Buy Indian Energy Exchange, target price Rs 430: ICICI Direct
ICICI Direct has buy call on Indian Energy Exchange NSE 1.72 % with a target price of Rs 430. The current market price of Indian Energy Exchange Ltd. is Rs 348.9.
Indian Energy Exchange Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 10429.06 Crore) operating in Financial Services sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 96.09 Crore, up 22.09 % from last quarter Total Income of Rs 78.71 Crore and up 38.42 % from last year same quarter Total Income of Rs 69.42 Crore. Company reported net profit after tax of Rs 58.14 Crore in latest quarter.
