In this post, we are going to analyze the IEX Share Price Target 2022 2023 2025 2030 by doing Fundamental and Technical Analyses. First, we will get to know what IEX company is all about.
Note- The Stock price prediction is based on our technical and fundamental analysis and it is based on normal analysis. We do not consider any downfall or any crisis in the market. We do not give any buying or selling recommendations. Kindly trade or invest as per your financial advisor.
About IEX Company
Indian Energy Exchange is India’s leading energy marketplace, providing a nationwide automated trading platform for the physical distribution of electricity, renewable energy, and certificates. More recently, IEX has pioneered cross-border electricity trading by expanding its electricity market beyond India in an effort to create a unified South Asian electricity market. IEX is powered by state-of-the-art, intuitive and customer-centric technology, which enables efficient price discovery and easy energy procurement.
IEX has a strong ecosystem of over 6,800 participants located in 29 states and 5 union territories which include over 55 distribution utilities and over 500 conventional generators. It has a population of more than 4,400 commercial and industrial consumers representing industries such as metals, food processing, textiles, cement, ceramics, chemicals, automotive, information technology industries, institutions, housing and real estate, and commercial entities. Strong base.
The exchange has ISO certifications for Quality Management, Information Security Management and Environment Management since August 2016 and is approved and regulated by the Central Electricity Regulatory Commission and is functioning since June 27, 2008.
The exchange is a listed company with NSE and BSE since October 2017.
IEX Share Holding Pattern
IEX Share Price Target 2022 2023 2025 2030
Now we will understand the IEX Share Price Target 2022 2023 2025 2030 through Fundamental and Technical Analyses.
Fundamental Analyses of IEX Share Price Target 2022 2023 2025 2030
At the time of writing on 02/11/2022, check the main fundamental points of IEX Share given below:
- Market Cap: The market cap is Rs. 12,537 Cr.
- Number of shareholders: 17.1L
- PE is: 40.54
- CAGR: 13.29%
- 1 Year Return: -1.51
- 1 Month Return: –40.75
- Face Value: Rs. 1
In predicting the Stock Price target, it is important to consider the financial statements as well.
Technical Analysis of IEX Share Price Target 2022 2023 2025 2030
As we all know, IEX is doing good in their business nowadays and if they continue to do the same, then we can expect this stock will reach new heights soon.
chart courtesy Tradingview.com
The high of the IEX was 318.65 in the month of Oct 2021. Now, it is trading near the price of 143.25.
IEX Share Price Target 2022
The analysis for IEX Share Price Target 2022 is given below:
The IEX Share Price Target 2022 is 180. If it crosses, 180 then the next target would be 195.
IEX Share Price Target 2023
To predict the IEX Share Price Target 2023, we do a higher frame analysis that is weekly and monthly. It seems that IEX Share Price Target for 2023 is around 230 and 260.
IEX Share Price Target 2025
IEX Share Price Target for 2025 is around 360 and 400.
IEX Share Price Target 2030
IEX Share Price Target for 2030 is around 700-800.
Table of IEX Share Price Target 2022 2023 2025 2030
|YEAR||IEX SHARE PRICE TARGET|
|2022 First Target||Rs 180|
|2022 Second Target||Rs 195|
|2023 First Target||Rs 230|
|2023 Second Target||Rs 260|
|2025 First Target||Rs 360|
|2025 Second Target||Rs 400|
|2030 Target||Rs 700-800|
Is IEX Profitable?
Right now the company is doing good in its segment and gaining profits.
Is IEX good for the long term?
At this moment, It is on the verge. If the company shows good results in the coming future, we can say IEX is good for long term.
What is the target price of IEX share?
The targets depend on the market conditions and sentiments in the market. But still, we have done some analysis to predict the share price in near future by considering ideal conditions. The target prices are 200 for the short term and 500 in the long term if the company does good business.
What will be the share price of IEX after 5 years?
IEX Share Price Target for 5 years is around 400-500.