Indian Energy Exchange Ltd Share Price (IEX)

Indian Energy Exchange DAM Prices Remain Range-Bound - 13 Apr, 2024

The average market clearing price for the Indian Energy Exchange's DAM segment in March was Rs 3.91 per unit, down by 28% from last year. In April, the average price discovered so far is around Rs 5 per unit for DAM and Rs 4.6 per unit for RTM.

Indian Energy Exchange Reports Strong Q3 Results; Retail Investors Benefit from Increase in Holdings Value - 09 Apr, 2024

Indian Energy Exchange (NSE:IEX) reports strong Q3 results with an 18.9% YoY increase in net profit to Rs 91.8 crore and a 15% growth in revenue to Rs 115.3 crore. Volumes grew 13% over the previous year to 102 BU in FY24. Retail investors and institutions benefited from an increase in holdings value as market cap touched ₹129b.

Indian Energy Exchange Logs Record Trade Volume in FY24 - 05 Apr, 2024

The Indian Energy Exchange (IEX) achieved its highest-ever trade volume of 110 billion units in FY24, registering an increase of 13.8% YoY. Additionally, Prabhudas Lilladher has issued a buy call on the stock with a target price of Rs 175, while the company reported a consolidated total income of Rs 141.22 crore for Q3-FY24.

Indian Energy Exchange Achieves Record Trade Volume - 04 Apr, 2024

Indian Energy Exchange (IEX) achieved a record trade volume of 110 billion units (BU) in the fiscal year 2023-24, registering a growth of nearly 14%. Additionally, IEX reported an increase in sell liquidity and a decline in day ahead market prices due to favourable policy interventions.

SEBI exempts FPIs from additional disclosures for concentrated control - 16 Mar, 2024

SEBI has exempted foreign portfolio investors (FPIs) from making additional disclosures related to corporate groups if they have already parked 50% of their total assets under management in India, subject to certain conditions. This move is aimed at addressing concerns over concentrated control, especially in companies without identifiable promoters like Indian Energy Exchange Ltd.