REC Ltd (with P/E of 7.71), and Power Finance Corporation (with P/E of 4.79), as per the RHP. Also Read: IREDA IPO: GMP, price, lot size, other details of upcoming IPO.
Check experts' recommendations A financial institution with over 36 years of experience, IREDA develops, promotes, and provides financial support for new and renewable energy (RE) projects as well as energy efficiency and conservation (EEC) projects. "Exciting news! Mint is now on WhatsApp Channels. Read more on livemint.com