Indian Renewable Share Price

IND Renewable Energy Limited, together with its subsidiaries, is engaged in the generation of solar power, including rooftop solar projects, in India. The company is focused on setting up a 2.5 megawatts (MW) Solar PV System at Vasai District, Palgar, Maharashtra. It also explores various opportunities for investments in conventional and non-conventional power projects. The IND Renewable Energy share priceon the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around the IND Renewable Energy price often mirrors shifts in solar power demand, government policies, and investor views on the renewable energy sector’s growth prospects. Factors such as project execution timelines, regulatory changes, and competitive intensity influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the IND Renewable Energy stock price movements.

IND Renewable Energy live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of IND Renewable Energy live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the IND Renewable Energy share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identifypossible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

IND Renewable Energy Limited Company Fundamentals

A. Company Background

IND Renewable Energy Limited is an Indian solar power generation company engaged in the business of generating solar power, including rooftop solar projects. It was originally incorporated as Vakharia Power Infrastructure Limited on September 9, 2011, under the Companies Act, 1956. The company has its registered office at 67 Regent Chambers, 208 Nariman Point, Mumbai, Maharashtra, India. The company changed its name to IND Renewable Energy Limited following a Scheme of Arrangement with Everlon Synthetics Limited. IND Renewable Energy is principally engaged in the business of rooftop solar plants and is currently holding investments and other assets and liabilities of the investment business undertaking transferred to it under the Scheme of Arrangement. Apart from this, the company is exploring various opportunities for investments in conventional and non-conventional power projects. The company’s key project includes a 2.5 MW Solar PV System at Vasai District, Palgar, Maharashtra. It operates within India’s growing renewable energy industry, driven by government initiatives such as the National Solar Mission, increasing demand for clean energy, and favourable regulatory policies.

B. Product Lines

• Solar power generation (ground-mounted solar PV systems)

• Rooftop solar power projects

• Solar photovoltaic (PV) system installation and operation

• Investment in conventional and non-conventional power projects (exploratory)

• Holding of investments and other assets from the transferred investment business undertaking

C. Company Revenue Model

• Primary revenue from the generation and sale of solar power

• Revenue from rooftop solar project operations

• Interest income and other investment income from the investment portfolio

• Income from the transfer of investment business undertaking assets

• Revenue from exploration and development of conventional and non-conventional power projects

D. Geographic Presence

• Registered office and corporate headquarters located in Mumbai, Maharashtra, India

• Key operational project: 2.5 MW Solar PV System at Vasai District, Palgar, Maharashtra

• Focus on domestic solar power generation within India

• Limited international footprint with primary operations concentrated in India

• Delivery model leverages solar PV system installations and power generation assets

E. Key Milestones

• 2011: Incorporated as Vakharia Power Infrastructure Limited on September 9, 2011

• 2020-2021: Name changed to IND Renewable Energy Limited following Scheme of Arrangement with Everlon Synthetics Limited

• 2023: Continued focus on rooftop solar projects and solar PV system operations

• 2024-2025: Maintained operations with minimal revenue generation

• 2025: Reported net loss for the financial year ended March 31, 2025

F. Industry Perspective: Renewable Energy (Solar Power) in India

IND Renewable Energy operates in the global renewable energy sector, specifically the solar power generation industry. Globally, the solar energy market is experiencing exponential growth as a key pillar of the decarbonization transition. In India, the renewable energy sector has witnessed remarkable growth. The India Solar Power Market is valued to increase by USD 1413.3 billion, at a CAGR of 49.5% from 2025 to 2030. The India Renewable Energy Market size in terms of installed base is expected to grow from 237.17 gigawatt in 2025 to 500.23 gigawatt by 2030, at a CAGR of 16.10%. The India Solar Energy Market is expected to register a CAGR of 19.8% during the forecast period from 2025 to 2030. India’s solar market is estimated to be at 79.07 GW by the end of this year and is projected to reach 195.11 GW after five years. The market was worth USD 10.4 billion in 2023. Projections show a 13.4% CAGR from 2024 to 2030 and a USD 24.9 billion market.

IND Renewable Energy Limited Stock Market Presence: Listings & Index Representation

IND Renewable Energy Limited is actively traded on India’s principal equity markets, with its shares listed on the Bombay Stock Exchange (BSE) under the scrip code 536709. The company is not listed on the National Stock Exchange (NSE). The ISIN number of the company’s equity shares is INE138O01029. The face value of the equity shares is ₹10 per share. Its listing on the BSE ensures that the IND Renewable Energy price is accessible to investors. The company forms part of several benchmark indices that represent broad market segments. IND Renewable Energy is included in indices such as the BSE SmallCap and the BSEAllCap. These index participations signal the company’s relevance within market categories. Being represented in these indices enhances the visibility of the IND Renewable Energy stock price. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s renewable energy landscape. The inclusion of IND Renewable Energy in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the stock price to corporate and industry developments.

IND Renewable Energy Limited Stock Performance and Share Price History

The IND Renewable Energy share price has displayed significant volatility over the past decade, shaped by the company’s financial performance, project execution milestones, and broader renewable energy sector cycles. The IND Renewable Energy price delivered a strong positive return of 142.87% in calendar year 2023, reflecting investor optimism around the renewable energy sector. The IND Renewable Energy price followed this with a positive return of 136.50% in 2021, 47.19% in 2017, and an 11.38% CAGR over 5 years. However, the IND Renewable Energy price experienced a negative return of 37.77% in 2024, 31.78% in 2022, 49.14% in 2019, and 49.43% in 2014. Over the 10-year period ending March 2026, the IND Renewable Energy share price has delivered a negative cumulative return, underperforming broader market indices. The IND Renewable Energy share price today reached a 52-week high of ₹17.73 on the BSE and a 52-week low of ₹9.80, indicating a wide trading range and substantial price fluctuations.

The IND Renewable Energy stock price has been particularly responsive to quarterly earnings releases and project announcements. When the company reported a net loss of ₹0.01 crore for the June 2025 quarter, showing an 85.89% year-on-year reduction in loss, the IND Renewable Energy stock price Showed a moderate positive reaction. The IND Renewable Energy share price has shown a pattern of strong positive momentum in years when the renewable energy sector attracted significant investor interest, while periods of weak financial results have contributed to consolidation in the IND Renewable Energy stock price. The IND Renewable Energy share price delivered a 1-year total return of approximately 4.81% as of October 2025, underperforming sector peers like Adani Power which delivered 24.37% over the same period. The IND Renewable Energy share price has shown a YTD return of approximately -6.58% as of April 2026, while the 1-month return was 5.00% and the 3-month return was -16.18%.

The IND Renewable Energy share price has shown a 3-year return of 6.50% and a 5-year return of 11.38% (CAGR). The IND Renewable Energy share price has a 10-year annualized return of approximately -4.6%, reflecting long-term underperformance. Corporate developments, including the company’s focus on its 2.5 MW solar PV project at Vasai District and its exploration of conventional and non-conventional power project opportunities, have influenced short-term fluctuations in the IND Renewable Energy share price. The IND Renewable Energy share price reached its 52-week high of ₹17.73 before declining to its 52-week low of ₹9.80, reflecting the volatility inherent in the small-cap renewable energy space. The IND Renewable Energy share price has shown average weekly volatility of around 5-10% in recent periods. Comprehending these patterns in the IND Renewable Energy share price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the IND Renewable Energy stock price movements illustrate how industry fundamentals, policy cycles, project execution timelines, and investor expectations converge in market pricing.

IND Renewable Energy Limited Investor Relevance and Role in Portfolio

IND Renewable Energy holds a highly speculative position for portfolio investors seeking exposure to the Indian renewable energy sector. The company’s focused business model on solar power generation, including its 2.5 MW solar PV project, aligns it with investment strategies that value clean energy and government policy support. The IND Renewable Energy share priceoften mirrors how these themes resonate with investor portfolios, though the company’s extremely small scale and lack of profitability significantly limit institutional interest.

Institutional stakeholders play a minimal role in IND Renewable Energy’s ownership profile. As of December 2025, total promoters hold only 0.07% of the company. Mutual fund holders of IND Renewable Energy are negligible, with mutual funds holding 0.00% of the company. Foreign Institutional Investors (FIIs) hold 0.00% of the company. Domestic Institutional Investors (DIIs) hold 0.00% of the company. Retail and other shareholders hold approximately 99.93% of the company. The complete lack of institutional holding is a significant red flag, as professional investors have shown no interest in the company.

The beta history for IND Renewable Energy shows variation across different time frames. Based on data from Livemint, the beta for IND Renewable Energy has been recorded at -0.05, suggesting that the stock exhibits negative correlation with broader market movements over the measured interval. The IND Renewable Energy share pricehas shown periods of responsiveness to sector-specific news and policy announcements. The IND Renewable Energy share pricereflects that the company’s extremely small scale, lack of profitability, and minimal promoter holding create substantial risk for investors. The IND Renewable Energy stock priceis thus viewed as a highly speculative instrument with extremely high risk characteristics.

IND Renewable Energy Limited Sectoral Relevance and Peer Positioning

The sector relevance of IND Renewable Energy is anchored in its role within the broader Indian renewable energy and power generation industry, where it competes with other solar power companies. As part of this industry, the company’s strategic positioning connects solar power generation and rooftop solar projects. Competitors in adjacent segments include companies such as Adani Green Energy Limited, Tata Power Solar, Adani Power Limited, NTPC Limited, JSW Energy Limited, and NHPC Limited. However, IND Renewable Energy’s extremely small scale places it in a completely different category from these industry giants. Firms with parallels in solar power generation but larger scale include Azure Power and Mahindra Susten.

In valuation terms, factors like the IND Renewable Energy P/E ratio are not meaningful due to the company’s negative earnings. The IND Renewable Energy P/E ratio stood at -562.50 as of October 2025, reflecting the company’s net loss position. The IND Renewable Energy earnings history over the past decade has shown a pattern of consistent losses. IND Renewable Energy earnings (net profit) have been negative for most years, including FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, and FY2023. The company reported a net loss of approximately ₹0.08 crore for FY2025. The IND Renewable Energy EPS narrative has followed a similar pattern. IND Renewable Energy EPS has been negative for most of the past decade, with EPS of -0.4 in FY2014, -0.3 in FY2015, -0.4 in FY2016, -0.5 in FY2017, -0.4 in FY2018, -0.6 in FY2020, -0.2 in FY2021, -0.2 in FY2022, and 0 in FY2023. The IND Renewable Energy market cap has shown a pattern of extreme fluctuation. IND Renewable Energy market cap increased from approximately ₹55 crore in 2019 to a peak, before declining to approximately ₹15-21 crore in the current period. This directional behaviour in valuation multiples demonstrates how market expectations around growth prospects and earnings durability influence broader assessment of the IND Renewable Energy share pricewithin its industry context. The IND Renewable Energy stock priceremains a highly speculative instrument in the renewable energy segment.

Over the last ten years, IND Renewable Energy market cap has shown a pattern of extreme fluctuation. For several years, the company’s market cap remained at relatively low levels, increasing to a peak of approximately ₹55 crore in 2019. Subsequently, from 2020 through the most recent period, the market cap has shown a declining trend, contracting to approximately ₹15-21 crore. This extreme fluctuation mirrors the volatility in the IND Renewable Energy share priceand the company’s inconsistent financial performance. The current market cap stands at approximately ₹16.57 crore, reflecting the correction from previous levels.

IND Renewable Energy earnings, in terms of net profit, have exhibited a pattern of consistent losses over the past decade. Net profit was negative in FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, and FY2023. A minimal profit of approximately ₹3 crore was recorded in FY2019, but this appears to be an anomaly. The company reported a net loss of approximately ₹0.08 crore for FY2025. This consistent earnings weakness reflects the company’s inability to generate sustainable revenue from its solar power operations and its extremely limited scale of operations.

IND Renewable Energy EPS history over the past decade has shown a pattern of negative values with occasional positive readings. IND Renewable Energy EPS was negative in FY2014 (-0.4), FY2015 (-0.3), FY2016 (-0.4), FY2017 (-0.5), FY2018 (-0.4), FY2020 (-0.6), FY2021 (-0.2), and FY2022 (-0.2). A positive EPS of 0.9 was recorded in FY2019, but this appears anomalous. The most recent EPS has been recorded at 0.0. This negative EPS trajectory reflects the company’s persistent losses and inability to generate consistent per-share profitability.

IND Renewable Energy P/E ratio history has been defined by extreme fluctuations due to inconsistent earnings. For most years when the company reported losses, the P/E ratio was negative or not meaningful. The P/E ratio stood at 19.7 in FY2019, -17.6 in FY2020, -30.6 in FY2021, -44.7 in FY2022, and 7,708.0 in FY2023. The current P/E ratio stands at approximately -562.50 as of October 2025. The P/E ratio is not considered a meaningful valuation metric for the company at this time due to its inconsistent and negative earnings performance.

Summary

IND Renewable Energy is a micro-cap solar power generation company listed on the BSE, where the IND Renewable Energy share pricereflects renewable energy policy cycles, project execution timelines, and speculative trading patterns. The company has extremely limited operations, consistent losses, minimal promoter holding, and no institutional interest. Within the sector, the company’s financial position and operational scale are significantly weaker compared to industry peers.