IEX Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040) | IEX Fundamentals, Financial Trends, Businesses, Analysis and more
Electricity is an invaluable part of our life, which we have always needed and will always be. So in this case, it comes to a stock which is related to the energy sector, whose name is IEX. There are many chances of its growth in future, so we are going to talk about it in this blog.
Hey friends, in this post we are going to do a detailed analysis of IEX Share. We will also analyze the fundamentals and financial trends of the company through this post. And at the end we will try to predict IEX Share Price Target after understanding the company properly. So, let’s get started.
About IEX Ltd.
Indian Energy Exchange (IEX) is a leading electricity exchange that operates as a platform for buying and selling electricity in India. IEX was founded in 27 June 2008 and is headquartered in New Delhi. The company allows buyers and merchandisers of electricity to come together and trade in a transparent and systematized manner, which helps to ameliorate the effectiveness of the request and insure that electricity is available at fair and reasonable prices.
The company operates as a spot request, meaning that all deals are settled on the same day that they’re executed. It also operates a forward request, which allows actors to buy and vend electricity for delivery at a future date. IEX is regulated by the Central Electricity Regulatory Commission( CERC) and is honored as an” institution of public significance” by the Government of India. It plays a critical part in the Indian electricity request, easing the trading of over,000 MWh of electricity per day.
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IEX Shareholding Pattern
- Retail and Others have 62.61%
- Mutual funds have 17.69%
- Foreign Institutional Investors have 15.79%
- And Domestic Institutional Investors have 3.91% of IEX share
Shareholding of mutual funds was 15.86% in the September quarter of 2021, which increased to 17.69% in the September quarter of 2022. Similarly, Shareholding of Domestic Institutional Investors increased from 0.01% to 3.91. And increase in the holding of any organization is considered good for the stock, that’s why IEX is doing well.
IEX Financial Trends
If we talk about the Revenue and Profit of IEX Company then –
Its revenue in 2019 has been ₹ 254 Cr and profit is ₹ 165 Cr. There was a revenue of ₹ 257 Cr in 2020 and a profit of ₹ 176 Cr. In the same 2021, there was a profit of ₹ 206 crore with a revenue of ₹ 318 Cr. And this year i.e. in 2022 there has been a higest profit of ₹ 309 Cr with a revenue of ₹ 431 Cr.
|Market Cap||₹12,213 Cr|
|Debt To Equity||0.02|
IEX Share Price Target 2023, 2024, 2025, 2026, 2030, 2040 Table
|Year||Minimum Price||Maximum Price|
|IEX Share Price Target 2023||145||150|
|IEX Share Price Target 2024||170||180|
|IEX Share Price Target 2025||230||250|
|IEX Share Price Target 2026||320||360|
|IEX Share Price Target 2027||520||590|
|IEX Share Price Target 2028||710||755|
|IEX Share Price Target 2029||904||980|
|IEX Share Price Target 2030||1100||1300|
|IEX Share Price Target 2040||2700||3000|
IEX Share Price Target 2023
The Indian Energy Exchange (IEX) has also witnessed an increase in the power and electricity trading volumes due to the rapid growth in the demand for power and electricity in the market over the last few years. Gradually Indian Energy Exchange (IEX) has started trading new energy sources one after the other on its platform. Management says that the IEX Company is also planning to create many more such marketplaces for trading different energy sources in the coming years.
Considering these, IEX Share Price Target 2023 can be INR 145 and second target can goes upto INR 150.
IEX Share Price Target 2024
There are around 7300 registered participants on IEX’s marketplace, and every year new customers are being added to the company’s marketplace. Along with this, to improve its platform, the company is constantly working under partnership with many different companies like GAIL, ONGC, Indian Oil, Adani Gas, Torrent Gas. Because of which the management is fully expecting that new customers will join the company in the coming days.
Considering these, IEX Share Price Target 2024 can be INR 170 and second target can goes upto INR 180.
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IEX Share Price Target 2025
The fundamentals of the IEX are very good which is considered good to pick any stock. The stock P/E ratio is 40 and its profit is also growing very well, so it will be considered as a good P/E. Currently, the company’s ROE is 50.31% and its EPS is 3.44, which is right according to its price.
So, IEX Share Price Target 2025 can be INR 230 and if this target hits by its trend then we will get to see second target of INR 250.
IEX Share Price Target 2030
Debt is a major contributor to the performance of any company. And the best thing about IEX is that it has very less debt of ₹15.6 crores and its debt to equity is 0.02. Currently the book value of the company is 8.41 and now this stock is trading around higest than it. Anyway, Institutions have increased their shareholding in the stock of this company, so we can see a boom in it.
Taking this into account, IEX share price target 2030 can be INR 1100 and another target can be seen of Rs.1300.
For more details about the stock, watch this video
The target price that is being told on the basis of technical analysis and its technical keeps on changing from time to time. That’s why this price target is not accurate, if you invest in it, do it on the basis of your research and never invest due to greed.
I’ve written this article i.e. IEX Share Price Target 2023, 2024, 2025, 2026, 2030, 2040 on the request of you people only, so if you also want to know about any other share, then you can comment. We will definitely discuss about that in the upcoming article. If you have any questions regarding this than you can we will definitely try to reply you best.
What will be the share price of IEX in 2025?
According to our predicted Price, if the company improve its fundamentals and financial then we can get to see share price of IEX Power in 2025 of INR 230 to INR 250.
Is IEX a debt free company?
No, IEX has a debt ₹15.6 crore and its debt to equity ratio is 0.02.
What will be the share price of IEX in 2030?
According to our analysis, share price of IEX Power in 2030 of INR 1100 to INR 1300.
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