IEX Share Price Target 2024, 2025, 2027, 2030, 2040

If you think about which share will be best for investment in recent times then you should know about IEX Share Price Target. Today in our blog we will explain the basic idea about IEX Share Price Target 2024, 2025, 2027, 2030, 2040. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

IEX Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to understand the IEX Share Price Target 2024 to 2040.

What Is the Indian Energy Exchange Limited (IEX) Company?

The Indian Energy Exchange (IEX) is an Indian Electronic System that is related to the power trading exchange under the Central Electricity Regulatory Commission. The company was established in the year 2008. The headquarters of the company is situated in New Delhi, India.

Overview Of IEX Company

IEX Company is mainly related to the development of power trading in India and provides an electronic platform for various power markets, power producers, power traders, state electricity boards, and industrial & commercial consumers. The company has 300 private generators, 3,300 industrial electricity consumers, and 3,900 registered clients.

Financial Data Analysis Of IEX Limited

We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. IEX Share Price Target also depended upon the ratio described below.

History Of IEX Share Price Target From 2024 To 2040

IEX Share is a bullish trend in the share market. IEX Share is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The last 6 months’ share growth of the company was 9.10 (5.45%), the last 1 year’s share growth was 52.10 (42.06%), the previous five year’s share growth was 127.63 (263.86%) and the maximum share growth was 123.83 (237.36%).

IEX Share Price Return percentage was 17.06% in the last 3 months, the last 1 years share price return percentage was 42.38%, the last 3 year’s share price return percentage was 34.12% and the last 5 year’s share price return percentage was 270.78%. IEX Share always gives good returns to investors. If anyone wants to invest in the share it will be profitable on a long-term basis. Let’s have a look at the IEX Share Price Target From 2024 to 2040.

IEX Share Price Target 2024

IEX Company has been a pioneer in the Indian power market for the last 15 years. One of the important parts of IEX Company is the Cross Border Electricity Trade which is a committed trade with Nepal. Through this cross-border, the Indian Power market extends its market facility to the Asian Power Market. South Asian Countries like Nepal, Bhutan, and Bangladesh will be able to participate in the day-ahead market and the term-ahead market on the exchange.

The Profit Growth of the company was 17.96% in the last 5 years which became 18.96% in the last 3 years and in the last 1 year, it decreased to -3.45%. The Operating Profit Growth was ₹94.12 Crore in March 2023 which became ₹105.23 Crore in March 2024. If we look at the IEX Share Price Target 2024 forecast, the 1st Price Target is ₹165.85 and the 2nd Price Target is ₹235.96.

Also Read – Coal India Share Price Target

IEX Share Price Target 2025

IEX Company is one of the two operational power exchangers in India. The exchange has launched a range of products which are classified as Day Ahead, Term Ahead, Renewable Energy Certificates, and Energy Saving Certificates. For trading renewable energy sources the Green Term Ahead Market is a market segment in which contracts such as Green-Day-Ahead contingency, Green DAC, Green-Weekly, etc.

The Sales Growth Percentage was 11.73% in the last 5 years which became 15.98% in the last 3 years and in the last 1 year, it decreased to -5.9%. The Sales Growth was ₹108.36% in the year 2023 which became ₹122.59 Crore in March 2024. If we look at the IEX Share Price Target 2025 forecast, the 1st Price Target is ₹240.25 and the 2nd Price Target is ₹290.74.

IEX Share Price Target 2027

The Government Of India also focused on reducing carbon emissions by 45% the IEX Company also helps the Government Of India to become a Zero Carbon Emitter by 2070. From the financial year 2009, the company’s electricity volume was 2 BU which currently becomes 100 BU. IEX Company’s Green Market achieved a cumulative traded volume which is nearly about 5.2 BU (G-DAM contributes 3.8 BU and G-TAM achieved 1.4 BU) for the year 2023.

The ROE percentage of the company was 48.12% in the last 5 years which became 45.99% in the last 3 years and in the last 1 year, the percentage became 41.25%. The ROCE percentage of the company was 63.12% in the last 5 years, which became 59.98% in the last 3 years and in the last 1 year, the percentage became 52.85%. If we look at the IEX Share Price Target 2027 forecast, the 1st Price Target is ₹350.12 and the 2nd Price Target is ₹390.63.

IEX Share Price Target 2030

IEX Renewable Energy Certificates represent the green attributes of electricity generated from renewable sources. There were two categories Solar and Non-Solar. One Certificate represents 1 MWh of renewable energy generated. In the financial year 2023, the IEX Company was incorporated in different sectors like 302 textile sectors, 90 Automobile Sectors, 84 Metal Sectors, 107 chemicals, and 285 other sectors.

The Tax amount of the company was ₹27.89 Crore in March 2023 which increased to ₹33.96 Crore in March 2024. The total expenditure amount was ₹13.79 Crore in March 2023 which became ₹16.43 Crore in March 2024. If we look at the IEX Share Price Target 2030 forecast, the 1st Price Target is ₹495.23 and the 2nd Price Target is ₹540.40.

Also Read – NTPC Share Price Target

IEX Share Price Target 2040

In the financial year 2023, the IEX Company launched Hydro Power contracts on Green Day ahead market segment. In the year 2022, the IEX Company launched Hydro Power contracts in the Green Term-Ahead market segment. As of 11th July 2024, the company’s Purchase Bid amount was 340,736 MWh, and the Sell Bid amount was 260,433 MWh, and the MCV amount was 175,357 MWh.

The revenue amount of the company was ₹431.25 Crore in the year 2022 which became 401.36 Crore in the year 2023. The Yearly Earning Amount Per Share was 3.46% in the year 2022 which became 3.44% in the year 2023. If we look at the IEX Share Price Target 2040 forecast, the 1st Price Target is ₹1,040.40 and the 2nd Price Target is ₹1,080.52.

How To Purchase IEX Share?

The most common trading platform for purchasing the IEX Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Peer’s Company of IEX Company

• Adani Energy
• Adani Power
• CESC
• GVK Power
• BF Utilities

Investors Types And Ratio Of IEX Company

There are mainly four main Types of Investors in IEX Company. The company’s growth also depended upon the ratio of investors who invested in the share.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (company owner) through overall capital. IEX Company’s promoter holding capacity is 0%.

Public Holding

Public Investors are individuals who invest in the public market for profit in the future (large and small companies). IEX Company’s public holding capacity is 62.10%.

FII

Foreign Institutional Investors are those big companies that invest in different countries company. IEX Company’s FII is 10.70%.

DII

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. IEX Company’s DII is 27.20%.

Advantages and Disadvantages Of IEX Share

Every share has some advantages and some disadvantages also. So, the IEX Share Price Target also has some advantages and disadvantages.

Advantages

• The revenue growth of the company was 15.98% in the last 3 years.
• The ROE percentage of the company is very good which was 45.99% in the last 3 years.
• The ROCE percentage of the company was 45.99% in the last 3 years.
• The company is virtually debt-free and the interest cover ratio of the company is good which is 160.23.
• The company has an efficient cash conversation cycle which is 43.12 days.
• The book value amount of the company has increased in the last 2 years.

Disadvantages

• The profit growth of the company is very poor which decreased to -3.45% in the last 1 year.
• The company has a high EBITDA of 32.40.
• The cash flow amount from operation decreased to -23.40.

Also Read – BHEL Share Price Target

FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about the IEX Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, IEX Price Target may reach a very high position. IEX Company is related to the Power Generation Sector. So the demand for this sector also increases which helps the share to gain profit in the future.

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