IEX Share Price Target: Today, in this article, you will read about IEX Share Price Target prediction for this year’s end and the upcoming years 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about Indian Energy Exchange (IEX), and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
IEX Overview :
Indian Energy Exchange Ltd (IEX) is an Indian company. Where the electronic system based power trading exchange regulated by the Central Electricity Regulatory Commission. IEX was founded on June 27, 2008, its headquarters are located in New Delhi, India. IEX provides Trading of electricity, renewable energy certificates, ancillary services. Indian Energy Exchange Ltd has over 3,800 registered clients, over 300 private generators, and more than 3,300 industrial electricity consumers. From the below table you can check their official website and profile.
| Name | Indian Energy Exchange Ltd |
| Industry | Energy |
| Type | Power trading exchange |
| Founded | June 27, 2008 |
| CEO | Mr. Ashish Khanna |
| Headquarters | New Delhi, India |
| Services | Trading of electricity, renewable energy certificates, ancillary services |
| Country | India |
| Website | iexindia.com |
| Profile | Indian_Energy_Exchange |
Shareholding Pattern of IEX:
- Retail and Others. 61.66%
- Mutual Funds. 20.44%
- Foreign Institutions. 13.37%
Fundamentals of IEX:
From the below table we can get to know about fundamentals of Indian Energy Exchange Ltd. The Market cap of IEX is 145.88B, The number of shares outstanding is 889.23M. And Earnings per share is ₹3.68. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | 145.88B |
| Enterprise value | ₹121,284,124,672.00 |
| Shares outstanding | 889.23M |
| P/E ratio | 40.01 |
| Forward P/E ratio | 35.14 |
| Price / Book | 15.04 |
| Book value | ₹9.79 |
| Payout ratio | 27.17% |
| Quick ratio | 1.46 |
| Current ratio | 1.48 |
| Debt / Equity | 1.39 |
| Price / Sales | 28.76 |
| Earnings per share | ₹3.68 |
| Revenue per share | ₹5.69 |
| Total cash per share | ₹11.32 |
| Forward annual dividend rate | ₹1.00 |
| Ex-Dividend date | July 28, 2023 |
| Forward annual dividend yield | 0.68% |
| Five Year Avg Dividend Yield | – |
| Total cash | 10.09B |
| Total debt | 121.48M |
| Total revenue | 5.07B |
| Return on assets | 18.45% |
| Return on equity | 40.28% |
| Gross profit | – |
| Gross margin | 99.77% |
| % Held by insiders | 17.75% |
| % Held by Institutions | 25.61% |
IEX Share Price NSE/BSE:
IEX Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange. Indian Energy Exchange Ltd shares on NSE are currently trading at around 137.65 INR, each as of January 2024. IEX shares on BSE are currently trading at 137.85 INR.
Indian Energy Exchange IPO Details:
| IPO Date | October 9, 2017 to October 11, 2017 |
| Listing Date | October 23, 2017 |
| Face Value | ₹10 per share |
| Price Band | ₹1645 to ₹1650 per share |
| Lot Size | 9 Shares |
| Total Issue Size | 6,065,009 shares (aggregating up to ₹1,000.73 Cr) |
| Offer for Sale | 6,065,009 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
IEX Share Price History:
| Year | Indian Energy Exchange | YOY Chg% | ↑High – ↓Low |
|---|---|---|---|
| 2017 | ₹53.67 | – | ↑ ₹55.00↓ ₹49.67 |
| 2018 | ₹55.27 | 2.9% | ↑ ₹59.33↓ ₹46.73 |
| 2019 | ₹47.60 | -13.9% | ↑ ₹56.65↓ ₹37.35 |
| 2020 | ₹75.97 | 59.6% | ↑ ₹77.55↓ ₹38.67 |
| 2021 | ₹252.80 | 232.7% | ↑ ₹318↓ ₹68.10 |
| 2022 | ₹140.00 | -44.7% | ↑ ₹272↓ ₹129 |
| 2023 | ₹168.00 | 20% | ↑ ₹172↓ ₹116 |
IEX Expected Share Price Target:
| Years | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹140 | ₹200 |
| 2025 | ₹200 | ₹250 |
| 2026 | ₹250 | ₹310 |
| 2027 | ₹310 | ₹370 |
| 2030 | ₹540 | ₹600 |
| 2035 | ₹900 | ₹1000 |
Also Consider Reading: Kotak Mahindra Bank Share Price Target.
IEX Share Price Target 2024:
On the analysis we will get to know the Indian Energy Exchange Ltd share price target by 2024, the minimum price range of 140, and the maximum share price of 200. This range of amounts is based on the strategies of the company.
IEX Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 140 | 200 |
IEX Share Price Target 2025:
The expected share price target for Indian Energy Exchange Ltd (IEX) 2025 is minimum of 200 and for maximum of 250. So if market goes positive we can also expect more returns for Indian Energy Exchange Ltd.
IEX Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 200 | 250 |
IEX Share Price Target 2027:
The expected minimum range of Indian Energy Exchange Ltd (IEX) share price target in 2027 is 310, and the maximum share price target is 370.
IEX Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 310 | 370 |
IEX Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for Indian Energy Exchange Ltd (IEX) shares is 540, and the maximum price range is 600.
IEX Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 540 | 600 |
IEX Share Price Target 2035:
By the year 2035, the expected minimum range of Indian Energy Exchange Ltd (IEX) share price is 900, and the maximum price range is 1,000.
IEX Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 900 | 1,000 |
Conclusion:
I hope you got clarity on the IEX (Indian Energy Exchange) Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
Disclaimer: Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for IEX (Indian Energy Exchange) is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
FAQ:
1. What is the IEX Share Price Target for 2024?
A: The expected price target for IEX in 2024 is 140 to 200 per share.
2. What is the IEX Share Price Target for 2025?
A: The expected price target for IEX in 2025 is 200 to 250 per share.
3. What is the IEX Share Price Target for 2027?
A: The expected price target for IEX in 2027 is 310 to 370 per share.
4. What is the IEX Share Price Target for 2030?
A: The expected price target for IEX in 2030 is 540 to 600 per share.
5. What is the IEX Share Price Target for 2035?
A: The expected price target for IEX in 2035 is 900 to 1000 per share.
6. What is the listing date of IEX Share?
A: The listing date of IEX is 2030.
