|
05 Sep 2025 |
Indian Energy Exchange
|
Consensus Share Price Target
|
142.65 |
161.00 |
- |
12.86 |
hold
|
|
|
|
|
28 Apr 2025
|
Indian Energy Exchange
|
Keynote Capitals Ltd
|
142.65
|
205.00
|
195.21
(-26.92%)
|
Target met |
Neutral
|
|
|
Quarterly Update Q4FY25
|
|
26 Apr 2025
|
Indian Energy Exchange
|
Motilal Oswal
|
142.65
|
209.00
|
190.50
(-25.12%)
|
Target met |
Neutral
|
|
|
Indian Energy Exchange (IEX) reported standalone revenue for 4QFY25 at INR1.4b (+16.5% YoY), below our estimate by 7%, due to a lower-thanestimated per-unit transaction fee (-8.6% YoY, -6.8% QoQ).
|
|
26 Jan 2025
|
Indian Energy Exchange
|
Motilal Oswal
|
142.65
|
193.00
|
169.33
(-15.76%)
|
Target met |
Neutral
|
|
|
Indian Energy Exchange (IEX) reported standalone revenue for 3QFY25 at INR1,313m (+14% YoY), surpassing our estimate by 7%. Reported standalone PAT was 16% above our est. at INR1,031m (+28% YoY), primarily due to a 15.9% YoY rise in electricity volumes and other income.
|
|
28 Oct 2024
|
Indian Energy Exchange
|
Keynote Capitals Ltd
|
142.65
|
209.00
|
182.44
(-21.81%)
|
Target met |
Buy
|
|
|
Quarterly Update Q2FY25
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|
27 Oct 2024
|
Indian Energy Exchange
|
Motilal Oswal
|
142.65
|
200.00
|
180.76
(-21.08%)
|
Target met |
Neutral
|
|
|
IEX delivered standalone revenue of INR1,392m in 2QFY25 (+28% YoY), in line with our estimate. Reported standalone PAT of INR1,061m came in 3% above our est. of INR1,025m (+28% YoY), mainly led by higher other income.
|
|
09 Aug 2024
|
Indian Energy Exchange
|
FundsIndia
|
142.65
|
228.00
|
192.67
(-25.96%)
|
Target met |
Buy
|
|
|
|
|
31 Jul 2024
|
Indian Energy Exchange
|
Keynote Capitals Ltd
|
142.65
|
210.00
|
192.11
(-25.75%)
|
Target met |
Neutral
|
|
|
Quarterly Update Q1FY25
|
|
17 May 2024
|
Indian Energy Exchange
|
Keynote Capitals Ltd
|
142.65
|
|
151.40
(-5.78%)
|
|
Not Rated
|
|
|
Quarterly Update Q4FY24
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|
29 Jan 2024
|
Indian Energy Exchange
|
Keynote Capitals Ltd
|
142.65
|
|
140.45
(1.57%)
|
|
Not Rated
|
|
|
Quarterly Update Q3FY24
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|
06 Nov 2023
|
Indian Energy Exchange
|
Keynote Capitals Ltd
|
142.65
|
|
133.45
(6.89%)
|
|
Results Update
|
|
|
Quarterly Update Q2FY24
|
|
31 Jul 2023
|
Indian Energy Exchange
|
Keynote Capitals Ltd
|
142.65
|
|
122.65
(16.31%)
|
|
Not Rated
|
|
|
Quarterly Update Q1FY24
|
|
12 Jun 2023
|
Indian Energy Exchange
|
Keynote Capitals Ltd
|
142.65
|
|
123.60
(15.41%)
|
|
Not Rated
|
|
|
Company Update
|
|
29 May 2023
|
Indian Energy Exchange
|
Keynote Capitals Ltd
|
142.65
|
186.00
|
155.10
(-8.03%)
|
|
Buy
|
|
|
Quarterly Update Q4FY23
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|
09 May 2023
|
Indian Energy Exchange
|
Keynote Capitals Ltd
|
142.65
|
182.00
|
160.40
(-11.07%)
|
|
Buy
|
|
|
Initiating Coverage Report
|
|
04 Mar 2023
|
Indian Energy Exchange
|
BP Wealth
|
142.65
|
165.00
|
145.30
(-1.82%)
|
Target met |
Hold
|
|
|
|
|
24 Jan 2022
|
Indian Energy Exchange
|
LKP Securities
|
142.65
|
284.00
|
238.70
(-40.24%)
|
|
Buy
|
|
|
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...
|
|
22 Oct 2021
|
Indian Energy Exchange
|
LKP Securities
|
142.65
|
851.00
|
737.00
(-80.64%)
|
Pre-Bonus/ Split |
Buy
|
|
|
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...
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|
24 Jul 2021
|
Indian Energy Exchange
|
Motilal Oswal
|
142.65
|
410.00
|
439.75
(-67.56%)
|
Target met |
Neutral
|
|
|
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...
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|
23 Jul 2021
|
Indian Energy Exchange
|
LKP Securities
|
142.65
|
519.00
|
418.90
(-65.95%)
|
Target met |
Buy
|
|
|
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...
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|
15 May 2021
|
Indian Energy Exchange
|
Motilal Oswal
|
142.65
|
375.00
|
371.30
(-61.58%)
|
Target met |
Neutral
|
|
|
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),...
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