NSE: IEX | BSE: 540750

Strong Performer, Getting Expensive

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206.38 -1.58 (-0.76%)

36.68% Gain from 52W Low

5.6M NSE+BSE Volume

NSE 10 Jul, 2025 3:57 PM (IST)

18,402.8

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Regulatory Stance

IEX rises as the government reportedly is not prioritising market coupling as a major power reform See details

Indian Energy Exchange Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for IEX, BSE:540750 Indian Energy Exchange Ltd.

Indian Energy Exchange Ltd.

24 Jan 2022

206.38

-0.76%

INDIAN ENERGY EXCHANGE LIMITED (IEX) - Q3 FY22 Result Update

Buy: Indian Energy Exchange Ltd.

LKP Securities

of trading in the RECs and ESCerts. Cumulative volumes from RECs and ESCerts in this quarter were 4,072 MUs (RECs 3,574) which provided a boost for the company's growth momentum. While the volumes on traditional products such as DAM and TAM were subdued this quarter due...

Indian Energy Exchan.. has an average target of 214.00 from 3 brokers.

Indian Energy Exchange Ltd.

22 Oct 2021

206.38

-0.76%

INDIAN ENERGY EXCHANGE (IEX) - Q2 FY22 Result Update

Buy: Indian Energy Exchange Ltd.

Target

LKP Securities

INDIAN ENERGY EXCHANGE (IEX) | Power Exchange IEX reported a strong quarter with revenue growing by c.21% sequentially and c.56% over same period previous year. Margin expanded both sequentially by 387 bps and YOY by 790 bps to 86.1% led by lower other expenses and strong operating leverage. Volumes traded on platform continued their growth momentum with volumes growing by almost c.21% sequentially and...

Indian Energy Exchan.. has an average target of 214.00 from 3 brokers.

Indian Energy Exchange Ltd.

24 Jul 2021

206.38

-0.76%

Strong electricity volumes drive profit

Neutral: Indian Energy Exchange Ltd.

Target

Motilal Oswal

The launch of Real-Time Market (RTM) has shaped up well, with the product adding 4.6BUs in 1Q and accounting for 22% of total electricity volumes. With an oversupplied market, new product launches, and strong competitive positioning, we expect market share gains to continue for the company within the Short-Term (ST) Market. However, with the recent runup in stock price, IEX now trades at 39x Sep'23 EPS and prices in this growth. We reiterate our Neutral rating, with revised TP of INR410/sh. Profitability rises on strong volumes...

Indian Energy Exchan.. has an average target of 214.00 from 3 brokers.

Indian Energy Exchange Ltd.

23 Jul 2021

206.38

-0.76%

INDIAN ENERGY EXCHANGE (IEX) .....driven by customer centricity

Buy: Indian Energy Exchange Ltd.

Target

LKP Securities

INDIAN ENERGY EXCHANGE (IEX) | Power Exchange .....driven by customer centricity Another strong quarter for IEX with volume growth of almost 44% mainly driven by competitive power prices, increasing consumption of electricity and strong performance of the new market segments. The company has traded 21,266 MUs of power in this quarter as compared to 14,847 MUs in same period last year. The growth was mainly led by incremental volumes from Real time...

Indian Energy Exchan.. has an average target of 214.00 from 3 brokers.

Indian Energy Exchange Ltd.

15 May 2021

206.38

-0.76%

Rise in electricity volumes drives profits

Neutral: Indian Energy Exchange Ltd.

Recommendation Target

Motilal Oswal

The launch of the Real-Time Market (RTM) has shaped up well, with the product adding 3.8BUs in 4Q and accounting for 17% of the total electricity volumes. With an oversupplied market, new product launches, and a strong competitive positioning, we expect market share gains to continue for the company within the Short-Term (ST) Market. However, with the recent runup in stock price, IEX now trades at 36x FY23 EPS and prices in this growth. Accordingly, we Downgrade to Neutral, with revised TP of INR375/sh. Strong volumes drive growth in operational profit IEX's 4QFY21 S/A EBITDA was up 49% YoY to INR808m (in line with our est),...

Indian Energy Exchan.. has an average target of 214.00 from 3 brokers.

Is Indian Energy Exchange Ltd. worth buying?

1919 Votes:

Buy 79.62%

Sell 10.21%

Hold 10.16%

RESEARCH REPORTS

Neutral SEE REPORTS >

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Neutral SEE REPORTS >

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