Comprehensive Analysis of Indian Energy Exchange Limited Stock

Indian Energy Exchange Limited operates a power trading platform and enables trading and price discovery of electricity and related products. Let's dive into a detailed analysis of the stock to understand its key financial statistics, company officers, key ratios and margins, analyst recommendations, and conclude with an overview.

Overview

Indian Energy Exchange Limited is a leading player in the electricity trading market, offering various products including Day-Ahead Market, Term-Ahead-Market, Real-Time Market, Renewable Energy Certificates, Cross-Border Electricity Trade, and Energy Saving Certificates. The company was incorporated in 2007 and has 171 full-time employees.

Key Financial Statistics

• Current Price: INR 159.35
• Market Cap: INR 141.69 billion
• Dividend Rate: 2.0%
• 52-Week Low: INR 116.0
• 52-Week High: INR 173.35
• Revenue Per Share: INR 5.964

Company Officers

The company officers include Mr. Satyanarayan N. Goel, Mr. Vineet Harlalka, Mr. Indranil Chatterjee, Mr. Amit Kumar, Mr. Deepak Mehta, Jogendra Behera, and Ravi Kiran Kuchi, holding key positions in the organization.

Key Ratios and Margins

• Profit Margins: 64.48%
• Trailing P/E: 41.39
• Forward P/E: 37.23
• Debt to Equity: 1.392
• Gross Margins: 99.78%

Analyst Recommendations

• Target High Price: INR 200.0
• Target Low Price: INR 107.0
• Target Mean Price: INR 138.6
• Recommendation: Underperform

Conclusion

Indian Energy Exchange Limited shows strong financial performance with high profit margins and a leading position in the electricity trading market. The stock has a moderate forward P/E ratio, indicating potential for growth. However, analysts have a cautious recommendation for the stock, citing a target mean price below the current market price. Investors should consider the company's strong market position and growth potential alongside the cautious analyst recommendation before making investment decisions.