Can I invest in IEX?

Posted on By Snappy1

Can I invest in IEX?

It operates in a high growth market and has managed to deliver strong top-line growth over the last five years. The stock is expected to deliver good returns on the back of strong fundamentals and handsome margins. We recommend buying with a price target of Rs 325.2021-12-29

What is IEX business model?

IEX operates a day-ahead market based on closed auctions with double-sided bidding and uniform pricing; it has over 3,800 registered clients, over 300 private generators and more than 3,300 industrial electricity consumers.

How does IEX make profit?

IEX will earn a cut of the revenue the industry generates from market data. It can also list publicly traded stocks, collecting a fee from the companies it lists. Katsuyama said IEX would seek to steal already-listed corporations from other exchanges instead of luring initial public offerings.

What does IEX cloud do?

IEX Cloud takes care of all aspects of delivering your data to customers: managing and scaling the API, tracking usage, billing customers, and all the other overhead.

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.2021-09-21

What is IEX and how it works?

Indian Energy Exchange pioneered the development of power trading in India and provides an electronic platform to the various participants in power market, comprising State Electricity Boards, Power producers, Power Traders and Open Access Consumers (both Industrial & Commercial).

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What is IEX mission?

Our Mission. IEX Group was founded in 2012 with a simple mission: build fairer markets. The company started by building a new stock exchange the Investors Exchange that aims to level the playing field for long-term investors such as mutual funds and pension funds that represent the savings of millions of people.

Is IEX is govt or private?

The Exchange is a publicly listed company with NSE and BSE since October 2017.

Who can trade on IEX?

Does one need to be a Member to transact? Not necessarily. Even if you are not a Member, you can transact through a Member, i.e. by becoming a Client of a Member. Members, however, can trade and clear directly on their behalf as well as on behalf of their Clients.

What is IEX platform?

About Us. Indian Energy Exchange is India’s premier energy marketplace, providing a nationwide automated trading platform for the physical delivery of electricity, renewables, and certificates.

Is IEX cloud good?

With different types of data though, and one of the cheapest alternatives, IEX Cloud is a solid up and coming platform that keeps getting better and better, and is apart of one of the (in my opinion) best exchanges in the country, with a mission to keep the markets fair.

What is the target of IEX?

key Products/Revenue Segments include Sale of services and Other Operating Revenue for the year ending 31-Mar-2021. ICICI Direct has buy call on Indian Energy Exchange with a target price of Rs 248. The current market price of Indian Energy Exchange is Rs 225.25.2022-03-28

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Who owns IEX India?

IEX is the largest exchange for the trading of a range of electricity products in India. The company was promoted by Financial Technologies (India) Ltd (“FTIL”)(now known as 63 Moons Technologies Ltd) and PTC India Financial Services Ltd (“PFS”).

Is it good to invest in IEX?

Indian Energy Exchange It operates in a high growth market and has managed to deliver strong top-line growth over the last five years. The stock is expected to deliver good returns on the back of strong fundamentals and handsome margins. We recommend buying with a price target of Rs 325.2021-12-29

Who are the customers of IEX?

It also has a strong base of 4400+ commercial and industrial consumers representing industries such as such as metal, food processing, textile, cement, ceramic, chemicals, automobiles, information technology industries, institutional, housing, and real estate, and commercial entities.

How does IEX exchange work?

It is a place where participants can buy and sell energy through a double-sided closed auction process. State Electricity Boards, power-producing companies, power transmission companies, and power traders that have a huge capital trade on IEX.2021-01-08

What is the target of IEX share?

IEX share price: Buy Indian Energy Exchange, target price Rs 248: ICICI Direct – The Economic Times.2022-03-28

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