Indian Energy Exchange Ltd (IEX) is India’s premier energy marketplace founded in 2008. It provides a nationwide automated trading platform for the delivery of electricity, renewable energy, and certificates. The company is regulated by the Central Electricity Regulatory Commission and is publicly listed on the NSE and BSE in India.
IEX has a robust ecosystem and serves 29 states and 5 union territories as well as other commercial and industrial clients. Its share price is ₹142.05, the market cap is ₹12, 710.00 (Cr) and the volume is 5,625,196.
If we look back two years, there was a sideways trend from 2018 to mid-2020. But, in December 2021, it gained momentum and reached close to Rs 250.80. At present, it is performing stable, and no significant trend has been observed for the last two months.
So, it is not a good time to buy or sell the stock of IEX. But, by the end of 2024, it may reach Rs 155.70 to Rs 175.50 based on our experience and forecasting system.
The company reported total revenue of ₹ 484.40 (Cr), and total expenses are ₹ 86.58 (Cr). The net profit margin of 65.8% and a basic EPS of ₹ 3.40 in FY-22.
Indian Energy Exchange Ltd (IEX)- Overview
The financial performance of the Indian Energy Exchange (IEX) has grown steadily in recent years. Some basic information about its stock is mentioned below:
| Company Name | Indian Energy Exchange |
| Type of Industry | Power Trading Exchange |
| Country | India |
| Founded | 2008 |
| Primary Exchange | NSE/BSE |
| Volume | 5,625,196 |
| Market Cap | 12.71TCr |
| Net Income | ₹ 77.22Cr |
| Net Profit Margin | 65.8% |
| Open (Feb-23) | 145.60 |
| Low | 141.45 |
| High | 145.85 |
| Dividend Yield | 1.41% |
| PE Ration | 42.79 |
| EPS | 3.40 |
| Face Value | 1 |
| Debt to Equity | 0.02 |
| Official Website | www.iexindia.com |
How to Buy IEX Shares?
To buy IEX shares, you need to open a trading/Demat account by entering your personal information on the broker’s websites. Once you open your account, you can trade.
- Enter personal information and verify: You must enter your details and upload the required documents in the described format.
- Deposit funds in your account: You have to deposit money in your Demat account.
- Find IEX Shares: Type Indian Energy Exchange on the search bar, and you will find the ticker symbol “IEX.NS”, add it.
- Place Order: Place an order by paying the amount through your Demat account.
- Confirm: Finally, confirm your order, that’s all.
Popular Broker’s Websites:
- HDFC Securities
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IEX Share price target for 2024
In 2024, according to our forecast system, the minimum share price range will be Rs 145.70 to Rs 155.50, and the average price will be Rs 152.70. And at the end of the year, the maximum value of the IEX share can reach Rs 175.50.
| Year | Low | High |
|---|---|---|
| 2024 | Rs 145.70 to Rs 155.50 | Rs 175.50 |
Target price for the year 2025
According to our research and technical analysis, the lowest share price will be between Rs 153.30 and Rs 178.40, while the average price will be Rs 162.10. At the end of the year, the maximum price of IEX shares can reach Rs 205.30.
| Year | Low | High |
|---|---|---|
| 2025 | Rs 153.30 to Rs 178.40 | Rs 205.30. |
IEX Share price target for the year 2026
In 2026, with our experience, research, and forecast system, the minimum share price range will be Rs 163.80 to 192.20, and the average price will be Rs 185.70. At the end of the year, the maximum price of the IEX share can reach Rs 235.30.
| Year | Low | High |
|---|---|---|
| 2026 | Rs 163.80 to Rs 182.20 | Rs 235.30 |
Target price for the year 2028
According to our research and forecast system, the estimated share price range will be in the range of Rs 210.60 to Rs 230.30, and the average price will be Rs 215.80. In the middle of the year, the maximum price of the share can reach Rs 290.40.
| Year | Low | High |
|---|---|---|
| 2028 | Rs 210.60 to Rs 230.30 | Rs 290.40. |
IEX Share Price Target for 2030
In 2030, according to our experience, the minimum share price will be Rs 285.50 to Rs 315.30, and the average price target is Rs 305.90. At the end of the year, the maximum price of the share can reach Rs 385.70.
| Year | Low | High |
|---|---|---|
| 2030 | Rs 285.50 to Rs 315.30 | Rs 385.70 |
Target price for the year 2035
In 2035, according to our research, the expected share price is Rs 535.60 to Rs 685.30, and the average price is Rs 590.50. Whereas at the end of the year, the maximum price of the share can reach Rs 715.20.
| Year | Low | High |
|---|---|---|
| 2035 | Rs 535.60 to Rs 685.30 | Rs 715.20 |
Note: The share price targets are based on our experience and forecast system which may differ from the actual price. Stock prices are driven by a variety of factors but ultimately depend on the supply and demand in the market.
IEX last 5 Years Price History
| Year | Low (₹) | High (₹) |
|---|---|---|
| 2018 | 48.64 | 58.07 |
| 2019 | 40.22 | 54.37 |
| 2020 | 42.65 | 75.97 |
| 2021 | 82.08 | 252.80 |
| 2022 | 235.45 | 140.00 |
| 2023 | 138.65 | 142.05 |
IEX Shares Risk Factors
The share price target is based on our experience and research. It may differ from the actual price of the shares over time.
There may be uncertainties with our predicted target price. Because the industry is highly competitive, the market is always at risk and disrupted by new entrants, laws, and global crises.
FAQs
A: It has a lot of growth potential and can be a good long-term option rather than a short-term one. But once check its current market trends consult your financial advisor.
A: At the end of the year 2025, the maximum price of IEX shares can reach Rs 205.30.
A: The maximum target price of IEX shares is Rs 315.30 to Rs 385.70 by 2030.
Disclaimer: The target price on our website (bankshala.com) is for general information only. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice. Before investing in any company you should do your research and analyze it properly.
