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Indian Energy Exchange Ltd drops for fifth straight session

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Capital Market
Last Updated : Jan 20 2023 | 1:50 PM IST

Indian Energy Exchange Ltd is quoting at Rs 137.9, down 0.43% on the day as on 13:19 IST on the NSE. The stock tumbled 45.21% in last one year as compared to a 2.76% rally in NIFTY and a 4.37% spurt in the Nifty Energy index.

Indian Energy Exchange Ltd is down for a fifth straight session today. The stock is quoting at Rs 137.9, down 0.43% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 18104.2. The Sensex is at 60848.05, down 0.02%.Indian Energy Exchange Ltd has eased around 2.27% in last one month.Meanwhile, Nifty Energy index of which Indian Energy Exchange Ltd is a constituent, has eased around 0.47% in last one month and is currently quoting at 18739.7, up 0.52% on the day. The volume in the stock stood at 14.06 lakh shares today, compared to the daily average of 32.73 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 137.75, down 0.51% on the day. Indian Energy Exchange Ltd tumbled 45.21% in last one year as compared to a 2.76% rally in NIFTY and a 4.37% spurt in the Nifty Energy index.

The PE of the stock is 41.58 based on TTM earnings ending September 22.

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First Published: Jan 20 2023 | 1:35 PM IST

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