AgenciesMotilal Oswal has buy call on Indian Energy Exchange with a target price of Rs 255. The current market price of Indian Energy Exchange Ltd. is Rs 220.4.
Indian Energy Exchange Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 6630.68 Crore) operating in Financial Services sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 70.92 Crore, up 4.47 % from last quarter Sales of Rs 67.88 Crore and up 5.14 % from last year same quarter Sales of Rs 67.45 Crore Company reported net profit after tax of Rs 44.33 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of Sept30, 2020, while FIIs held 30.6 per cent, DIIs 35.1 and public and others 34.3 per cent.
Indian Energy Exchange Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 6630.68 Crore) operating in Financial Services sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 70.92 Crore, up 4.47 % from last quarter Sales of Rs 67.88 Crore and up 5.14 % from last year same quarter Sales of Rs 67.45 Crore Company reported net profit after tax of Rs 44.33 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of Sept30, 2020, while FIIs held 30.6 per cent, DIIs 35.1 and public and others 34.3 per cent.
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