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IEX April 22 2022




Indian Energy Exchange is India’s premier energy marketplace, providing a nationwide automated trading platform for the physical delivery of electricity, renewables, and certificates. More recently, IEX has pioneered cross-border electricity trade expanding its power market beyond India in an endeavor to create an integrated South Asian Power Market. IEX is powered by state-of-the-art, intuitive and customer-centric technology, enabling efficient price discovery and facilitating the ease of power procurement.
IEX has a robust ecosystem of 6,800+ participants located across 29 States and 5 Union Territories comprising 55+ distribution utilities and 500+ conventional generators. It also has a strong base of 4400+ commercial and industrial consumers representing industries such as metal, food processing, textile, cement, ceramic, chemicals, automobiles, information technology industries, institutional, housing, real estate, and commercial entities.
The Exchange has ISO Certifications for quality management, Information security management, and environmental management since August 2016 and is approved and regulated by the Central Electricity Regulatory Commission, and has been operating since 27 June 2008.
The Exchange is a publicly listed company with NSE and BSE since October 2017.
IEX share price target, In addition, the Council approved an increase in the total participation cap of all registered foreign portfolio investors (FPI) / registered foreign institutional investors (FII) in aggregate from 24% to 49% (which is the sector cap present in current FDIs).

IEX share price target


The policy of the paid-up share capital of the company is subject to shareholder approval at the next AGM and other regulatory approvals/restrictions.

The stock debuted at Rs 1,500 on the BSE on October 23, 2017, representing a 9.09% discount on the IPO price of Rs 1,650 per share. Shares in the Indian Energy Exchange (IEX) surged 19% to a record high of Rs 956.15 on the BSE during intraday trading on Tuesday after the company announced that the board of directors would consider issuing an opening bonus. At the next board meeting on Thursday, October 21, 2021.

The stock surpassed the previous high of Rs 819 set on October 13, 2021. However, the stock traded above its target price of Rs 910 per share. By 0655 GMT, about 33 million shares of IEX were sold, more than three times the 30-day average of approximately 11 million shares. As long as this rebound persists, the stock could reach Rs 1,200.

The stock will only come under pressure from a corrective fall if it falls below Rs 695. In the medium term, shares may fall to Rs 400 and even 350-320 rupees in the coming months. Should the stock manage to hold above Rs 3,200, sideways consolidation between Rs 3,200 and 4,200 is possible. Existing investors must hold this share with a target price of Rs 1,000 and a stop loss of Rs 850.

IEX share price target 2022 , 2023 , 2024 , 2025 & 2030

However, with the recent rise in share prices, the IEX is now trading at 36% per share for fiscal 23, and the price of that rises. “IEX has been a leader among utilities, with its share price up 110% in the past six months, compared with a 15% increase in the capacity index.

Earnings per share have grown on average 15% annually over the past 3 years, but the company’s share price has grown by 69% annually, which means it is substantially following earnings growth.

Unless otherwise noted, all financial data is based on an annualized period but is updated quarterly. The data is provided for informational purposes only and is not intended for commercial purposes.

Investors may refer to the Frequently Asked Questions on Trade (FAQ) published with reference to circulars NSE / INSP / 45191 of July 31, 2020, and NSE / INSP / 45534 of August 31, 2020, as well as other guides issued from time to time in this regard. … Get your transaction information straight from the exchange to your mobile phone/email at the end of the day … Released for the benefit of investors.

Update your mobile number and email id with your stock broker/depository member and receive one-time passwords directly from the custodian to your email id and/or mobile number to create an agreement. Stockbrokers can accept securities as margin from clients only as collateral in ef.

In addition, you should also share your knowledge or evidence of systematic violations, potential fraud, or unethical behavior through the anonymous portal featured on the BSE and NSE websites. Be fully aware of the risks and costs associated with trading the financial markets, it is one of the riskiest forms of investing. It allows electricity market participants to negotiate and discover the prices of electricity and related products with risk management.

It is one of only two exchanges in India that offer an electronic platform for trading electrical products and have a significant market share among the electricity exchanges in India. The market share is more than ~ 98% of the volume of the exchange electricity market.

Investors are reluctant to sell it due to its monopoly in this industry with a 97 percent market share. As of December 1, 2021, the current IEX share price on Wednesday is $ 234,420, and our data shows that the asset’s price has been in an uptrend for the last year (or since its inception)

The daily IEX price action analysis based on short to medium-term time frames is positive, but the trend is very volatile. Analyzing price behavior over a longer period can give a better idea of ​​the effectiveness of this promotion. Buyers dominated the stock market this week, and this trend may continue for several more days.

Stocks can touch or cross these levels during weekly trading hours. The trading price of IEX stock is higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Bullish moving average (50 days) IEX is a bullish moving average. Bearish short-term moving average (21 days) IEX is bearish relative to the short-term moving average.

The change cost during the period between the settlement of open protests and the start of subsequent trading days is calculated as the difference between the last transaction and settlement on the previous days. The change cost in other periods is calculated as the difference between the last transaction and the last settlement.

The current market price of the Indian Energy Exchange is Rs 780.75. The time period indicated by the analyst is one year during which the price of Indian Energy Exchange Ltd. can achieve a specific goal. Indian Energy Exchange Ltd., incorporated in 2007, is a mid-cap (market cap of Rs 22,704.89) operating in the financial services sector.

Major Product / Revenue Segments Indian Energy Exchange Ltd. includes sales of services and other operating revenues for the year ended 31 March 2021.

For the quarter ended 30.09-2021, the company reported a consolidated income of Rs 122.30 crore, up 18.88% from the last quarter of Rs 102.88 crore and an increase of 55.38% compared to the same quarter last year. Rs 78.71

The company reported a net income after tax of Rs 77.39 crore in the most recent quarter. In its latest monthly update, the IEX, used by producers, distributors, and businesses to buy and sell electricity, reported electricity sales in October were 59% higher than a year ago. This could provide strong volume growth for energy exchanges such as the IEX, ”the brokerage firm said.

All discomforts (distribution companies) are bought on the exchange thanks to the best price disclosure. CRIS (Crisil Research & Infrastructure Solutions) expects the same growth with a CAGR of over 20% in FY17-22 and expects the share of energy trading to increase from 34.5% in FY 2017 to 43% in FY 22. “We believe that IEX will continue to dominate the market like other exchanges (eg MCX, etc.).

According to AI Pickup, the forecast for the Indian Energy Exchange Limited share price for December 2021 is 699.548944736716. Indian Energy Exchange Limited (NSE IEX) shares may not be a good investment choice, according to the outlook for Indian Energy Exchange Limited.

By providing an automated trading platform for the physical delivery of electricity, IEX enables efficient pricing and enables members to enter into electricity contracts, renewable energy certificates (REC), and ESCerts (energy saving certificates). In 2011, negotiations began on a renewable energy certificate (REC) stock exchange.

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ATTENTION INVESTORS

1.Stock broker/Depository participant can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2.Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

3.Pay 20% upfront margin of the transaction value to trade in cash market segment.

4.Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

5.Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

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