Power sector may grow 10X in the coming years due to increase in consumer & industrial damand, data centers, AI compute requirements. 

IEX ltd, which has 84% market share of trading in electricity units for physical delivery of electricity, may benefit hugely.

Why this stock could be your smartest move yet?

The stock is trading close to its five-year median valuation.

Financials: Zero debt, strong cash flows, and industry-leading margins (76% of March 2024).

Product expansion: New products such as India Gas Exchange (IGX) and Indian Carbon Credit Exchange (ICX), and other ventures are unlocking fresh revenue streams, setting the stage for long-term growth.

Growth tailwinds: Positioned at the centre of a booming power industry set to grow at 10X, fueled by market shifts, government policies, and rising demand.

Do you own it?

Dis - Not buy/sell recommendation, this is for education purpose.