Saturday, March 27, 2021

Indian Energy Exchange spurts as its arm introduces new features to enhance ease of trade

Indian Energy Exchange is currently trading at Rs. 339.65, up by 6.80 points or 2.04% from its previous closing of Rs. 332.85 on the BSE.

The scrip opened at Rs. 344.80 and has touched a high and low of Rs. 347.05 and Rs. 335.65 respectively. So far 88191 shares were traded on the counter.


The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 392.45 on 19-Mar-2021 and a 52 week low of Rs. 120.05 on 26-Mar-2020.

Last one week high and low of the scrip stood at Rs. 388.10 and Rs. 328.80 respectively. The current market cap of the company is Rs. 10187.92 crore.

The Institutions holding in the company stood at 66.24%, while Non-Institutions held 33.76%.

Indian Energy Exchange’s (IEX) wholly owned subsidiary -- Indian Gas Exchange (IGX) has introduced market-friendly features including improved auction methodology aimed at enhancing the ease of trade for market participants.

The move is aimed at enhancing ease of trade for market participants and allowing them the price and volume visibility across hubs. The new trading features would encourage greater participation on the Exchange and help to build gas markets.

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.

Get watch our process Click here Ideal Stock Investment , daily call profit, Market News, Fill Our ask an Expert form.

No comments:

Post a Comment

Yes Bank at Rs 11 or Rs 30? Here's the stock outlook after 50% rally in two months

  Market experts expect that both investors to bring in vast experience and expertise in the financial domain to handhold Yes Bank for its n...