Indian Energy Exchange Ltd

IIAN.IN

$1.61

Closing

▲0.60%

1D

▼-20.03%

YTD

Market cap

$1.43B

52 week high

$2.08

52 week low

$1.39

Volume

7,320,353

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Market cap

$1.43B

Analysts' Rating

SELL

Price Target (Mean)

Unable to collect data for some field(s).

Total Analysts

1

P/E

35.03

Operating Margin

80.06%

Beta

1.02

Revenue Growth (Annual)

-11.65%

52 week high

$2.08

52 week low

$1.39

Div. Yield

0.93%

EPS Annual Growth

0.00

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Indian Energy Exchange Limited is an India-based company that is engaged in providing an automated trading platform for the physical delivery of electricity, renewables, and certificates. It offers various trade markets, such as the electricity market, green market, and certificates. The electricity market includes day-ahead market, term ahead market, real-time market, and cross border electricity trade. The green market includes green term ahead market and green day-ahead market. The certificate market includes renewable energy certificates and energy-saving certificates. Its products include day-ahead market, green day-ahead market (G-Dam), term-ahead market, real-time market, green term ahead market, REC market, ESCERTS market, trading calendar, clearing holidays, weekly regional loss. Buyers and sellers electronically submit bids during the market session and the matching of bids is done on a double-sided closed auction mechanism with a uniform market clearing price.