indicates bearish momentum. Volume (82 lakh) is below weekly average (92 lakh), suggesting weaker intraday participation. Price action is near support (112 – 115 ₹), offering scope for a short-term bounce but with limited conviction.
💰 Optimal Buy Price: 116 – 118 ₹ (near support zone)
🎯 Profit Exit Levels: 122 ₹ (minor resistance), 126 ₹ (next resistance)
🛑 Stop-Loss: 112 ₹ (support breach)
📊 If Already Holding: Consider exiting intraday near 122 – 126 ₹ if momentum indicators flatten. If price fails to hold above 116 ₹ with weak volume, exit early to protect capital.
✅ Positive
- Quarterly PAT improved from 549 Cr. to 585 Cr. (+37.5%).
- ROE at 18% indicates strong shareholder returns.
- PEG ratio of 0.45 highlights attractive growth-adjusted valuation.
⚠️ Limitation
- High debt-to-equity ratio (5.41) raises financial risk.
- ROCE at 9.37% reflects modest capital efficiency.
- Price trading below DMA levels shows weak medium-term trend.
📰 Company Negative News
- DII holdings decreased (-0.06%), showing reduced domestic institutional confidence.
🌟 Company Positive News
- FII holdings increased (+0.15%), providing foreign investor support.
- Quarterly PAT growth (+37.5%) highlights earnings momentum.
🏭 Industry
- Industry PE at 18.0 is similar to IREDA’s 17.6, suggesting fair valuation.
- Renewable energy finance sector remains growth-oriented, with investor focus on clean energy adoption and government policy support.
📌 Conclusion
Intraday setup for IREDA is moderately weak with bearish momentum and low volume despite strong fundamentals. Aggressive traders may attempt entries near 116 – 118 ₹ with stop-loss at 112 ₹, targeting 122 – 126 ₹. Conservative traders should avoid intraday trades until momentum indicators strengthen and price action confirms reversal. Medium-term outlook remains positive given strong PAT growth and ROE despite high leverage.
Selva, since IREDA is a renewable energy financing PSU, do you want me to prepare a peer benchmarking overlay comparing it with PFC, REC, and NHPC? That would highlight relative strength and rotation opportunities for compounding setups.