Ten Bagger

Indian Energy Exchange Limited I bumped upon this company today while I was researching the Power sector related stocks.  At the outset, I like the methodology or core business that it deals with.  An Exchange or a Platform where Electricity is TRADED It took some amount of googling to understand this better... Though I first heard about this, when I was an expat in Chile, one of the pioneers in Energy Sector reformation.  Took a tour of their official site Check this:  https://www.iexindia.com/Default.aspx Checked the stock price and other its technicals..  Share Price:  https://www.moneycontrol.com/india/stockpricequote/diversified/indianenergyexchange/IEE At the outset, my observations are,  It has recovered quick from the Covid-19 low of March 25th and it has gained its pre Covid-19 valuation.  P/E ratio looks over rated 31.33 EPS - 5.94 The P/E ratio, we can't consider in its face value as high.. because we don't have much competitors in this space and therefore comparison