IEX Share Price Target 2024, 2025, 2030, 2040, 2050
One of the most prominent names on automated energy trading platforms in India is Indian Energy Exchange Ltd (IEX). Due to the ever-increasing energy demand in India, investors must comprehend the prospective price objectives for IEX shares.
Reading this blog will provide you with a better idea of the company financial situation and the market dynamics in 2024, 2025, 2030, 2040, and 2050 based on IEX share price estimates.
What is Indian Energy Exchange Ltd NSE: IEX?
Contents
- 1 What is Indian Energy Exchange Ltd NSE: IEX?
- 2 IEX Share Price Target 2024
- 3 IEX Share Price Target 2025
- 4 IEX Share Price Target 2030
- 5 Share Price Target 2040
- 6 Share Price Target 2050
- 7 Indian Energy Exchange Ltd Earning Results
- 8 Expert Forecasts on the Future of Indian Energy Exchange Ltd.
- 9 Is IEX Stock Good to Buy?
- 10 Conclusion
- 11 FAQs
The first power exchange in India, IEX, was set up in 2008 and is overseen by the Central Electricity Regulatory Commission (CERC).
About IEX | Value (2023) |
Website | www.iexindia.com |
Revenue | INR 488.09 crore |
Net Income | INR 305.91 crore |
Total Assets | INR 668.11 crore |
EPS (Earnings per Share) | INR 3.45 |
EBITDA | INR 420.52 crore |
ROCE (Return on Capital Employed) | 53.84% |
ROA (Return on Assets) | 18.23% |
ROE (Return on Equity) | 43.96% |
Industry | Power Sector |
Headquarters | Noida, India |
State electricity boards, power producers, and business users are among the many interested parties served by its energy trading platform. Contributing to the effective allocation of resources and fostering transparency in electricity trading, IEX plays a significant role in the energy industry with its considerable market share.
We anticipate that the IEX share price will range from INR 166 to INR 235 in 2024. We expect energy consumption to rise due to economic recovery and government measures, and the firm has excellent fundamentals. Thus, we are making this projection.
Year | Minimum Price (₹) | Maximum Price (₹) |
2024 | 166 | 235 |
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 166 | 200 |
February | 168 | 205 |
March | 169 | 210 |
April | 201 | 215 |
May | 202 | 218 |
June | 205 | 220 |
July | 207 | 218 |
August | 208 | 219 |
September | 209 | 220 |
October | 210 | 220 |
November | 209 | 215 |
December | 210 | 235 |
Shares of IEX are projected to reach 220 and 275 Indian rupees in 2025. The increasing dependence on renewable energy sources and the company growing client base are the main reasons for this year rise.
Year | Minimum Price (₹) | Maximum Price (₹) |
2025 | 220 | 275 |
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 220 | 260 |
February | 227 | 262 |
March | 229 | 263 |
April | 231 | 266 |
May | 242 | 270 |
June | 233 | 272 |
July | 244 | 273 |
August | 245 | 275 |
September | 244 | 270 |
October | 255 | 275 |
November | 263 | 268 |
December | 265 | 275 |
Goals of INR 618 and INR 680 per share are anticipated for IEX by 2030, indicating substantial development. The anticipated increase in energy usage and the company strategic attempts to strengthen its market position are reflected in this increase.
Year | Minimum Price (₹) | Maximum Price (₹) |
2030 | 618 | 680 |
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 618 | 630 |
February | 625 | 640 |
March | 632 | 645 |
April | 639 | 655 |
May | 646 | 660 |
June | 653 | 670 |
July | 660 | 680 |
August | 667 | 690 |
September | 674 | 700 |
October | 680 | 695 |
November | 675 | 685 |
December | 680 | 700 |
In 2040, the stock price can go as high as 2600 Indian rupees (INR). The rising demand for power and IEX function in enabling energy trading are factors expected to contribute to the growth in the long run.
Year | Minimum Price (₹) | Maximum Price (₹) |
2040 | 2440 | 2600 |
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 2440 | 2500 |
February | 2445 | 2520 |
March | 2450 | 2540 |
April | 2455 | 2550 |
May | 2460 | 2560 |
June | 2465 | 2570 |
July | 2470 | 2580 |
August | 2475 | 2590 |
September | 2480 | 2600 |
October | 2485 | 2600 |
November | 2490 | 2590 |
December | 2500 | 2600 |
The anticipated objectives for the year 2050 range from 11,500 to 13,000 Indian rupees. This lofty prediction predates that the energy industry might see significant expansion due to policy changes and new technologies.
Year | Minimum Price (₹) | Maximum Price (₹) |
2050 | 11500 | 13000 |
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 11500 | 11800 |
February | 11600 | 11900 |
March | 11700 | 12000 |
April | 11800 | 12100 |
May | 11900 | 12200 |
June | 12000 | 12300 |
July | 12100 | 12400 |
August | 12200 | 12500 |
September | 12300 | 12600 |
October | 12350 | 12700 |
November | 12375 | 12800 |
December | 12400 | 13000 |
Indian Energy Exchange Ltd Earning Results
With sales of 488.09 crore Indian rupees and a net income of 305.91 crore in 2023, IEX continued its impressive financial reports trend. With a low debt load and a good return on equity, the firm is in a strong financial position, which bodes well for its future development.
Year | Revenue (₹ crore) | Net Income (₹ crore) |
2023 | 488.09 | 305.91 |
2022 | 462.73 | 293.85 |
2021 | 435.81 | 275.92 |
2020 | 410.92 | 260.84 |
2019 | 388.74 | 247.41 |
Expert Forecasts on the Future of Indian Energy Exchange Ltd.
Year | Minimum Price (₹) | Maximum Price (₹) |
2024 | 195 | 235 |
2025 | 220 | 275 |
2030 | 618 | 700 |
2040 | 2440 | 2600 |
2050 | 11500 | 13000 |
The two main factors that analysts believe will keep IEX profitable in the years to come are rising power consumption and government support for renewable energy sources. The firm is anticipated to gain a competitive advantage thanks to its market leadership and creative initiatives.
Is IEX Stock Good to Buy?
Bull Case:
- Strong growth in electricity demand due to economic recovery.
- Programs run by the government that encourage the use of renewable energy sources.
- Due to IEX growing clientele and commanding market share.
- Technological breakthroughs improved trade efficiency.
- The energy industry is seeing an increase in private-sector involvement.
Bear Case:
- Market dynamics might be affected by any changes in regulations.
- Emerging power exchanges cause competition.
- Economic downturns impact energy usage.
- Changes in technology are posing new problems for established methods of trading.
- Changes in the market cause energy price volatility.
Conclusion
IEX solid foundation and favorable business climate make its future seem bright. When deciding where to invest, investors should consider the energy sector growth potential and predicted price objectives.