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IEX Stock Chart & Stats
₹124.25
₹2.51(2.02%)
At close: 4:00 PM EDT
₹124.25
₹2.51(2.02%)
Day’s Range― - ―
52-Week Range₹114.50 - ₹160.30
Previous CloseN/A
Volume14.09M
Average Volume (3M)274.69K
Market Cap
₹117.88B
Enterprise Value₹109.94K
Total Cash (Recent Filing)₹18.05B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)23.2
Beta1.28
Next Earnings
Oct 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.65%
Share Statistics
EPS (TTM)5.70
Shares Outstanding891,692,750
10 Day Avg. Volume234,014
30 Day Avg. Volume274,691
Financial Highlights & Ratios
PEG Ratio1.41
Price to Book (P/B)7.48
Price to Sales (P/S)16.58
P/FCF Ratio20.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹108.00Price Target Upside-13.08% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering1
EPS Forecast (FY)6.14
Revenue Forecast (FY)₹6.87B
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthIEX's exceptionally conservative balance sheet with ultra-low leverage provides durable financial flexibility. It supports investment in platform upgrades, resilience to trading-volume shocks, and capacity for returns to shareholders without relying on external funding, underpinning long-term stability.
High Profitability And MarginsSustained very high margins reflect a scalable, low-capex exchange model where transaction fees convert to strong operating profit. This margin durability supports consistent earnings power, funds reinvestment or distributions, and cushions the business versus cyclical volume swings.
Platform Business ModelIEX operates an electronic marketplace for short-term power trading; fee-based, networked revenue creates structural advantages. Market participants and standardized contracts generate network effects and switching friction, supporting a defensible position within regulated power-market infrastructure.
Bears Say
Uneven Revenue GrowthRevenue is sensitive to traded volumes and product adoption, producing episodic growth. This uneven top-line trend limits visibility into sustainable expansion, constrains medium-term earnings predictability, and makes long-term growth contingent on market development rather than controllable operating levers.
Cash-Flow VolatilityDespite generally strong cash conversion in several years, the sharp negative operating and free cash flow year and extreme FCF swings highlight execution and timing risks. Cash-flow variability complicates capital allocation, dividend consistency, and reinvestment planning over the medium term.
Regulatory And Revenue Concentration RiskIEX's reliance on transaction fees tied to regulatory fee schedules creates structural exposure: adverse regulatory decisions or fee caps could materially reduce revenue. Limited revenue diversification increases vulnerability to policy shifts in the electricity market over the medium term.
Indian Energy Exchange Ltd. News
IEX FAQ
What was Indian Energy Exchange Ltd.’s price range in the past 12 months?
Indian Energy Exchange Ltd. lowest stock price was ₹114.50 and its highest was ₹160.30 in the past 12 months.
What is Indian Energy Exchange Ltd.’s market cap?
Indian Energy Exchange Ltd.’s market cap is ₹117.88B.
When is Indian Energy Exchange Ltd.’s upcoming earnings report date?
Indian Energy Exchange Ltd.’s upcoming earnings report date is Oct 15, 2026 which is in 68 days.
How were Indian Energy Exchange Ltd.’s earnings last quarter?
Indian Energy Exchange Ltd. released its earnings results on Jul 23, 2026. The company reported ₹1.4 earnings per share for the quarter, the consensus estimate of ₹1.4 by ₹0.
Is Indian Energy Exchange Ltd. overvalued?
According to Wall Street analysts Indian Energy Exchange Ltd.’s price is currently Overvalued.
Does Indian Energy Exchange Ltd. pay dividends?
Indian Energy Exchange Ltd. pays a Quarterly dividend of ₹2 which represents an annual dividend yield of 2.65%. See more information on Indian Energy Exchange Ltd. dividends here
What is Indian Energy Exchange Ltd.’s EPS estimate?
Indian Energy Exchange Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Indian Energy Exchange Ltd. have?
Indian Energy Exchange Ltd. has 891,692,750 shares outstanding.
What happened to Indian Energy Exchange Ltd.’s price movement after its last earnings report?
Indian Energy Exchange Ltd. reported an EPS of ₹1.4 in its last earnings report, expectations of ₹1.4. Following the earnings report the stock price went down -1.296%.
Which hedge fund is a major shareholder of Indian Energy Exchange Ltd.?
Currently, no hedge funds are holding shares in IN:IEX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Indian Energy Exchange Ltd.
Indian Energy Exchange Limited (IEX) operates a prominent digital platform for electricity trading, facilitating efficient buying, selling, and price discovery of power and related products. It offers robust risk management solutions for all participants in the electricity market. IEX's diverse product portfolio includes: Day-Ahead Market (DAM): A physical electricity trading venue for deliveries in 15-minute blocks over the subsequent 24-hour period. Term-Ahead Market (TAM): Provides a range of contract options for participants to trade electricity on an intra-day, day-ahead contingency, or term-ahead basis. Real-Time Market (RTM): Features half-hourly auctions where power is delivered approximately one hour after the auction's gate closure. Renewable Energy Certificates (RECs): Designed to simplify the procurement of green energy by state utilities and other obligated entities. Green Day-Ahead Market (GDAM): A double-sided, closed collective auction for renewable energy conducted on a day-ahead basis. Cross-Border Electricity Trade (CBET): An initiative aimed at fostering an integrated power market across South Asia. Energy Saving Certificates (ESCs): Market-based instruments tailored for consumers in energy-intensive industries such as aluminum, cement, thermal power plants, distribution utilities, refineries, railways, fertilizer, and iron & steel. Incorporated in 2007, Indian Energy Exchange Limited is headquartered in New Delhi, India.
IEX Stock 12 Month Forecast
Average Price Target
₹108.00
▼(-13.08% Downside)
Technical Analysis
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