Indian Energy Exchange is currently trading at Rs. 194.60, up by 0.40 points or 0.21% from its previous closing of Rs. 194.20 on the BSE.
The scrip opened at Rs. 195.15 and has touched a high and low of Rs. 196.50 and Rs. 193.20 respectively. So far 14666 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 219.05 on 16-Sep-2020 and a 52 week low of Rs. 111.05 on 23-Mar-2020.
Last one week high and low of the scrip stood at Rs. 203.20 and Rs. 192.30 respectively. The current market cap of the company is Rs. 5817.39 crore.
The Institutions and Non-Institutions holding in the company stood at 65.29% and 34.71% respectively.
Indian Energy Exchange (IEX) has recorded 13.2% rise in electricity sales to16,486 million units (MU) in the September quarter, as power demand accelerated and returned to pre-COVID levels. The second quarter witnessed a sharp recovery in industrial activities and electricity consumption, owing to easing of the lockdown restrictions across the country. The electricity volumes on the exchange witnessed an increase of 13.2 per cent Y-o-Y (year-on-year) in Q2FY21 (July-September 2020) and stood at 16,486 MU as compared to 14,560 MU in Q2FY20 (July-September 2019).
The second quarter initially saw a slump in manufacturing due to re-lockdowns in a few states, however, the industrial activity picked up momentum in August and September.
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.