IREDA vs ELECTCAST: Stock Comparison
Head-to-head financial and trading comparison between Indian Renewable Energy Development Agency Limited (IREDA) and Electrosteel Castings Limited (ELECTCAST) in the Cross-Sector Peers sector.
IREDA
NSE: IREDAELECTCAST
NSE: ELECTCASTKey Metrics Comparison Table
| Metric | IREDA | ELECTCAST | Edge / Winner |
|---|---|---|---|
| Current Market Price (CMP) | ₹104.40 | ₹75.18 | — |
| 1-Year Price Return | -19.78% | -4.06% | ELECTCAST (15.72% higher) |
| 52-Week High | ₹140.45 | ₹93.61 | — |
| 52-Week Low | ₹103.80 | ₹69.35 | — |
| 30-Day Annualized Volatility | 27.27% | 38.99% | IREDA (Steadier) |
| 30-Day Average Daily Volume | 4,585,052 | 4,037,081 | IREDA (Higher Liquidity) |
| Statutory Cost to Trade ₹1 Lakh | ₹118.50 | ₹118.50 | Identical statutory tariff |
Frequently Asked Questions
Between IREDA and ELECTCAST, which stock gave better returns over the last year?
ELECTCAST has outperformed IREDA over the past 12 months with a gain of -4.06% compared to -19.78%.
Which stock is less volatile: IREDA or ELECTCAST?
IREDA demonstrated lower price volatility (27.27% annualized) compared to ELECTCAST (38.99%). Lower volatility generally indicates steadier price action during market downturns.
What is the statutory cost to buy ₹1,00,000 of IREDA vs ELECTCAST?
Statutory exchange and government charges (STT, NSE turnover fees, SEBI fee, Stamp duty, and GST) are identical for delivery purchases of equal rupee value across both stocks, totaling approximately ₹118.50 on discount brokers offering zero delivery brokerage (like Zerodha or Dhan).
Are IREDA and ELECTCAST direct sector competitors?
Yes, both companies operate within the Cross-Sector Peers sector in India and are actively tracked as sector peers by institutional and retail market participants.