Page 3 - Iex

MCX, IEX: Two stocks that Anand Rathi's Osho Krishan is bullish on

IEX is in a secular uptrend and is highly poised to test the uncharted territory

Average spot power price up 10% to Rs 2.83 per unit in May at IEX

The average spot power price in DAM at IEX was Rs 3.34 per unit in May, 2019.

Indian Energy Exchange gains 5% on strong business update for April

The day-ahead market traded 5,699 MU volume in April 2021, achieving a significant 54 per cent YoY growth

IEX offloads 26% stake in Indian Gas Exchange to NSE, 5% to ONGC

IGX has a robust ecosystem of more than 6,500 market participants which include all distribution utilities in the country, major power generators as well as over 4,500 open access consumers

Stocks to watch: RIL, YES Bank, Vedanta, HDFC Bank, SBI Card, Biocon

SBI Cards and Payment Services reported nearly 52 per cent dip in its net profit to Rs 210 crore in the third quarter ended December 2020

IEX records 13.2% growth in electricity sales in September quarter

Paddy procurement is up 26 per cent so far this year, from 8.488 million tonnes in the correspo­nding period of KMS 2019-20.

Average spot power price dips nearly 3% to Rs 2.69 per unit in September

The average spot power price fell by 3 per cent to Rs 2.69 per unit in September as compared to the year-ago period on the Indian Energy Exchange (IEX) mainly due to ample supply

A first in India as IEX gets the go-ahead for green energy trading

Exchange will offer trade in four types of 'green term-ahead' contracts; it already has a platform for trading of Renewable Energy Certificates

Average spot power price falls 27% to Rs 2.47 per unit in July on IEX

Attractive price continued to ensure significant savings to distribution companies and industries during this time.

IEX clocks 15% growth in electricity sales volumes in June quarter

The sale of power volume grew 14.5% to 14,878 million units at the Indian Energy Exchange in June quarter as compared to 12,990 million units in the same period last year, the official data showed

IEX plans to acquire 15% stake in Reliance ADAG platform ICEX

ICEX which offers futures trading in commodities which include rubber, diamond and basmati paddy among others, will issue new shares to IEX

IEX to launch trading platform Indian Gas Exchange; norms yet to be framed

IGX will be offering a spot contract for the day ahead market, which means gas will be physically delivered the next day

IEX eyes new tech-based opportunities for next level of efficiency

IEX is the biggest player in spot energy trading with a share of 97 per cent, and with participation of over 6,500 players

IEX cancels anchor allotment to overseas investors

IEX finalised allotment of shares worth Rs 300 cr in the anchor category to clutch of domestic, overseas investors

Power trade rises 7%, avg price stays at Rs 2.31 at IEX in June

With easing of transmission congestion, average area clearing price, at which settlement takes place, varied from Rs 2.23 to Rs 2.61 across regions