IEX - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | IEX | Market Cap | 11,163 Cr. | Current Price | 125 ₹ | High / Low | 215 ₹ |
| Stock P/E | 23.6 | Book Value | 14.6 ₹ | Dividend Yield | 2.80 % | ROCE | 51.8 % |
| ROE | 39.4 % | Face Value | 1.00 ₹ | DMA 50 | 126 ₹ | DMA 200 | 140 ₹ |
| Chg in FII Hold | 2.74 % | Chg in DII Hold | -4.69 % | PAT Qtr | 124 Cr. | PAT Prev Qtr | 115 Cr. |
| RSI | 48.8 | MACD | 0.50 | Volume | 54,08,816 | Avg Vol 1Wk | 95,91,099 |
| Low price | 114 ₹ | High price | 215 ₹ | PEG Ratio | 1.20 | Debt to equity | 0.01 |
| 52w Index | 10.6 % | Qtr Profit Var | 10.7 % | EPS | 5.31 ₹ | Industry PE | 68.0 |
📉 IEX is trading near its 50 DMA (₹126) but below the 200 DMA (₹140), showing short-term support but medium-term weakness. RSI at 48.8 indicates neutral momentum, while MACD at 0.50 suggests mild bullish crossover. Bollinger Bands show price near mid-range, reflecting consolidation. Current volume (54 lakh) is below average (95 lakh), highlighting reduced participation.
🔑 Short-term momentum signals: Mild bullish bias, but sustainability depends on reclaiming ₹130–₹135 zone.
🎯 Entry Zone: ₹120–₹125 (support region)
🚪 Exit Zone: ₹135–₹140 (resistance region)
📊 Trend Status: Consolidating with weak bullish tilt
Positive
- Strong ROCE (51.8%) and ROE (39.4%) highlight operational efficiency
- Debt-to-equity ratio at 0.01 indicates virtually debt-free balance sheet
- Dividend yield of 2.80% provides steady income
- Quarterly PAT growth (+10.7%) shows earnings momentum
- FII holdings increased (+2.74%), showing foreign investor confidence
Limitation
- Price trading below 200 DMA (₹140), showing medium-term weakness
- PEG ratio at 1.20 indicates moderate valuation stretch
- Volume below average, limiting breakout potential
- DII holdings decreased (-4.69%), showing reduced domestic support
Company Negative News
- Decline in DII holdings (-4.69%)
- Price struggling to sustain above long-term averages
Company Positive News
- Quarterly PAT improved from ₹115 Cr. to ₹124 Cr.
- FII inflows (+2.74%) support investor confidence
- Dividend yield at 2.80% adds income cushion
Industry
- Industry PE at 68.0 highlights sector trading at premium valuations
- Power exchange sector benefiting from rising electricity demand and market liberalization
Conclusion
⚖️ IEX shows strong fundamentals with high ROE, ROCE, and dividend yield, but technicals remain weak with price below 200 DMA and low volume. Entry near ₹120–₹125 offers tactical opportunity, with profit booking around ₹135–₹140. Trend remains consolidative with mild bullish tilt, requiring breakout above 200 DMA for sustained upside momentum.
Would you like me to extend this into a swing-trade overlay comparing IEX against peers like Power Grid, NTPC, and Adani Energy Solutions to highlight sector-relative strength and positioning?