IEX is a company operating on E-System and PTE. The company has a fixed share price target. The target can only be set if there is a forecast or an idea about the company's share price in the near future. That's why the company is making predictions about its future share price. Because the company sets its share price targets on an annual basis, the company can't make predictions on an annual basis as it takes too much time and resources. The company's 2024 share price target is fixed by the company whereas 2025 share price target will be made by the company for the next 5 years to 2030.The IEX share price target 2030 will give another prediction of the 2030 share price and this cycle continues for the next 5 years. It is interesting to note that in India, there are 2 functioning power exchanges. IEX is one of them.
IEX was established on June 27, 2008. Its main purpose is to trade power across India. The growth of IEX is also based on the development of the electronic platform for power market.
Since IEX is a big company, it has a large number of power producers and traders. It also offers open access to the consumers whether it is for industrial or commercial purposes.
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 2024
IEX share Price target 2025
IEX share price target 2026Months Target price2024Target Price 2025Target 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 162.30 169.25 180.50 189.50IEX 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 Company (IEX) is one of India's fastest-growing companies and one of the most profitable companies. The company is based on India's e-commerce system. The company is focused on power trading in India.
The IEX share price forecast is also called as the IEX share price future forecast. The share price forecast is only a prediction and may turn out to be wrong in the future.
The company's share price forecast is made on a yearly basis. The company's stock price forecast is also made on a 5-yearly basis.
The Indian Energy Exchange share price future prediction is also made on an annual basis. The company's share price future predictions are made on the basis of targets. The targets are different and the values are also different.
Here are some examples:
IEX Share Price Prediction 2025IEX Share price Prediction 2030
