Indian Energy Exchange is currently trading at Rs. 182.30, up by 2.65 points or 1.48% from its previous closing of Rs. 179.65 on the BSE.
The scrip opened at Rs. 181.75 and has touched a high and low of Rs. 189.85 and Rs. 180.90 respectively. So far 30248 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 203.40 on 25-Feb-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. 199.00 and Rs. 177.25 respectively. The current market cap of the company is Rs. 5466.91 crore.
The Institutions and Non-Institutions held 63.26% and 36.74%, stake in the company respectively.
Indian Energy Exchange’s (IEX) Real Time Electricity Market has accomplished volume of 515.46 MU in the first month of launch. To help the market commence on a great start, the Exchange over last few months, engaged with distribution utilities, power generators as well as commercial and industrial consumers and assisted the stakeholders through capacity building sessions as well as provided technology applications and tools. A total of 237 customers participated in the new market segment during the first month.
Another key highlight of the newly commenced market segment was the single day highest volume of 36.09 MU on June 30, 2020 when 110 customers participated in the various auction sessions held over a day.
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.
