Close 2026-08-21 1267 scanned A

IEX

Indian Energy Exchange
Financial ServicesMid capRs 11,020 crRs 36.9 cr traded a day
Close on 2026-08-21
123.70
+0.28%
52-week range22% of the way up
114.75154.78
Market cap
11,020 cr
P/E (TTM)
21.7×
industry 17×
EPS (TTM)
5.69
Revenue YoY
+11.4%
Q1 FY27
Profit YoY
+11.6%
Net margin
85.4%
+0.2pt vs a year ago
Growth trend
-11.2pt
vs last quarter’s YoY
1 month
+1.4%
Below 52w high
25.1%
RSI (14)
28
oversold
Daily swing
1.6%
average true range
Volume
0.3×
vs 20-day average
Traded
Rs 37 cr
median day
Close200-day averageMaterial filing
120140Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move
1 week
−0.84%
1 month
+1.44%
3 months
−2.96%
6 months
−2.99%
1 year
−12.39%

The read

written from the numbers on this page
The evidence is mixed4 supporting, 5 against, 1 worth knowing

Supporting

  • matches long tail above — rejected higher, which has beaten the market by +0.39 points over 20 sessions across 16,308 past signals
  • 3 independent kinds of evidence agree today, which is uncommon
  • revenue grew 11% year on year in the quarter ending 2026-06-30
  • net margin has widened from 80.1% to 85.4% across four quarters

Against

  • trading 4% below its 200-day average
  • down 12% over twelve months
  • 2 of the scans it matches have historically underperformed the market
  • priced at 22× earnings against an industry median of 17× — 27% above its peers
  • futures show a short buildup — new sellers are committing capital

Worth knowing

  • RSI at 28 is washed out — historically the better half of this site's measured edge comes from exactly this condition
What would change this read: a close back above 129, its 200-day average; open interest reversing while price keeps going.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

How it has performed

price return over each window, measured against zero
-0.8%1W+1.4%1M-3.0%3M-3.0%6M-12.4%1Y

What the scans say today

4 of 47 matched on 2026-08-21
IEX matches 4 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

Valuation against its own history

500 sessions since 2024-09-06
22×
median 28×
49×
now 22×
IEX trades at 22× trailing earnings, below its median of 28× over this window — 22% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362) · Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
13913214214215414617415877.7%74.5%85.4%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 11% against the same quarter a year earlier
  • profit rose 12% year on year
  • net margin widened from 74.5% to 85.4%

Going against it

  • nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
2026-06-30 · consolidated
1581691351.5285.4%
Q4 FY26
2026-03-31 · consolidated
1741651301.4574.5%
Q3 FY26
2025-12-31 · consolidated
1461531191.3481.8%
Q2 FY26
2025-09-30 · consolidated
1541571231.3980.1%
Q1 FY26
2025-06-30 · consolidated
1421521211.3685.1%
Q4 FY25
2025-03-31 · consolidated
1421481171.3282.3%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-0.8%
Versus 200-day average-3.8%
Below 52-week high-20.1%
Above 52-week low+7.8%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)28.5
Higher closes in last 53 of 5
Six-month return−2.99%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)1.61%
Volume versus 20-day0.3x
Median daily turnoverRs 36.9 cr

Derivatives

near expiry 2026-08-25 · 2026-08-20
Short Buildup
Price down, open interest up. New sellers are committing capital. The most common state in a falling tape, and the one that unwinds hardest if it turns.
Futures basis versus spot+0.30%
Open interest change+1.6%
Put / call ratio0.58
Put wall (support)125
Call wall (resistance)130
Max pain128
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.

Peers

Financial Services · 116 classified companies
IEX trades at 21.7× trailing earnings against an industry median of 17.2× across 98 other classified companies in its industry — more expensive than them, by 27%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
HDFCBANK1,119,59813.8−2.72%−23.03%1,892.2
ICICIBANK1,018,80717.1−1.02%+1.85%1,533.6
SBIN968,01311.3+3.57%+30.45%918.6
BAJFINANCE681,18933.0+5.31%+23.02%738.2
KOTAKBANK400,65319.5+5.07%+3.68%372.3
AXISBANK387,54313.9+1.86%+17.95%718.6
SHRIRAMFIN265,87821.7+10.16%+93.29%425.4
JIOFIN161,11778.0+4.65%−21.73%340.3
CHOLAFIN158,89627.6+8.48%+30.15%252.3
TATACAP153,945+6.91%51.2
UNIONBANK140,0396.9+8.94%+43.70%181.3
IEX11,02021.7+1.44%−12.39%36.9
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
2026-08-212Lost the 200-day line, Tightest range in 4 days
2026-08-181Lost the 200-day line