Indian Renewable Energy Development Agency Ltd
NSE:IREDA
Relative Value
The Relative Value of one IREDA stock under the Base Case scenario is 237.28 INR. Compared to the current market price of 167.55 INR, Indian Renewable Energy Development Agency Ltd is Undervalued by 29%.
Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.