IE

Indian Energy Exchange LtdNSE IEX Stock Report

Last reporting period 31 Mar, 2024

Updated 18 Sep, 2024

Last price

Market cap $B

0.599

Micro

Exchange

XNSE - National Stock Exchange Of India

IEX.NS Stock Analysis

IE

Neutral

Based on Eyestock quantitative analysis, IEX.NS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

78/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-36.1 %

Overvalued

Market cap $B

0.599

Dividend yield

2.26 %

Shares outstanding

889.23 B

Indian Energy Exchange Ltd. Engages in power exchange business and provides an automated platform for trading of electricity and related products. The company is headquartered in Noida, Uttar Pradesh and currently employs 171 full-time employees. The company went IPO on 2017-10-23. The company offers various trade markets, such as the electricity market, green market, and certificates. The electricity market includes day-ahead market, term ahead market, real-time market, and cross border electricity trade. The green market includes green term ahead market and green day-ahead market. The certificate market includes renewable energy certificates and energy-saving certificates. Its products include day-ahead market, green day-ahead market (G-Dam), term-ahead market, real-time market, green term ahead market, REC market, ESCERTS market, trading calendar, clearing holidays, weekly regional loss. Buyers and sellers electronically submit bids during the market session and the matching of bids is done on a double-sided closed auction mechanism with a uniform market clearing price.

View Section: Eyestock Rating