Neutral impactCorporate Action
Energy stocks dividend leaderboard: Power Grid, NTPC, SJVN, NHPC or IREDA - Which power stock beats the rest on yield?
Mint 1 hr ago·18 Oct 2026, 11:11 am
IREDA, the Renewable Energy Development Agency, has paid a dividend of ₹1.60 per share for the financial year 2023-24. This payout translates to a dividend yield of 1.51%, making it the lowest among the five major power stocks mentioned. While Power Grid and NTPC offer higher yields, IREDA's dividend is still attractive for investors seeking steady income from the renewable energy sector. The company's focus on financing green projects has driven its growth, making it a key player in India's energy transition.
For investors, the lower yield suggests a trade-off between income and growth. IREDA's share price has seen significant appreciation, which may have diluted the dividend yield. Investors should watch the company's project pipeline and government policies on renewable energy, as these will influence future dividends and stock performance. The stock remains a long-term bet on India's green energy push.
Affected stocks
Neutral4 stocks
Indian Renewable Energy Development Agency
IREDA Neutral
₹108.80
NHPC
NHPC Neutral
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NTPC
NTPC Neutral
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SJVN
SJVN Neutral
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Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Indian Renewable Energy Development Agency (IREDA).
- Category: Corporate Action.
- Also mentions NHPC, NTPC, SJVN.
Why it matters
A routine update for Indian Renewable Energy Development Agency. Use the price and stock snapshot to gauge how the market is responding.
