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INDIAN ENERGY EXCHANGE LIMITEDINDIAN ENERGY EXCHANGE LIMITEDINDIAN ENERGY EXCHANGE LIMITED

INDIAN ENERGY EXCHANGE LIMITED

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IEX trade ideas

IEX:- LONG-TERM VIEW There is a lot of talk going on behind IEX As it has corrected more than 60 percent from top. There are two many reasons behind that. But this is a fundamentally good stock and think it's time to start accumulating the Stock for a long time, A pe come down to 40 from 100 and EPS is around 3.5 (2% growth from last quarter ) Public holding is increasing and fiFIIi is decreasing which is not a good sign but I am buying for the long term, like the insurance market power exchange is a huge expansion potential as only 6-7 percent of electricity is traded electronically. in comparison to developing countries, where power traded in exchange is around 30-50 percent. some of the following reasons for buying (source: money control) Growth in Quarterly Net Profit with increasing Profit Margin (YoY) Company with No Debt The strong cash-generating ability from core business - Improving Cash Flow from operation for the last 2 years A company able to generate Net Cash - Improving Net Cash Flow for the last 2 years Annual Net Profits improving for the last 2 years ps:- I started accumulating around 140 but with a very small quantity in a SEP manner. this is not a recommendation. Do your research before taking a trade.
NSE:IEXLong
by ASHWINIKUMAR2101