Indian Energy Exchange Limited (IEX), is a company that operates on the Indian Electronic System (E-System) and Power Trading Exchange (PTE). The company has fixed targets for its share price. These targets can be set only if there is an idea or prediction about the share price of the company in the future. Therefore, the company is also making predictions about the company’s share price future. Since the company sets targets for its share prices every year, the company cannot make predictions every year because it takes a lot of time and effort. The company’s share price target for 2024 is set by the company, whereas for 2025, the company will make predictions for the next five years up to 2030. In the year 2030, IEX share price target 2030 will make another prediction for the share price of 2030 and this cycle will continue for the following five years. Interestingly, there are two functioning power exchanges in India and one of them is IEX.IEX was incorporated on 27 June 2008 and its core business is trading power all over India. The development of IEX also provides an electronic platform for the power market. Being a large company, IEX operates on a large scale due to which it consists of various power producers, traders and also provides open access to consumers whether they are industrial or commercial.
Important Points regarding IEX:-
In the latest quarter (October to December 2023), the IEX company generated net profit after tax of Rs 88.33 crore.
IEX has earned a good reputation all over India and is considered as a safe long term investment. The company’s market value or net worth is approximately Rs 13,108 crore as on December 31, 2023.
The IEX stock has appreciated 12.55 percent over the past six months and about 5.18 percent over the past one year. According to a notice issued by the CERC, there has been a slight decline in the share price of the company by Rs 4.8 per share.
One of the best business models of the IEX company is providing strong competitive advantage and is safe for long term investment.
The company is debt free and has a healthy interest coverage ratio of Rs 159.22.
In the last 5 years, the company’s profit growth is 19.1 per cent.
Unfortunately, the company’s stock trades at a high price of 15.2 times its book value.
IEX share price target 2026
| Months | Target price2024 | Target Price 2025 | Target Price 2026 | IEX share price target 2027 |
| January | 155.40 | 163.10 | 169.55 | 180.60 |
| February | 155.45 | 164.10 | 169.95 | 181.65 |
| March | 156.50 | 164.20 | 170.50 | 182.70 |
| April | 157.50 | 165.20 | 170.55 | 182.95 |
| May | 157.60 | 165.15 | 170.70 | 183.70 |
| June | 157.75 | 166.10 | 171.80 | 184.80 |
| July | 158.75 | 167.20 | 172.00 | 184.80 |
| August | 158.80 | 167.30 | 173.30 | 186.35 |
| September | 159.90 | 167.35 | 175.35 | 186.35 |
| October | 160.90 | 168.40 | 177.40 | 187.40 |
| November | 161.95 | 168.40 | 178.40 | 188.40 |
| December | 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 Indian Energy Exchange (IEX Company) is one of the fastest-growing companies that is making a lot of money. It is based on the Indian e-commerce system and it focuses on power trading across the country.
The share price prediction of IEX is also known as the IEX Share price future prediction. It is only a prediction that may or may not turn out to be right in the future. The prediction is made every 5 years.
IEX share price future prediction are made every 5 years as well.
These predictions are made based on targets. They are different from each other and their values are also different.
Here are some examples:
IEX Share Price Prediction 2025
IEX Share price Prediction 2030
Read more:-
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