Is IEX a good buy?
So, the IES shares may feel some pressure in short term. However, it has strong support at ₹190 and any dip around ₹200 or below ₹200 would be a good buying opportunity for positional investors for short to medium term target of ₹244," said Ravi Singhal, Vice Chairman at GCL Securities.
What stocks are listed on IEX?
IEX supports trading of the symbols noted below. This list is updated daily as of 7:45 a.m. ET....Exchange Symbols.SymbolDateNameA2022-05-27AGILENT TECHNOLOGIES INCAA2022-05-27ALCOA CORPAAA2022-05-27AAF FIRST PRIORITY CLO BONDAAAU2022-05-27GOLDMAN SACHS PHYSICAL GOLD167 more rows
What is IEX market share?
Indian Energy Exchange Limited (IEX) is the first and largest power exchange in India. It has a dominant market share of over 98% of traded volume in electricity and diverse registered participants base of more than 6300.
Can individuals trade on IEX?
Only the Exchange Members, who have been admitted as such by IEX, are eligible to enter into Contracts, and undertake transactions relating to such Contracts. Persons, who are not Exchange Members, can participate as Clients through a registered Exchange Member.
How does IEX make money?
IEX's primary revenue sources include transaction fees (about 84% of revenues) and annual subscription fees (5% of revenues). Since the commencement of its business in 2008, the trading volume on its exchange has been increasing at a staggering rate of over 32% CAGR.
Is IEX a govt company?
The Indian Energy Exchange (IEX) is an Indian electronic system based power trading exchange regulated by the Central Electricity Regulatory Commission (CERC)....Indian Energy Exchange.TypePublicIndustryPower exchangeFounded2008HeadquartersNew Delhi, IndiaProductsElectrical power Energy exchange4 more rows
What is the future of IEX?
Indian Energy Exchange Limited quote is equal to 172.500 INR at 2022-06-17. Based on our forecasts, a long-term increase is expected, the "IEX" stock price prognosis for 2027-06-14 is 772.553 INR. With a 5-year investment, the revenue is expected to be around +347.86%.
Who is the owner of IEX?
Indian Energy Exchange Ltd (IEX) - Company InformationCOMPANY INFORMATIONChairman & Independent Directo :Dinesh Kumar MehrotraManaging Director & CEO :Satyanarayan GoelIndependent Director :Kayyalathu Thomas ChackoIndependent Director :Vallabh Bhanshali14 more rows
Why is IEX price increasing?
High demand amidst low supply On record high MCP during March 2022, IEX said, “The price increase was on account of early onset of summer leading to increased demand for power across all States and low generation from imported coal and gas-based generators due to record high imported coal and gas prices.”
How do I buy shares in IEX?
You can easily buy IEX shares in Groww by creating a demat account and getting the KYC documents verified online.
Is IEX a monopoly?
Currently, it enjoys a monopoly in the energy exchange market. The future growth of the company looks promising. However, the company is highly regulated by Central Electricity Regulatory Commission (CERC), which even controls the pricing for IEX.
Is IEX exchange still in business?
The exchange said that companies would be able to list for free for the first five years, before a flat annual rate of $50,000. On September 23, 2019 it announced it was exiting its listing business. IEX Group, Inc.