Indian Energy Exchange is currently trading at Rs. 122.90, up by 2.20 points or 1.82% from its previous closing of Rs. 120.70 on the BSE.
The scrip opened at Rs. 121.25 and has touched a high and low of Rs. 123.20 and Rs. 121.00 respectively. So far 7792 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 178.00 on 09-Nov-2018 and a 52 week low of Rs. 112.00 on 13-Sep-2019.
Last one week high and low of the scrip stood at Rs. 123.30 and Rs. 116.05 respectively. The current market cap of the company is Rs. 3615.65 crore.
The Institutions and Non-Institutions holding in the company stood at 53.25% and 46.75% respectively.
Indian Energy Exchange (IEX) has received approval for incorporation of a wholly owned subsidiary (WOS) company in India to undertake the business of developing a gas exchange for transacting, clearing and settling trades in various types of gas based contracts including all other forms/types of energy, with an initial investment upto Rs 10 crore in the form of subscribed and paid-up capital. The Board of Directors of the company at their meeting held on September 18, 2019, approved the same
IEX is India’s first and no. 1 electricity exchange. It is a transparent, neutral, demutualised, nationwide, automated, online electricity trading platform. It enables efficient price discovery and price risk management for participants of the electricity market including industries eligible for open access through anonymous platform.