IEX Share Price Target 2023, 2024, 2025 to 2030: Can IEX Stock price Reach Rs. 500?

The Indian Energy Exchange is the country’s leading energy marketplace, with a statewide automated trading network for the actual delivery of power, renewables, and certificates. IEX has lately pioneered cross-border energy exchange, expanding its power market outside India to form an integrated South Asian Power Market.

Since October 2017, the Exchange has been publicly listed on the NSE and BSE. Read on to find out about the IEX Share predictions for the following years. The company’s yearly sales growth rate of 35.98% exceeded its three-year CAGR of 17.89%. Analysts believe that the IEX Share price target for 2025 is quite promising.

IEX IN RECENT NEWS

• The Indian Energy Exchange, India’s primary energy exchange, attained 7805 MU, representing a 9% increase over last year.
• During the annual analyst meeting, the firm addressed fears about the IEX share price target in the recent market share decline. The corporation says the loss is due to policy, not competition.
• Rohit Bajaj, at Indian Energy Exchange, expects power costs to reduce in the coming months as demand eases (IEX). Coal output is up 25% year-over-year, while power plant shipments are up 20% in the first four months.

HOW TO BUY IEX SHARES IN INDIA?

There are a variety of platforms that allow you to buy these shares such as:

• Zerodha
• Upstox
• Groww
• AngelOne
• ICICIDirect

IEX Share Price Target 2023-2030

The line graph displays a smooth trajectory for the IEX stock market forecast between 2023 and 2030. In terms of fact, the IEX share price target 2030 is calculated to reach Rs. 622.25.

IEX Share Price Prediction 2023 is 194INR

Despite the fact that 2023 begins with a gain in the target stock value of IEX, which seems to make it a good year for investors, buyers must remain cautious according to the forecasts for this year.

The maximum IEX share price projection for March is Rs. 158.63, but the price may also fall to a minimum of Rs. 110.30 in July 2023, implying a 30% drop. Nonetheless, the situation will improve, as the IEX stock value prediction from July predicts that we will return to normal at a maximum price of Rs. 143.39 per share. The future months only foresee a massive increase in the target price of IEX shares.

IEX Share Price Forecast 2024 is 289.60INR

In terms of the IEX stock price estimate, 2024 will have its ups and downs, but it will be a prosperous year for investors. The year begins with a maximum share price of Rs. 204.55 and reaches its peak during the months of December.

The month of December will be the most rewarding for shareholders since the maximum price is projected to be Rs. 272.06 and the lowest price is likely to be Rs. 209.28.

IEX Share Price Target 2025 is 284.98INR

IEX share price target 2025 offers good news for its stockholders since it ensures a decent capital gain overall. Those who invest in the IEX share price target 2025 will see a consistent rise throughout the year. In fact, the December 2025 price projection for IEX shares is expected to be Rs. 284.98.

IEX SHARE PRICE PROJECTION 2026-2030

IEX FINANCIAL CONDITION (LAST 5 YEARS)

SHARE PRICE TARGET FAQS 

What is IEX Share Price Target 2025 and 2030?

IEX works in a rapidly growing market and has achieved substantial top-line growth over the previous five years. The stock is likely to provide significant returns due to its solid fundamentals and excellent margins. In addition, the IEX share price target 2025 is Rs. 284.98 and the IEX share price target 2030 is Rs. 622.25.

Is IEX going to give bonus shares?

The board of directors of the Indian Energy Exchange issued IEX bonus shares with a ratio of 2:1, which means that share holders got two bonus shares for each share that they already own. But this was in 2021 December. There has been no new bonus share allotment this year.

Can IEX reach 500INR?

IEX share price can reach 500INR by 2029.

How can I do a rapid analysis of the IEX share price target?

The following critical components may be used:

• The stock has a PE of 41.14
• A price-to-book ratio of 18.79
• Dividend yield of 1.38
• Earnings per share (EPS) of 3.51.

IEX share price target by ICICI Direct

With a share price target of Rs 240, ICICI Direct has a buy call on Indian Energy Exchange. Currently, the IEX stock price projection is Rs 166.5. Analysts offer a one-year time frame in which Indian Energy Exchange Ltd, price can achieve the set objective. In the most recent quarter, the firm had a net profit of 69.13 crores.  The IEX share price target 2030 is anticipated to reach Rs. 622.25.

Anand Rathi’s Senior Manager recommends buying IEX with a target of Rs.152

Ganesh Dongre, the Senior Manager for Technical Research at Anand Rathi, has suggested buying shares of the Indian Energy Exchange (IEX) at Rs.144 with a stop loss at Rs.137 and a target price of Rs.152.

Also read:

• Happiest Minds Share Price Target 2025
• Tata Motors Share Price target 2030

Is IEX Share a Good Buy Today?

The IEX share price forecast has maintained a rich valuation over the course of the past year due to its pristine balance sheet, near monopoly, and promising long-term prospects. Since the beginning of the last fiscal year, the firm has maintained a consistent level of strong performance.

In light of the existing circumstances, it is possible to deduce that the IEX share price target has the potential to become the next multi-bagger in the exchange industry.

The company is very close to being debt free. It is anticipated that the company will have a successful quarter. The company has a strong track record of return on equity (ROE), with an ROE of 46.21% over the past three years. As a result, the overall IEX stock price target is a sound investment that will yield a good return and is recommended.

Author: Sudiksha GhoshI'm Sudiksha Ghosh, and I like writing content. I've been working in this field since 2019, and every day I learn something new. My prior experiences have made me quite resourceful, and I have a keen interest in research.