IEX - Trading at almost 50% points away from 52 week high

IEX

Indian Energy Exchange (IEX) is the premier electricity exchange in India, which facilitates trading of electricity regulated by the Central Electricity Regulatory Commission


*IEX commands a market share of ~90% in the power exchange market


*The company has a debt free balance sheet with cash & investments to the tune of ~ |340 crore


*Found attractive swing trade/ short term investment opportunity with lower risk ratio


*Buy for the target - 166, 180, 220
Stoploss - 130