Indian Energy Trading Platform Ltd, or IEX, is a company that uses an electronic platform to trade national power. India Energy Trading Platform Ltd is a platform that automates electricity sales with regard to physical delivery. The Focal Power Administrative Commission (CERC) manages The Indian Energy Trade (IEX) as an electronic exchanging stage for power. The exchange is in charge of developing, running, and broadening the reach of India’s organized power market.
IEX Share Price Target 2024-2030
To conjecture the cost of IEX up to the year 2030, we will utilize an AI approach where the guage information is prepared on the past execution. Indian Energy Trade Ltd, known for its huge presence in the Indian offer market, has shown different patterns throughout the long term. They are a structured power trading market that gives State Electricity Boards (SEBs) and captive and open-access consumers the ability to enter into a variety of contracts with electricity producers.
IEX Share Price Targe Today Update
IEX is a company that operates in the Capital Markets industry and is a part of the Financial Services industry. We will discuss IEX share price targets for 2024, 2025, 2026, and up to 2030 in this in-depth post. We will use a variety of technical analysis methods to forecast goals up to 2030 for long-term forecasts. IEX’s ongoing business sector position, its development direction, and how outside market variables could impact its cost exhibition paving the way to 2030.
About Indian Energy Exchange
The Indian energy exchange, or IEX Company, is one of the fastest-growing businesses that is also making a lot of money. Similarly, the share price prediction, also known as IEX share price future prediction, only makes a prediction, and it might be wrong in the future or it might not be. The predictions are made every five years, for example, IEX share price prediction 2025 and IEX share.
Check Also:-
Borosil Renewables Share Price Target
IEX Business Profile
First power source Company is authorized power spot merchant and managing in REC and ESCERT by Central Electricity Regulatory Commission (‘CERC’). Through this exchange, the electricity market that is open to all players in it allows for lower prices for everyone in the country. It also ensures that business grows more quickly due to lower costs for intermediaries, improved transmission capacities, etc., which should ultimately lead to an increase in production as well.
Market participants
The company has over 7,600 registered participants, 60 of which are distribution companies, over 700 power generating companies, and more than 4,800 open access customers, according to the information provided by IEX.
IEX Product
Day Ahead Market (DAM) –One day prior to electricity delivery, IEX lets its players transact electricity in 15-minute blocks. Purchasers and dealers present their offers by electronic means and Iex coordinates offers by a twofold sided closeout component with a uniform market clearing cost.
Green – Day Ahead Market –On a daily basis, the Green Day Ahead Market permits anonymous, closed, bidding-only collective auctions of renewable energy for both buyers and sellers in categories like hydropower, solar power, and non-solar electricity.
Term Ahead Market (TAM) – The term “TAM” refers to the number of days that can pass before the market value is determined. It allows its participants to purchase power immediately (through intraday agreements), in advance (through Day-Ahead contracts), or even daily (through daily contracts with a maximum of seven days’ duration).
Renewable Energy certificate (Rec) – The recreational market makes it easier to trade environmental traits. As a trade-off for the green characteristics of their age, Sustainable power (RE) generator might decide on RECs. They use this location to sell RECs.
Energy Saving certificates (Eserts)- In the Perform, Accomplish, Exchange Plan made by the Department of Energy Effectiveness, ESCerts (Energy Reserve funds Authentications) are exchanged to assist with empowering huge, energy concentrated enterprises to chop down their power interest.
Looking to The Future IEX SHARE
Because the company is a monopoly, there is a chance that it will make more money in the future. The business can also reap good benefits in the future due to the construction of power in India. The only position in Power Digital is still held by the company. This business, which is India’s best trading platform and will grow even more in the future, has the potential to become a multi-bagger in the future.
IEX Fundamental Analysis
The company’s results appear to be very promising at the moment when we examine its fundamentals. Deals are expanding persistently consistently. Additionally, the profit continues to rise. The company does not have any debt and has a PE of 54. The company has the potential to perform better in the future if its business model is examined. and can enrich its investors.
IEX Financial & Fundamentals
Market Cap | ₹ 14,165 Cr. |
Current Price | ₹ 159 |
High / Low | ₹ 173 / ₹ 116 |
Stock P/E | 43.0 |
Book Value | ₹ 9.56 |
Dividend Yield | 0.63 % |
ROCE | 51.8 % |
ROE | 39.4 % |
Face Value | ₹ 1.00 |
Debt to equity | 0.01 |
Debt Capacity | 0.15 |
Debt preceding year | ₹ 10.0 Cr. |
Debt | ₹ 12.1 Cr. |
Reserves | ₹ 764 Cr. |
EPS | ₹ 3.69 |
EPS last year | ₹ 3.28 |
Pledged percentage | 0.00 % |
FCF Prev Ann | ₹ 777 Cr. |
EVEBITDA | 30.4 |
Industry PE | 51.9 |
PEG Ratio | 2.25 |
Piotroski score | 4.00 |
Earnings yield | 3.15 |
Check Also:-
Asian Paints Share Price Target
Quarterly Results
Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | |
Sales | 90 | 109 | 114 | 112 | 98 | 95 | 100 | 107 | 104 | 109 | 115 |
Expenses | 14 | 13 | 16 | 17 | 17 | 16 | 17 | 14 | 22 | 16 | 15 |
Operating Profit | 77 | 96 | 98 | 95 | 81 | 79 | 83 | 93 | 82 | 92 | 100 |
OPM % | 85% | 88% | 86% | 85% | 82% | 83% | 83% | 87% | 78% | 85% | 87% |
Other Income | 12 | 12 | 12 | 16 | 15 | 19 | 17 | 23 | 23 | 24 | 26 |
Interest | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Depreciation | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 |
Profit before tax | 84 | 103 | 106 | 107 | 91 | 92 | 95 | 110 | 99 | 111 | 120 |
Tax % | 24% | 24% | 25% | 24% | 25% | 24% | 25% | 25% | 25% | 25% | 25% |
Net Profit | 64 | 78 | 80 | 81 | 69 | 70 | 71 | 83 | 74 | 83 | 89 |
EPS in Rs | 0.71 | 0.87 | 0.89 | 0.90 | 0.76 | 0.78 | 0.79 | 0.93 | 0.83 | 0.93 | 1.00 |
IEX CAGR Report
Metric | 10 Years | 5 Years | 3 Years | TTM |
Compounded Sales Growth | 11% | 12% | 16% | 7% |
Compounded Profit Growth | 15% | 19% | 20% | 13% |
Stock Price CAGR | – | 24% | 9% | 1% |
Return on Equity | 43% | 44% | 44% | 39% |
IEX Breakup Revenue
IEX controls 94.2% of the market as a rule, with its piece of the pie in the DAM and RTM coming to 99.9% each. There were probably two energy trading exchanges in India, IEX and PXIL, and IEX controlled the majority of the market. Be that as it may, the third and latest power trade, HPX, laid out in 2022 with advertisers, for example, BSE, PTC India and ICICI Bank, the last option began procedure on 06 July 2022.
- DAM – 48%
- Green – 3%
- RTM – 28%
- TAM – 14%
- Certificates – 7%
Shareholding Pattern
Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | |
FIIS | 15.79% | 15.49% | 17.88% | 17.28% | 14.12% | 13.37% | 10.89% |
DIIS | 22.39% | 21.73% | 21.53% | 21.11% | 22.61% | 26.34% | 27.24% |
Public | 61.54% | 62.49% | 60.32% | 61.33% | 62.98% | 60.01% | 61.57% |
Others | 0.27% | 0.27% | 0.28% | 0.28% | 0.28% | 0.28% | 0.28% |
No. of Shareholders | 17,13,913 | 17,12,825 | 16,30,991 | 16,32,597 | 16,01,518 | 15,18,597 | 15,98,631 |
IEX Share Price Target 2024-2030 Forecast
Year | IEX Share Price Target |
2024 | ₹200 |
2025 | ₹230 |
2026 | ₹250 |
2027 | ₹275 |
2028 | ₹300 |
2029 | ₹340 |
2030 | ₹375 |
IEX Share Price Target 2025
Months | Target Price 2025 |
January | 210 |
February | 195 |
March | 180 |
April | 185 |
May | 193 |
June | 197 |
July | 200 |
August | 210 |
September | 217 |
October | 213 |
November | 220 |
December | 230 |
IEX Share Price Target 2026
Months | Target Price 2026 |
January | 235 |
February | 228 |
March | 220 |
April | 223 |
May | 230 |
June | 225 |
July | 233 |
August | 237 |
September | 240 |
October | 245 |
November | 247 |
December | 250 |
IEX Share Price Target 2027
Months | Target Price 2025 |
January | 260 |
February | 255 |
March | 250 |
April | 253 |
May | 257 |
June | 260 |
July | 264 |
August | 268 |
September | 265 |
October | 270 |
November | 273 |
December | 275 |
Check Also:-
Jupiter Wagons Share Price Target
IEX Share Price Target 2028
Months | Target Price 2025 |
January | 285 |
February | 275 |
March | 260 |
April | 265 |
May | 271 |
June | 277 |
July | 284 |
August | 290 |
September | 287 |
October | 293 |
November | 295 |
December | 300 |
IEX Share Price Target 2029
Months | Target Price 2025 |
January | 310 |
February | 299 |
March | 290 |
April | 297 |
May | 308 |
June | 315 |
July | 323 |
August | 327 |
September | 335 |
October | 333 |
November | 337 |
December | 340 |
IEX Share Price Target 2030
Months | Target Price 2025 |
January | 350 |
February | 335 |
March | 324 |
April | 330 |
May | 338 |
June | 345 |
July | 355 |
August | 363 |
September | 370 |
October | 368 |
November | 372 |
December | 375 |
Final Words
The goals are set in stone, like Indian Energy Exchange limited (IEX), a company based on the power trading exchange and Indian electronic system. The objectives of offer costs can be possibly set on the off chance that there is some thought or forecast in regards to the offer cost in the future thus IEX Offer cost future expectation is likewise being made by the organization.
Stay Updated with the Latest News and Trends
Discover the latest in tech, exams, Sarkari results, and more with our platform. We bring you fresh updates and expert insights to keep you informed and ahead. Join us today and stay on top of the most important developments!