Stock Analysis: Indian Energy Exchange Limited
Indian Energy Exchange Limited operates a power trading platform, enabling trading and price discovery of electricity and related products. The company offers various products including Day-Ahead Market, Term-Ahead-Market, Real-Time Market, Renewable Energy Certificates, Cross-Border Electricity Trade, and more. It has a strong financial standing with a dividend yield of 0.0137 and a profit margin of 0.64484. The company officers are experienced and have a strong leadership team.
Key Financial Statistics:
- Current Price: 148.2 INR
- Market Cap: 131.78 billion INR
- Dividend Rate: 2.0
- 52 Week High: 173.35 INR
- 52 Week Low: 116.0 INR
Company Officers:
- MD, CEO & Chairman: Mr. Satyanarayan N. Goel
- CFO, Compliance Officer & Company Secretary: Mr. Vineet Harlalka A.C.A. A.C.S.
- Head of Risk, Alliances & Strategic Diversification: Mr. Indranil Chatterjee
Key Ratios and Margins:
- Profit Margin: 0.64484
- Debt to Equity: 1.392
- Operating Margins: 0.84632003
- EBITDA Margins: 0.83985
Analyst Recommendations:
- Target High Price: 200.0 INR
- Target Low Price: 107.0 INR
- Recommendation Mean: 3.6 (Underperform)
Conclusion: Indian Energy Exchange Limited shows a strong financial performance and has a promising future in the power trading market. The company's leadership team and diverse product offerings position it well for growth.