Indian Renewable Energy Development Agency Limited (IREDA.NS)

The outlook

IREDA is trading near the lower end of its 52-week range and below both its 50- and 200-day moving averages, reflecting a bearish near-term lean. However, the average analyst price target sits about 37% above the current price, suggesting a material gap between current levels and consensus expectations. The stock carries a trailing P/E of 17.9 with thin analyst conviction reflected in the weak overall score.

What’s behind the score

Published targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.