Based on the power trading exchange and the Indian electronic infrastructure, Indian Energy Exchange Limited (IEX) is a business. The goals are set, for example, Indian Energy Exchange Limited (IEX), a business founded on the exchange for power trading and the Indian electronic system. The IEX share price targets, like the one for 2024, are set in stone. Only when there is a notion or forecast about the share price in the future can share price objectives be established; consequently, the company also makes a future prediction about the share price of IEX.Since the targets for share prices are set annually, it is not possible to make predictions every year due to the time and effort required. Instead, the company makes predictions every five years, as seen in IEX share price prediction 2025, which covers the next five years, or until 2030. A further IEX share price future prediction, the IEX share price projection 2030, will be produced in 2030. This cycle will repeat every five years after that. Remarkably, IEX is one of the two power exchanges that are now in operation in all of India. IEX commenced its activities on June 27, 2008.The company's primary focus is power trading throughout India, and it has developed an electronic platform for the power market. Due to its size and ability to operate on a broad scale, this organization includes a variety of power producers and traders in addition to providing open access to consumers, whether they be industrial or commercial.
Important Points regarding IEX:-
The IEX corporation earned rupees 88.33 crores from net profit after tax in the most recent quarter, which ran from October to December 2023.
Since IEX has established a solid reputation throughout India, it is regarded as a fantastic choice for long-term investments.
As of December 31, 2023, the market value or net worth of the company is roughly Rs 13,108 Cr.
The stock of IEX has increased by 12.55 percent over the past six months and by about 5.18 percent over the past year.
According to a recently released notice from CERC, there has been a minor decrease in the share price, which is around 4.8%.
Months Target price2024Target Price 2025Target Price 2026 IEX share price target 2027January 155.40 163.10 169.55 180.60February 155.45 164.10 169.95 181.65 March 156.50 164.20 170.50 182.70April 157.50 165.20 170.55 182.95May 157.60 165.15 170.70 183.70June 157.75 166.10 171.80 184.80July 158.75 167.20 172.00 184.80August 158.80 167.30 173.30 186.35September 159.90 167.35 175.35 186.35October 160.90 168.40 177.40 187.40November 161.95 168.40 178.40 188.40December 162.30 169.25 180.50 189.50
IEX Finances:-
Total Revenue: 474 crore
Net Income: 305 crore
Market Value/ Net Worth: 13,108 Cr
Book value: 9.56
Face Value: 1.00
Return on Equity (ROE): 39.4 percent
Return on capital employed: 51.8 percent
Compound annual growth rate: 19.1 percent
P/E Ratio: 38.28
Interest coverage Ratio: 159.22 percent
Dividend payout ratio: 48.6 percent
Dividend Yield Ratio: 0.69 percent
Earnings per Share (EPS): 3.84
IEX Shareholding Pattern:-
The Shareholding pattern of the company is being distributed in the following manner:
Retail and Others: 61.66 percent
Mutual Funds: 20.44 percent
Foreign Institutions: 13.37 percent
Other Domestic Institutions: 4.53 percent
IEX Competitors
:
· GVK Power
· SUZLON
· Urja Global
· Indowind Energy
· Tata Power
· NHPC
· Reliance Power
· APS India
· JSW Energy
Conclusion:-
The IEX Company, an Indian energy exchange, is a rapidly expanding business that is turning a sizable profit. It is centered on the national trade of power and is based on the Indian electronic system.Comparably, the share price forecast is also referred to as the "IEX share price future prediction," which is just a forecast that may or may not come true and is made every five years, for example, the IEX share price forecast for 2025 and the IEX share price prediction for 2030. The aims and the predictions are not the same thing, and their values also diverge.
Here are some examples:
