Suzlon Energy vs IREDA: Which Is A Better Renewable Energy Stock? MCap, Roe, Dividend Comparison

Suzlon Energy vs IREDA: As the crisis in West Asia has turned the spotlight on risks to global oil supply, renewable energy has emerged as the major theme for investors. Suzlon Energy and IREDA are among the top renewable energy stocks that have received heightened investors attention over the past few weeks.

Suzlon Energy stock has delivered close to 34% return in one month, whereas IREDA stock has given close to 24% return in the duration. For investors navigating the renewable energy theme, here's a comparison of the Suzlon and IREDA in terms of share price trend, MCap, return on equity (ROE), business operation, etc.

Suzlon Energy vs IREDA : MCap, RoE

Suzlon Energy's market capitalisation stood at Rs 73,843.12 crore on BSE at 3 pm on Thursday, April 23. Whereas, IREDA stock's market capitalisation stood at Rs 38,697.16 crore. Suzlon Energy stock has a return on equity (ROE) of 79.58%, whereas IREDA stock has an ROE of 20.16%.

Suzlon Energy vs IREDA: Dividend History

For investors hoping for some dividend income, Suzlon Energy and IREDA can be a disappointment. Suzlon Energy has declared only four dividends since February 3, 2006, as per Trendlyne data. The last dividend (Re 1) was declared on July 17, 2008. IREDA declared dividend of Rs 0.6 per share on April 2, 2026.

Suzlon vs IREDA: Share Price Trend

Suzlon Energy share price opened higher at Rs 56.4 per share on Thursday, April 23, but the stock was trading 1.32% lower at Rs 53.84 per share on BSE at 3:10 pm. Suzlon Energy stock has delivered 34.6% return in one month. The stock hit its 52-week high mark of Rs 74.30 per share on May 30, 2025. The stock dipped to its 52-week low mark of Rs 38.17 per share on March 09, 2026.

IREDA share price surged 24.6% in one month. The stock touched its 52-week high mark of Rs 186.55 per share and a 52-week low mark of Rs 108.70 per share on March 30, 2025.

Suzlon Energy vs IREDA: Technical Comparison

Suzlon Energy stock has a durability score of 75, which indicates high financial strength, as per Trendlyne analysis. Suzlon Energy has a valuation score of 42, which indicates an Mid Valuation. Whereas IREDA stock has a durability score of 30, which indicates Low Financial Strength.

Suzlon Energy vs IREDA: Understanding Business Operations

Pune-headquartered Suzlon Energy primarily manufactures wind turbines and is also into installation and maintenance work. Wind sector capex cycle and orders contribute majorly in its revenue generation. IREDA is a Navratna Public Sector Undertaking (PSU) which gives loans to renewable energy projects. The government-backed NBFC earns majorly from interest spreads from its financing.