Buy Indian Energy Exchange ; target of Rs 250: Motilal Oswal

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Motilal Oswal 's research report on Indian Energy Exchange

Indian Energy Exchange (IEX) is an electricity exchange that offers a transparent and efficient platform for the Short-Term (ST) trading of power. Over the past decade (FY11–20), volumes on IEX have jumped >4x. With new product launches, a continued oversupplied market, and IEX’s competitive positioning, we expect volumes/PAT for IEX to increase at a 20%/19% CAGR over FY21–23.

Outlook

We initiate coverage on IEX with a Buy rating, at TP of INR250/sh based on 30x Sep’22 EPS.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More