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Jefferies Sticks to Their Sell Rating for Indian Energy Exchange Ltd. (IEX)
Jefferies Sticks to Their Sell Rating for Indian Energy Exchange Ltd. (IEX)

Business Insider

time4 days ago

  • Business
  • Business Insider

Jefferies Sticks to Their Sell Rating for Indian Energy Exchange Ltd. (IEX)

In a report released today, Lavina Quadros from Jefferies maintained a Sell rating on Indian Energy Exchange Ltd., with a price target of INR105.00. The company's shares closed last Friday at INR144.80. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Quadros is a 4-star analyst with an average return of 13.4% and a 62.50% success rate. Quadros covers the Energy sector, focusing on stocks such as NTPC Limited, Adani Energy Solutions Ltd, and Adani Green Energy Limited. Indian Energy Exchange Ltd. has an analyst consensus of Moderate Sell, with a price target consensus of INR132.50. Based on Indian Energy Exchange Ltd.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR1.75 billion and a net profit of INR1.17 billion. In comparison, last year the company earned a revenue of INR1.21 billion and had a net profit of INR966.86 million

Jefferies Sticks to Its Sell Rating for Indian Energy Exchange Ltd. (IEX)
Jefferies Sticks to Its Sell Rating for Indian Energy Exchange Ltd. (IEX)

Business Insider

time28-06-2025

  • Business
  • Business Insider

Jefferies Sticks to Its Sell Rating for Indian Energy Exchange Ltd. (IEX)

Jefferies analyst Lavina Quadros maintained a Sell rating on Indian Energy Exchange Ltd. (IEX – Research Report) yesterday and set a price target of INR150.00. The company's shares closed yesterday at INR189.28. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Quadros covers the Energy sector, focusing on stocks such as NTPC Limited, Adani Energy Solutions Ltd, and Adani Green Energy Limited. According to TipRanks, Quadros has an average return of 16.2% and a 54.55% success rate on recommended stocks. Currently, the analyst consensus on Indian Energy Exchange Ltd. is a Hold with an average price target of INR218.50. Based on Indian Energy Exchange Ltd.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR1.75 billion and a net profit of INR1.17 billion. In comparison, last year the company earned a revenue of INR1.21 billion and had a net profit of INR966.86 million

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