IEX Share Price returned 47.54% CAGR in 3 years
Indian Energy Exchange Limited (NSE: IEX) company’s core business segment is into Electronic Power Trading and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article.
Technical analysis indicators; Simple Moving Average (SMA) 200 value 222.10 above the SMA 300 value 154.2 while the Relative Strength Index (RSI) is showing at 32.36. The trendline is very strong which indicates a good bullish momentum ahead for growth. The can be accumulated through stock SIP investment option in
Zerodha Trading App
for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 14203/- Crore positioning it in mid cap stocks group listed on NSE India.
What made IEX Share Price to return 47.54% CAGR in the last 3 years?
IEX Share Price is currently trading at Rs.
154.15
per stock &
IEX Technical Chart
the performance of the stock over the last 3 years of time frame which is considered to be a good investment period shows amazing profits at CAGR 47.54%
& now the opportunities indicates to invest based on above technical & following stock fundamentals.
IEX's 52 week low price at Rs. 128.37/- & 52 week high price at 318.67/-
Why one should consider IEX Share Price now?
Following are the strong fundamental analysis of IEX Share Price which will definitely make to think in one of the large cap companies of India for decent profits for a medium to long term investment horizon.
Fundamental Analysis of IEX
| Market Capitalization | Rs. 14203 Crore | Return On Equity (ROE) | 50.31% |
| P/E Ratio (TTM) | 44.94 | EPS (TTM) | 3.53 |
| P/B Ratio | 20.25 | Dividend Yield | 0.95% |
| Industry P/E Ratio | 14.78 | Book Value | 7.83 |
| Debt to Equity | 0.01 | Face Value | 1 |
Financial Statement of IEX
| Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
| 2018 | 230.0 | 132.0 | 284.0 |
| 2019 | 254.0 | 165.0 | 370.0 |
| 2020 | 257.0 | 176.0 | 388.0 |
| 2021 | 318.0 | 206.0 | 526.0 |
| 2022 | 431.0 | 309.0 | 703.0 |
Shareholding Pattern of IEX
| Promoters | 0.00% |
| Retail Investors | 63.70% |
| Foreign Investors | 20.77% |
| Mutual Funds | 15.20% |
| Other Domestic Institutions | 0.33% |
Indian Energy Exchange Limited
IEX is a automated power trading corporation established in 2008 with growth expanding across the globe in electricity, renewables etc., with backup facilities having state of the art technology focused customer centric activities in power trade & procurement to leverage technology and innovation to establish transparent and energy efficient marketplaces for delivering affordable, reliable energy to consumers.
IEX is working towards to be an architect of next-generation solutions for sustainable energy ensuring competitive, transparent and reliable access with a strength of 6800 participants base across 29 states & 5 union territories with more than 55 distribution utilities & 500 plus conventional generators.
IEX's customer base includes more than 4400 commercial and industrial customers serving food processing, chemicals, cement, ceramic, automobiles, texile, IT & institutional industries, housing, metal, real estate entities. Read more about Indian Energy Exchange Limited company here from its official website.
Competitors of IEX
As IEX comes under Electronic Power Trading sector; there are quiet a few peer competitors to IEX and here is a list of Top 5 Electronic Power Trading Companies based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in IEX on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker who turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in IEX with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app. So why don’t to consider buying IEX now, click here to open Demat account with 5paisa App.
References and Links:
- IEX stock chart: https://chartink.com/stocks/IEX.html
- About IEX Company Profile: https://www.iexindia.com/Aboutus.aspx?id=Gy9kTd80D98%3d&mid=Gy9kTd80D98%3d
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
It takes 30 long years to turn Rs.1/- worth Rs.1000/- which means doubling money once in every 3 years at a rate of CAGR 26.67% returns. Early investment start time is NOW else 30 years before :-)
-------+-{@ * * * Happy investing for prosperity * * * @}-+--------
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