IEX Shares

In July 2024, the Indian Energy Exchange (IEX) set a new record with the highest total trading volume, including certificates, reaching 13,250 MU. The figure marks an approximately 56% increase Y-o-Y.

IEX witnessed a substantial increase in price in the last couple of trading sessions from the 21 DEMA on the daily chart.

The rise in the share price came after IEX announced a strong Q1 power market update

The electricity volumes at 9,568 MU, increased 21 per cent Y-o-Y and the renewable energy certificates (REC) at 1,055 MU, increased 640.3 per cent Y-o-Y, Indian Energy Exchange said

The Indian Energy Exchange (IEX) posted 14.1 per cent growth in its overall trade volume at 9,044 million units in April as compared to the year-ago period. The exchange achieved 7,928 MU overall trade volume in April 2023, including green market trade of 280 MU, 1.99 lakh RECs (renewable energy certificates equivalent to 199 MU) and 1.23 lakh ESCerts (energy savings certificates equivalent to 123 MU), as per IEX data. RECs at 618 MU increased 211 per cent YoY (year-on-year). At Rs 204 per certificate, the REC market recorded an all-time low price in the trading session held on April 24, 2024, a statement said. REC prices declined 80 per cent YoY. These prices provide an opportunity to obligated consumers to meet their Renewable Purchase Obligations, and voluntary customers to meet their sustainability aspirations. The Market Clearing Price in Day Ahead Market (DAM) during April 2024 at Rs 5.1/unit reduced approximately 6 per cent year-on-year. The sell bids on the exchange (Day

According to the data for October published by GRID-India, the country's energy consumption jumped 22 per cent to 139 billion units as compared to that in 2022

The Indian Energy Exchange's (IEX) total trade volume rose 19 per cent year-on-year to 8,522 million units (MU) in July. The power exchange had achieved 7,151 MU trade volume in July 2022. "IEX achieved 8,522 MU overall volume in July 2023, including green market trade of 275 MU, 6.24 Lakh RECs (equivalent to 624 MU) and 70,222 ESCerts (equivalent to 70 MU)," an IEX statement said The supply scenario continued to ease during the month due to robust coal production, reduction in prices of e-auction coal and imported fuel. In the coming months, higher liquidity is expected to result in more competitive prices on the exchanges, giving further optimisation opportunities to discoms and Open Access consumers. The Day-Ahead Market (DAM) volume increased to 3,976 MU in July 2023, from 3,547 MU in July 2022, growing 12 per cent YoY on IEX. The average market clearing price was Rs 4.55 per unit during the month, lower by 16 per cent over the corresponding month last year. The Real-Time ...

Shares of Indian Energy Exchange (IEX) plunged more than 10% on Friday on fears that the implementation of 'market coupling' norms will make a dent into revenues

Indian Energy Exchange (IEX) has registered a 24 per cent growth in trade volume to 9,035 million units (MU) in December across all market segments.

The stock of Apollo Pipes hit a record high of Rs 680.05 (adjusted to bonus share) and rallied 17 per cent in intra-day trades today.

But with a trailing PE of 90 the stock is now a momentum trade

Indian Energy Exchange (IEX) witnessed 41 per cent increase in transaction revenue

Shares of Indian Energy Exchange (IEX) ended 1.5 per cent lower over its issue price during their stock market debut on Monday. The stock had dropped as much as nine per cent, however, managed to recoup most of the losses. The stock ended at Rs 1,625 compared to initial public offer (IPO) price of Rs 1,650. It hit a low of Rs 1,500 and a high of Rs 1,660 on the National Stock Exchange (NSE), where Rs 540 crore worth of shares got traded. IEX is India's largest power trading exchange. Market players said the stock rebounded from the day's low on the back of buying by overseas investors. Foreign portfolio investors (FPIs) were not allowed to buy shares of the company in the IPO due to India's foreign direct investment (FDI) policy. As per the FDI policy, FPIs are only allowed buy shares of a power trading exchange in the secondary market. Interestingly, IEX had to cancel allotment made to FPI investors in the anchor category. It had finalised allotment of shares worth Rs 300 crore in ...