IEX Share Price Target Tomorrow 2024 To 2030- Current Graph, Market Overview

Indian Energy Exchange Ltd (IEX) is India’s first and largest energy trading platform, offering a transparent and efficient way to trade electricity. Founded in 2008, IEX provides a marketplace where power producers and consumers, including industries and state utilities, can buy and sell electricity. The platform helps balance the demand and supply of electricity in real-time, ensuring competitive pricing. IEX Share Price on NSE as of 16 October 2024 is 193.92 INR. Here will provide you more details on IEX Share Price Target 2024, 2025, 2026 to 2030.

Indian Energy Exchange Ltd: Market Overview

• Open Price: ₹191.00
• High Price: ₹195.49
• Low Price: ₹190.00
• Previous Close: ₹191.60
• Volume: 9,816,205
• Value (Lacs): ₹19,107.24
• VWAP: ₹193.90
• UC Limit: ₹210.76
• LC Limit: ₹172.44
• P/E ratio: 46.57
• Div yield: 1.29%
• 52-wk high: ₹244.40
• 52-wk low: ₹121.35
• Mkt cap: ₹17.33KCr
• Face Value: ₹1

Indian Energy Exchange Ltd Competitors

Here are five competitor companies of Indian Energy Exchange Ltd (IEX), along with their approximate market capitalizations (as of recent data):

1. Power Exchange India Ltd (PXIL)
   • Market Capitalization: Not publicly listed
   • PXIL is the main competitor to IEX in the energy trading space, offering similar services for electricity and renewable energy trading in India.
2. National Thermal Power Corporation (NTPC) Ltd
   • Market Capitalization: ~$23 billion
   • NTPC, India’s largest power generation company, indirectly competes with IEX by influencing power supply, although it does not operate as a trading platform.
3. Tata Power Company Ltd
   • Market Capitalization: ~$10 billion
   • Tata Power is a major player in India’s energy sector, focusing on power generation, distribution, and renewable energy, which impacts electricity supply and trading dynamics.
4. Adani Transmission Ltd
   • Market Capitalization: ~$37 billion
   • Adani Transmission is involved in power transmission and distribution across India. While not a direct trading platform, its role in electricity flow impacts market activity.

5. JSW Energy Ltd

   • Market Capitalization: ~$7 billion
   • JSW Energy is a key player in power generation and trading in India, focusing on conventional and renewable energy, indirectly competing with IEX by impacting energy availability and pricing.

IEX Share Price Chart

IEX Share Price Target Tomorrow 2024 To 2030

IEX Share Price Target 2024

IEX share price target 2024 Expected target could be ₹235. Here are three key factors that could affect the growth of Indian Energy Exchange Ltd (IEX)’s share price target for 2024:

• Increase in Electricity Demand: With India’s growing industrialization and urbanization, the demand for electricity is expected to rise. IEX, being a key player in the power trading market, can benefit from this increase in demand, driving higher volumes of trading on its platform, which could positively impact its revenue and share price.
• Renewable Energy Trading Growth: As India pushes for a cleaner energy future, the trading of renewable energy on IEX’s platform is expected to grow. Increased focus on green energy certificates and renewable power trading can enhance the company’s market presence and revenue streams, supporting share price growth in 2024.

• Regulatory Changes and Reforms: Favorable government policies or reforms promoting energy market transparency and efficiency could boost IEX’s operations. Any positive regulatory changes that support competitive electricity pricing or market expansion will likely enhance IEX’s growth prospects, influencing its share price positively.

IEX Share Price Target 2025

IEX share price target 2025 Expected target could be ₹275. Here are three key factors that could affect the growth of Indian Energy Exchange Ltd (IEX)’s share price target for 2025:

• Expansion into New Energy Markets: IEX’s potential entry into newer segments like natural gas trading and green hydrogen could open up additional revenue streams. As India diversifies its energy portfolio, IEX’s ability to tap into these emerging markets will likely boost its growth and positively influence its share price by 2025.
• Government Initiatives for Power Market Reforms: Continued government initiatives to modernize and deregulate the power sector will play a crucial role in shaping IEX’s growth. Reforms that promote open access to electricity markets and encourage competition could drive higher trading volumes on IEX, supporting share price appreciation.

• Technological Advancements in Trading Platforms: The adoption of advanced technologies, such as blockchain and AI for energy trading, could improve the efficiency and security of IEX’s platform. Innovations in trading technology could attract more participants, increasing trading activity and revenue, which would positively affect the company’s share price in 2025.

IEX Share Price Target 2030

IEX share price target 2030 Expected target could be ₹720. Here are three key factors that could affect the growth of Indian Energy Exchange Ltd (IEX)’s share price target for 2030:

• Transition to a Renewable Energy Economy: As India and the global energy market increasingly shift towards renewable energy sources, IEX’s role in facilitating the trading of green energy and renewable energy certificates will expand. This transition could lead to higher trading volumes on the platform and boost revenue growth, positively impacting the share price by 2030.
• Energy Storage and Grid Modernization: The adoption of advanced energy storage solutions and modernized grid systems will create new opportunities for trading in flexible energy markets. IEX’s ability to capitalize on these changes, by facilitating real-time trading and balancing of energy supply and demand, will be crucial for its growth and stock performance by 2030.

• Regulatory and Market Expansion: Long-term regulatory support and possible expansion into new international markets could significantly enhance IEX’s growth prospects. If the company is able to expand its platform beyond India or diversify into new energy segments like green hydrogen or energy derivatives, it could increase its market share and drive share price growth over the decade.

Indian Energy Exchange Ltd Shareholding Pattern

• Promoter: 0%
• FII: 11.68%
• DII: 31.27%
• Public: 57.07%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.iexindia.com/

Indian Energy Exchange Ltd Financials

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