Today, in this article, we will delve into the IEX Share Price Target, a prominent company operating within the energy sector. We will see the IEX Share Price Target 2024, 2025, 2026, 2030 and 2040 respectively. Indian Energy Exchange (IEX) is one of the large companies operating in the energy sector, so let us see the company’s share price forecast in depth.
Indian Energy Exchange (IEX) Overview
The Indian Energy Exchange (IEX) stands as a key institution in India’s energy landscape, playing a vital role in facilitating the trading of electricity and Renewable Energy Certificates (RECs). Established in 2008, IEX has emerged as the country’s largest power exchange, providing a transparent platform for electricity trading.
As India transitions to clean energy sources, IEX has also been instrumental in promoting renewable energy integration through its market mechanisms. The company has a subsidiary company and the name of the company is Indian Gas Exchange (IGE). The company is listed in both the major stock exchanges of India BSE and NSE.
IEX Company has a strong ecosystem of over 7,600 participants located in 28 states and 8 union territories of India including over 60 distribution utilities, over 700 conventional generators and 1,900 RE generators and mandatory units.
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Company Profile
| Name | Details |
|---|---|
| Company Name | Indian Energy Exchange Ltd (IEX) |
| Company Type | Public |
| Traded as | BSE: 540750 NSE: IEX |
| Founded | 2008 |
| Industry | Power Exchange |
| Headquarters | New Delhi, India |
| Products | Electrical Power Energy Exchange |
| Services | Power trading |
| Subsidiaries | Indian Gas Exchange (IGX) |
| Website | www.iexindia.com |
Here we have taken the basic information of the company and now we will see the share price target.
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IEX Share Price Target 2024, 2025, 2026, 2030 & 2040
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹ 195.40 | ₹ 201.30 |
| 2025 | ₹ 216.20 | ₹ 220.20 |
| 2026 | ₹ 249.50 | ₹ 256.40 |
| 2027 | ₹ 292.10 | ₹ 300.70 |
| 2028 | ₹ 335.60 | ₹ 341.40 |
| 2029 | ₹ 372.70 | ₹ 381.10 |
| 2030 | ₹ 420.40 | ₹ 431.30 |
| 2040 | ₹ 910.50 | ₹ 955.40 |
We can see the stock price targets for the years 2024 to 2030 and 2040 in the above table. Now we will see the IEX Share Price Target 2024, IEX Share Price Target 2025, IEX Share Price Target 2026, IEX Share Price Target 2030 and IEX Share Price Target 2040 in details respectively.
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IEX Share Price Target 2024
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹ 195.40 | ₹ 201.30 |
The year 2024 is proving to be very important for the stock market as many stocks are setting their all-time highs in 2024 and among all these stocks people are looking at what the IEX share price target could be in 2024.
According to our research, IEX Share Price Target 2024 can be around 195.40 rupees and second target can be possible around 201.30 rupees.
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IEX Share Price Target 2025
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹ 216.20 | ₹ 220.20 |
India wants to become self-reliant in the energy sector and for this the government often comes up with new schemes. The energy that India used to import has now been exported and due to this, trading companies like IEX can benefit greatly.
From technical analysis, IEX Share Price Target 2025 can be around 216.20 rupees and second target can be around 220.20 rupees possible as per our research and analysis.
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IEX Share Price Target 2026
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹ 249.50 | ₹ 256.40 |
IEX company has already big customer network in India. The company’s network is spread across 28 states and 8 territories in India and has around 4800 commercial and industrial customers. There are only 2 companies working in this sector in India, one of which is IEX Limited.
In the year of 2026, IEX Share Price Target 2026 can be around 249.50 rupees and second target can be around 256.40 rupees.
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IEX Share Price Target 2030
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹ 420.40 | ₹ 431.30 |
Energy sector is a very big sector and there are not many companies working to exchange energy in a transparent manner which can benefit IEX company. In the year 2030, it is being expressed that IEX company can give very good returns.
According to fundamentals analysis, IEX Share Price Target 2030 can be around 420.40 rupees and second target can be around 431.30 rupees.
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IEX Share Price Target 2040
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2040 | ₹ 910.50 | ₹ 955.40 |
Long term prediction of any stock is more difficult. There will be many changes in the coming time and new technology will also come on which IEX company is also working.
In the year of 2040, IEX Share Price Target 2040 can be around 910.50 rupees and second target can be around 955.40 rupees in the year of 2040.
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Indian Energy Exchange (IEX) Fundamentals
| Segment | Details |
|---|---|
| Market Cap | 15,433 Cr |
| P/E Ratio | 44.12 |
| P/B Ratio | 16.18 |
| ROE | 40.16% |
| ROCE | 53.06% |
| Dividend Yield | 1.48% |
| Op. Profit Margin | 106.91% |
| Net Profit Margin | 76.03% |
| Debt to Equity | — |
We have seen the fundamentals of the company, now we will discuss the financial results and share price history and shareholding pattern of the IEX company for a little more analysis.
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IEX Financial Results
For long term investing we need to look at annual results and if you want to invest for short term then you need to look at quarterly results. Here we will look at the annual return keeping in mind the long term investment.
- MAR’22 : In the year 2021/22, IEX Company generated total sales of rupees 425.50 crores out of which net profit was around rupees 302.50 crores.
- MAR’23 : In the year 2022/23, IEX Company generated total sales of rupees 400.10 crores out of which net profit was around rupees 292.70 crores.
- MAR’24 : In the financial year of 2023/24, IEX Company generated total sales of rupees 449.16 crores out of which net profit was around rupees 341.45 crores.
IEX Shareholding Pattern
If we look at the shareholding of IX Company, the largest share in it is found to be Retail Investor, due to which the stock price may fluctuate more. Here there is almost zero percent share with the promoter which can be called a bad news.
IEX Share Price History
IEX Company has an all time high of rupees 318.60 and an all time low of rupees 37.30. IEX Company has given around 40% return in last one year and about 260% return in last 5 years. If we look at the long term graph of the company, it shows a positivity. After the year 2022, due to some reasons, the share price of the company fell down and it has not been seen to go up for some time now.
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Risks and Considerations
The overall sales of the IEX company is good but there is no good growth seen in the total sales, some years it increases and some years it gives very negligible growth. There is also a lot of uncertainty in the company’s share price. The shareholding pattern of the company is also a bit worrisome as it has a high share of retail investors and a negligible share of promoters.
Before investing in IEX company, keep the above mentioned things in mind. Many changes can be seen in the coming time and due to which the share price can also increase or decrease. Before investing one should understand the risk and then invest only in certain amount.
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Conclusion
The Indian Energy Exchange (IEX) shows promising growth prospects as a key player in India’s energy sector, with projected share price targets increasing steadily through 2040. Despite strong fundamentals and a dominant market position in power trading, potential investors should consider risks such as fluctuating stock prices due to high retail investor shareholding. The company’s strategic role in promoting renewable energy integration underscores its relevance in India’s evolving energy landscape. Long-term investors may find IEX appealing for its growth trajectory, though monitoring market dynamics and company performance remains crucial for informed investment decisions.
FAQs
What is the price of IEX stock in 2030?
In the year of 2030, IEX Share Price Target 2030 can be around 420.40 rupees and second target can be around 431.30 rupees.
What is the price target of IEX in 2025?
From our technical analysis, IEX Share Price Target 2025 may be around 216.20 rupees and second target may be around 220.20 rupees possible as per our research and analysis.
What is the price target of IEX in 2040?
In the year of 2040, IEX Share Price Target 2040 can be around 910.50 rupees and second target can be around 955.40 rupees.
Disclaimer: The information and stock targets mentioned in the above article are for education purpose only. We do not advise any kind of investment. Take expert opinion before investing. Read More…..