IEX (Indian Energy Exchange) is an Indian company that mainly works to provide physical electricity. IEX stock is down by approx 54% from its all-time high. From the last 1 to 2 years the stock has been consolidating and given almost 0% return. Let’s find out the reasons for IEX’s share price target for 2024, 2025, and 2026.
Mostly new retail investors don’t have proper knowledge of investing as a result they invest in penny stocks or those stocks that are fundamentally not strong. Sometimes they also invest in stocks that are down by 20 – 30% in the dream that from this level the stock will go up.
If you have also bought the IEX stock at a higher price and as of now facing a huge loss then this post may help you to the IEX share price target prediction based on the experts, fundamentals, news, technical analysis, etc.
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About IEX
IEX (Indian Energy Exchange Ltd) is an Indian government company. IEX company was founded in 2007. As of now, its managing director is Mr. Satyanarayan Goel.
IEX (Indian Energy Exchange) provides many services related to energy like spot market trading, buying and selling energy for future delivery, renewable energy certificates, the platform for trading green energy, and many more.
In a few words, the company works on energy exchanges and offers services and products to make exchange or trading simple and easy.
Company Fundamentals
In this company’s fundamentals, there is a lot of strength that shows the company is very good but there are also a few negative points in the company fundamentals. So, we are sharing some important fundament data that help you to know more about the company in depth.
Hope you know that while analyzing stocks for investing purposes the company’s fundamentals, shareholding pattern, etc. help a lot to know whether the company is good for investing. If you don’t know how to read a company’s fundamental data, check out some tutorials on YouTube. In a few days, you’ll start to understand it.
Note: The fundamentals of the Hindalco company were last updated on 20 Feb 2024. Check the latest information on any broker website or screener.
and here are some best trading apps that allow you to buy and sell stocks online in India.
 Rating: 9.8/10 |  Rating: 9.1/10 |
 Rating: 8.5/10 |  Rating: 8.6/10 |
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹165 |
| March 2020 | ₹176 |
| March 2021 | ₹205 |
| March 2022 | ₹309 |
| March 2023 | ₹306 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹77.22 |
| Mar 2023 | ₹88.34 |
| Jun 2023 | ₹75.83 |
| Sep 2023 | ₹86.46 |
| Dec 2023 | ₹91.81 |
Company Fundamentals
| Market Cap | ₹12,988Cr | ROE | 37.57% |
| P/E Ratio (TTM) | 37.93 | EPS (TTM) | 3.84 |
| P/B Ratio | 14.88 | Div Yield | 0.69% |
| Industry P/E | 37.93 | Book Value | 9.79 |
| Debt to Equity | 0.01 | Face Value | 1 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 17.28% | 14.12% | 13.37% |
| DIIs | 21.11% | 22.61% | 26.34% |
| Public | 61.33% | 32.98% | 60.01% |
| Promoters | 0.00% | 0.00% | 0.00% |
| Other Holders | 0.28% | 0.28% | 0.0% |
Key Points
- IEX company has given good profit growth and revenue growth over the last 3 years of 18% and 16%.
- The company’s ROE and ROCE are at very positive points over the last 3 years at 46% and 60%.
- On the IEX company, there is a Debt of Rs. 0 Crore, which means the company is Debt free as of 20 Feb 2024. The Debt to Equity is 0.01 which is very good for the company.
- The company has a cash of Rs. 64.49 Crore as of now.
- The net profit of the Indian Energy Exchange is increasing every year and most of the year the net profit is higher than its previous year. There is no major issue with profit growth-wise.
- Not only net profit, the sales of the company company have also increased rapidly and in March 2022 the sales of the compnay were 426 which is an all-time high sales.
Quarterly Results
The net profit of the Indian energy exchange company is almost constant i.e. not decreased and increased a lot over the last 5 quarters. But in the Dec 2023, quarter the net profit of the compnay is slightly higher than other quarters and the company has shown a net profit of Rs. 91.81 Crore.
Thumb Rules for Investing
Thumb rules for investing are those rules that are base rules to follow for investing purposes. These rules are valid for all stocks but just from these rules, you can not be a good investor. You also have some knowledge of technical analysis and a strong understanding of the sector and company in which you are investing.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case, you invested all the money in one sector, if the sector faces any issue then you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
IEX Share Price Target
The Financials of the IEX (Indian Energy Exchange) company is very stable. It means in the market crashes or selling market the IEX stock will not be affected very badly like other small-cap and mid-cap stocks. However, it depends on many things.
Before 1-2 years almost every green energy stock gave a massive rally because the power sector was in the news and millions of people invested money in the sector without proper analysis. Once the green energy bubble burst almost all the stock fell very badly.
In the last few months, the IEX stock started going up but slowly. For the long term, the stock can be good as many well-known popular analysts also recommended buying the stock.
News: Sanjiv Bhasin the director of IIFL Securities said the stock’s future is very bright for upcoming years. They also said the IEX share price target is Rs. 300. It means the investors can get a huge return in the upcoming years. News source: The Economic Times.
Note: We are not SEBI registered and we do not take any responsibility for any loss or profit. We are sharing this post only and only for educational purposes. We strongly suggest you do your analysis (fundamental and technical) before investing in any stocks.
IEX share price target 2024
In the last 3 to 4 months, the IEX stock has given approximately 32%. As of now, the stock is trading at the same level due to a resistance. In the upcoming months, the stock can easily break the resistance.
Once the resistance is broken the IEX stock will start going up. One thing that is in the favor of the stock i.e. market, As the Indian market is very bullish.
For the short term like 2-3 months, the stock can be good and you can get a good return but make sure you trade when the stock breaks the resistance of Rs. 168 – 170. While trading make sure you have strict stoploss.
IEX Share Price Target 2025 and 2026
The stock price moves very slowly and if everything goes right we can see a good bull run in the stock. A lot of professionals also suggest that the stock can create a new all-time high in the upcoming years but there is no expected date for it.
You are an investor, most probably you’ll hold the stock for a long time. So, our advice to you is to keep checking the chart in a higher timeframe and don’t forget to check the news also.
If everything goes right in the stock the IEX share price target for 2025 and 2026 can be near Rs. 200 to Rs. 250+. Always check chart patterns to know what can happen in the future of the stock.
FAQs
In the article, we shared the IEX share price target for 2024 and 2025. It is expected that it should touch the price but do not buy before your proper research. You can check the target price above.
As you know it is a government company and it works in physical electric supply. So, the future of the stock is good but it is hard to say whether it will perform well or not. So, plan your investments properly.
Final Words: There are a lot of investors who suggested that the IEX share price will go high in the upcoming years. In this post, we share the IEX share price target, which will help you in your research. This post is only for educational purposes not for any buying or selling tips. We also covered many stock prices like this you can check on moviden.com