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Indian Energy Exchange Ltd

(IEX)

₹225.411.17%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 9 analysts

BUY

66.67%

Buy

0.00%

Hold

33.33%

Sell

Based on 9 analysts offering long term price targets for Indian Energy Exchange Ltd. An average target of ₹192.78

Source: S&P Global Market Intelligence

Indian Energy Exchange Ltd Share analysis

Indian Energy Exchange Ltd price forecast by 9 analysts

Downside of-15.47%

High

₹262

Target

₹192.78

Low

₹128

Indian Energy Exchange Ltd target price ₹192.78, a slight downside of -15.47% compared to current price of ₹225.41. According to 9 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹221.57
    ₹230.29
  • 52 Week's Low

    52 Week's High

    ₹121.35
    ₹230.29
1 Month Return+ 16.17 %
3 Month Return+ 25.83 %
1 Year Return+ 71.48 %
Previous Close₹228.07
Open₹228.25
Volume1.31Cr
Upper Circuit-
Lower Circuit-
Market Cap₹20,336.84Cr

Key Statistics

P/E Ratio54.69
PEG Ratio80.43
Market Cap₹20,336.84 Cr
P/B Ratio12.81
EPS3.94
Dividend Yield1.86
SectorFinancial Services
ROE39.41

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹20,336.84 Cr93.52%0.51₹350 Cr₹449 Cr
BUY₹28,142.67 Cr54.81%0.91₹1,117 Cr₹3,421 Cr
BUY₹22,305.96 Cr44.59%0.57₹350 Cr₹1,136 Cr
HOLD₹31,436.74 Cr286.19%0.51₹419 Cr₹812 Cr
BUY₹29,616.21 Cr107.78%0.52₹83 Cr₹683 Cr

Company Information

The Indian Energy Exchange (IEX) is India's premier energy trading platform, operating in the power sector. Founded in 2008, IEX provides an automated platform for the trading of electricity and is headquartered in New Delhi. It is registered under the Company Identification Number (CIN) L74999DL2007PLC277039. IEX offers various products and services, including day-ahead markets, term-ahead markets, real-time markets, and renewable energy certificates, facilitating efficient power trading across India.

The exchange has played a pivotal role in the evolution of the Indian power market, promoting transparency and competition. Notably, IEX is the first and largest energy exchange in India, contributing significantly to optimizing energy distribution in the country. While it does not have a parent company, IEX is a publicly listed entity, continually expanding its market offerings to include new trading segments like gas trading through its subsidiary, the Indian Gas Exchange (IGX).

Share Price: ₹225.41 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹20,336.84Cr as of today
Revenue: ₹123.56Cr as on June 2024 (Q2 24)
Net Profit: ₹96.44Cr as on June 2024 (Q2 24)
Listing date: 23 Oct, 2017
Chairperson Name: Satyanarayan Goel
OrganisationIndian Energy Exchange Ltd
Headquarters
IndustryFinancial Services
E-voting on sharesClick here to vote

Key events for Indian Energy Exchange Ltd

  • IEX Hits 52-Week High Amid Positive Brokerage Outlook - 19 Sep, 2024

    IEX shares reached a 52-week high of Rs 230.10, closing at Rs 225.17. Brokerages Antique and UBS raised price targets, citing growth prospects in renewable energy and market momentum. IEX reported a 27% increase in net profit for June 2024 quarter, signaling strong performance.

  • IEX Target Price Raised Amid Strong Volume Growth - 12 Sep, 2024

    Antique Stock Broking has raised the target price for Indian Energy Exchange (IEX) to Rs 262, highlighting strong volume growth and reduced coupling risks. The stock reached a 52-week high, reflecting positive market sentiment and robust performance metrics.

  • IEX Reports Strong Volume Growth in August - 06 Sep, 2024

    Indian Energy Exchange (IEX) achieved a 36% increase in total trade volume in August 2024, driven by strong performance in electricity and renewable certificates. The company expects continued growth, with improved earnings visibility and a positive medium-term outlook.

  • IEX Reports Strong Q1 Growth and Market Optimism - 05 Sep, 2024

    Indian Energy Exchange Ltd (IEX) shows robust performance with a 19.23% revenue increase and a 25.67% rise in profit for Q1 FY25. The stock reached a 52-week high, driven by strong power demand and positive earnings outlook.

  • IEX Reports Strong Volume Growth and Profit Increase - 04 Sep, 2024

    Indian Energy Exchange (IEX) reported a total volume of 12,040 MU in August 2024, a 35.8% YoY increase. The company also saw a significant rise in net profit and shares approached a 52-week high.

  • IEX Reports Strong Profit and Trade Volume Growth - 03 Sep, 2024

    Indian Energy Exchange Ltd reported a 27% increase in net profit for the June quarter, reaching Rs 96.44 crore. Additionally, August trade volume surged 35.8% YoY to 12,040 million units, driven by renewable energy certificates.

  • IEX Subsidiary ICX to Issue Renewable Energy Certificates - 02 Sep, 2024

    Indian Energy Exchange's subsidiary, ICX, has entered an agreement to issue international renewable energy certificates in India. IEX reported a 27% YoY rise in net profit.

Insights on Indian Energy Exchange Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, IEX stock has moved up by 5.3%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 20.92% to 24.23% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 10.90% to 11.67% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 128.99 Cr → 158.05 Cr (in ₹), with an average increase of 5.0% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Multi Commodity Exchange of India Ltd has given 237.7% return, outperforming this stock by 166.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, BSE Ltd has given 909.5% return, outperforming this stock by 892.0%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 96.69 Cr → 96.44 Cr (in ₹), with an average decrease of 0.3% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 61.57% to 56.79% in Jun 2024 quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹104.04Cr (-)₹108.53Cr (↑4.32%)₹115.30Cr (↑6.24%)₹121.28Cr (↑5.19%)₹123.56Cr (↑1.88%)
Net Income₹75.83Cr (-)₹86.46Cr (↑14.02%)₹91.81Cr (↑6.19%)₹96.69Cr (↑5.32%)₹96.44Cr (↓0.26%)
Net Profit Margin72.89% (-)79.66% (↑9.29%)79.63% (↓0.04%)79.72% (↑0.11%)78.05% (↓2.09%)
Value in ₹ crore
Details2021202220232024
Total Assets₹929.42Cr (-)₹1,697.42Cr (↑82.63%)₹1,444.70Cr (↓14.89%)₹1,754.86Cr (↑21.47%)
Total Liabilities₹398.02Cr (-)₹995.45Cr (↑150.10%)₹660.23Cr (↓33.68%)₹806.67Cr (↑22.18%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹127.87Cr (-)₹304.36Cr (↑138.02%)₹787.72Cr (↑158.81%)-₹22.49Cr (↓102.86%)₹300.15Cr (↓1,434.59%)

Index Inclusions

Nifty Smallcap 50

₹9,235.35

-1.15 (-107.9%)

S&P BSE Fin. Ser

₹11,877.81

0.14 (16.28%)

S&P BSE SmallCap Select

₹8,423.77

-0.69 (-58.56%)

Nifty Smallcap 250

₹18,270.40

-1.11 (-205.4%)

Nifty 500

₹23,853.95

-0.19 (-44.7%)

Nifty Small 100

₹19,144.85

-1.26 (-244.9%)

S&P BSE 250 SmallCap

₹7,399.09

-1.01 (-75.19%)

DFRGRI Indices

₹1,564.83

0.31 (4.76%)

S&P BSE 400 MidSmallCap

₹12,769.65

-0.61 (-78.92%)

Nifty MidSmallcap 400

₹20,684.65

-0.73 (-152.4%)

BSE Small-Cap

₹56,312.66

-1.06 (-603.27%)

BSE 500

₹37,616.67

-0.14 (-51.62%)

S&P BSE AllCap

₹11,001.59

-0.22 (-24.68%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
11.67%
7.07
Mutual Funds
24.23%
15.83
Retail Investors
56.79%
-7.76
Others
7.31%
10.54

Key Indicators

Details20202021202220232024
Return On Equity %46.846.3349.0539.3839.41
Details20202021202220232024
Return On Assets %26.2322.1718.2221.1719.99
Details20202021202220232024
Book Value Per Share (₹)4.255.767.698.8110.75
Details20202021202220232024
Earning Per Share (₹)1.962.293.443.433.94

Indian Energy Exchange Ltd Valuation

Indian Energy Exchange Ltd in the last 5 years

  • Overview

  • Trends

Lowest (21.43x)

September 30, 2019

Today (54.69x)

September 18, 2024

Industry (99.14x)

September 18, 2024

Highest (101.69x)

December 10, 2021

LowHigh

Earnings and Dividends

  • Indian Energy Exchange Ltd Earnings Results

    Indian Energy Exchange Ltd’s net profit jumped 27.18% since last year same period to ₹96.44Cr in the Q1 2024-2025. On a quarterly growth basis, Indian Energy Exchange Ltd has generated -0.26% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Indian Energy Exchange Ltd Dividends May,2024

    In the quarter ending March 2024, Indian Energy Exchange Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.53%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Indian Energy Exchange Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Indian Energy Exchange Ltd shares.

Indian Energy Exchange Ltd (IEX) share price today is ₹225.41

Indian Energy Exchange Ltd is listed on NSE

Indian Energy Exchange Ltd is listed on BSE

  • Today’s highest price of Indian Energy Exchange Ltd is ₹230.29.
  • Today’s lowest price of Indian Energy Exchange Ltd is ₹221.57.

PE Ratio of Indian Energy Exchange Ltd is 54.69

PE ratio = Indian Energy Exchange Ltd Market price per share / Indian Energy Exchange Ltd Earnings per share

Today’s traded volume of Indian Energy Exchange Ltd(IEX) is 1.31Cr.

Today’s market capitalisation of Indian Energy Exchange Ltd(IEX) is ₹20336.84Cr.

Indian Energy Exchange Ltd(IEXPrice
52 Week High
₹230.29
52 Week Low
₹121.35

Indian Energy Exchange Ltd(IEX) share price is ₹225.41. It is down -2.12% from its 52 Week High price of ₹230.29

Indian Energy Exchange Ltd(IEX) share price is ₹225.41. It is up 85.75% from its 52 Week Low price of ₹121.35

Indian Energy Exchange Ltd(IEXReturns
1 Day Returns
-2.66%
1 Month Returns
16.17%
3 Month Returns
25.83%
1 Year Returns
71.48%