IEX Stock: Buy on Indian Energy Exchange, Target Price Rs 175: Prabhudas Lilladher
Established in 2007, Indian Energy Exchange Ltd. is a mid-cap company (Market Capitalization Rs 12911.71 Crore) operating in the Financial Services sector.
Indian Energy Exchange Ltd. Key products/revenue segments include services sales and other operating revenue for the year ended March 31, 2023;
finance
For the quarter ended December 31, 2023, the company reported consolidated total income of Rs 141.22 Crore, which is 6.20% higher than total income of Rs 132.97 Crore in the previous quarter and 20.34% higher than total income of Rs 117.35 Crore in the same quarter last year. no see. The company reported a net profit after tax of Rs 88.33 Crore in the latest quarter.
Promoter/FII Holdings
The promoters hold 0% stake in the company as on December 31, 2023, while FIIs own 13.37% and DIIs own 26.34%.
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