Momentuminvesting5540

Indian Energy Exchange Ltd |The Next Multibagger

Long
NSE:IEX   INDIAN ENERGY EXCH
Indian Energy Exchange Ltd |The Next Multibagger

Incorporated in 2007, Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity

Financial: Excellent
Market Cap = 14,980 Cr. ROCE = 51.8 % ROE = 39.4 %

Debt to equity = 0.01 Quick ratio = 1.47 Current ratio = 1.47

Piotroski score = 4.00 Profit Var 3Yrs = 20.3 % Sales growth 3Years = 16.0 %

This stock is technically strong bullish candidate. RSI is now entering momentum zone.
since long time it was consolidated and now its seems over and big player enter in this stock.

Gem: Do not enter in stock randomly. wait for stock momentum and then participate. yo will see stock moves fast than normal speed.

Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.

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