IEX Share Price Prediction 2030 is India’s leading energy trading platform, known for its pivotal role in the power market. Its innovative trading mechanism facilitates efficient power transactions, offering participants a transparent and competitive environment.
Current Share Price and Financial Highlights
- Current Share Price: ₹141 (approximate as of 2024)
- Market Cap: ₹12,604 Crore
- P/E Ratio: 38.3
- ROE: 39.4%
- Dividend Yield: 0.71%
- Debt Status: Almost debt-free
Historical Share Price Performance
Since its listing, IEX has demonstrated strong price performance. In 2018, its shares traded around ₹165. By 2020, despite market volatility due to the pandemic, it remained resilient, trading near ₹200. In the past few years, as India’s energy market expanded, IEX stock consistently outperformed, reaching ₹140-₹150 in 2024.
IEX Share Price Prediction (2024 to 2030)
| Year | Minimum Price (₹) | Maximum Price (₹) | Expected Average Price (₹) |
|---|---|---|---|
| 2024 | 109.50 | 149.50 | 144.92 |
| 2025 | 100.50 | 258.71 | 134.61 |
| 2026 | 266.90 | 378.36 | 313.85 |
| 2027 | 390.34 | 553.35 | 459.01 |
| 2028 | 570.87 | 809.28 | 671.30 |
| 2029 | 834.90 | 1,183.57 | 981.78 |
| 2030 | 1,221.04 | 1,730.97 | 1,435.86 |
Key Growth Drivers
- Increased Power Demand: Rising industrial and residential energy needs.
- Government Policies: Support for renewable energy and green trading.
- Innovation in Trading: Technological advancements improve platform efficiency.
- Sustainability Focus: Growth in renewable energy certificates trading.
- Financial Health: High return on equity, low debt.
Conclusion
IEX is well-positioned for significant growth, supported by India’s evolving power sector. Its robust financials and historical performance make it a strong contender for long-term investment.