Unlike the 2024 target, share price targets cannot be set before the concept or prognosis of future share price exists. Therefore, the corporation also forecasts future share price of the company. Since share price targets are annual, it is time consuming to make predictions every year. Therefore, instead of making predictions every year, the corporation provides projections every 5 years. For example, IEX share price target 2025, an additional forecast of IEX share price will be generated. IEX share price target 2030, this cycle will repeat every 5 years. IEX is one of the only two power exchanges currently operating in India. It operates based on power trading exchange and Indian electronic infrastructure. Its first day of operation was on June 27, 2008. IEX is an example of a company with established goals. It is based on electricity trading and Indian electronic system.The organization has developed an electronic power market platform and its primary mission is to facilitate power trading across the country of India. The organization provides services to a variety of power generators and traders, in addition to providing open access to clients, including commercial and industrial customers, due to its scale and ability to handle large-scale transactions.
Important Points regarding IEX:-
The most recent quarter of 2023, which spanned from October to December, saw the IEX firm gain rupees 88.33 crores from net profit after tax.
IEX is considered a great option for long-term investments because it has built a strong reputation throughout India.
The company's net worth or market value as of December 31, 2023, is around Rs 13,108 Cr.
Over the last six months, the stock of IEX has risen by 12.55 percent, and over the last year, it has gained by roughly 5.18 percent.
As per the latest announcement from CERC, there has been a slight decline in the share price, around 4.8%.
IEX share price target 2026
Months | Target price2024 | Target Price 2025 | Target Price 2026 | |
January | 155.40 | 163.10 | 169.55 | 180.60 |
February | 155.45 | 164.10 | 169.95 | 181.65 |
March | 156.50 | 164.20 | 170.50 | 182.70 |
April | 157.50 | 165.20 | 170.55 | 182.95 |
May | 157.60 | 165.15 | 170.70 | 183.70 |
June | 157.75 | 166.10 | 171.80 | 184.80 |
July | 158.75 | 167.20 | 172.00 | 184.80 |
August | 158.80 | 167.30 | 173.30 | 186.35 |
September | 159.90 | 167.35 | 175.35 | 186.35 |
October | 160.90 | 168.40 | 177.40 | 187.40 |
November | 161.95 | 168.40 | 178.40 | 188.40 |
December | 162.30 | 169.25 | 180.50 | 189.50 |
IEX Finances:-
Total Revenue: 474 crore
Net Income: 305 crore
Market Value/ Net Worth: 13,108 Cr
Book value: 9.56
Face Value: 1.00
Return on Equity (ROE): 39.4 percent
Return on capital employed: 51.8 percent
Compound annual growth rate: 19.1 percentP/E Ratio: 38.28
Interest coverage Ratio: 159.22 percent
Dividend payout ratio: 48.6 percent
Dividend Yield Ratio: 0.69 percent
Earnings per Share (EPS): 3.84
IEX Shareholding Pattern:-
The Shareholding pattern of the company is being distributed in the following manner:Retail and Others: 61.66 percentMutual Funds: 20.44 percentForeign Institutions: 13.37 percentOther Domestic Institutions: 4.53 percent
IEX Competitors:
·
GVK Power·
SUZLON·
Urja Global·
Indowind Energy·
Tata Power·
NHPC·
Reliance Power·
APS India·
JSW Energy
Conclusion:-
IEX Company is a profitable company that is growing at a fast pace. It is based on India's electronic system and focuses on the nation-wide exchange of power. The share price forecast, on the other hand, is also known as IEX share price future forecast. It is just a forecast that is made every five years and may or may not turn out to be right. For instance, the IEX share price prediction 2025 is the same as the IEX Stock price forecast for 2030. The targets and the forecasts are different and have different values.
Here are some examples:
IEX Share Price Prediction 2025IEX Share price Prediction 2030