Indian Ren. Energy Stock Price Analysis and Quick Research Report. Is Indian Ren. Energy an attractive stock to invest in?

Around 2% of India's total population invests in financial assets. The mutual fund industry's penetration in India is close to 7% (Based on the number of PAN cardholders). This under penetration offers a huge opportunity for the industry to grow.

Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

Indian Ren. Energy stock price today is Rs 167.26. To understand the functions of the Indian Ren. Energy better, you must go through the following points:

Key Financials –

• Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Indian Ren. Energy is Rs 1252.229 Cr and the compounded growth of profit in the past 3 years is 53.4724485484402 %. The PAT margin of Indian Ren. Energy is 25.2265 %.

• EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Indian Ren. Energy , the EPS grew by 23.1042 % YOY. 

 Financial Ratios –

•  Return on Equity (ROE): Indian Ren. Energy has a average ROE track record. The ROE of Indian Ren. Energy is at 17.2786 % for the latest year.

• P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Indian Ren. Energy is worth at the current levels at Rs 167.26. The stock is trading at a current P/E ratio of 29.1693 and the average historical P/E for the last 5 years was 5.83386.

• P/B ratio can be one of the best metrics to value such companies. Currently, Indian Ren. Energy is trading at a P/B of 3.8297 . The average historical P/B of Indian Ren. Energy for the last 5 years was 0.85348. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

• Share Price: - The current share price of Indian Ren. Energy is Rs 167.26. One can use valuation calculators of ticker to know if Indian Ren. Energy share price is undervalued or overvalued.