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Indian Energy Exchange is currently trading at Rs. 151.95, up by 5.45 points or 3.72% from its previous closing of Rs. 146.50 on the BSE.
The scrip opened at Rs. 149.15 and has touched a high and low of Rs. 153.40 and Rs. 148.05 respectively. So far 1058417 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 173.30 on 01-Jan-2024 and a 52 week low of Rs. 116.05 on 09-Jun-2023.
Last one week high and low of the scrip stood at Rs. 153.40 and Rs. 144.85 respectively. The current market cap of the company is Rs. 13589.40 crore.
The Institutions and Non-Institutions held 39.71% and 60.29%, stake in the company respectively.
Indian Energy Exchange (IEX) has achieved the highest ever total volumes in January 2024, reaching 10,893 million units (MU) - marking a 26.1% year-over-year increase. This volume comprises of 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) (equivalent to 1,520 MU).
According to government data published in January 2024, the country's energy consumption reached 133.8 BUs, representing a 6% increase on a year-on-year basis. The Market Clearing Price in Day Ahead Market during January 2024 was Rs 5.83/unit, down approximately 6% year-on-year, due to easing supply side constraints. Increased electricity consumption coupled with easing supply side constraints led to an increase in the volumes of electricity traded on the Exchange which is expected to continue going forward.
IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and certificates including renewable energy certificates as well as the energy saving certificates.
| Company Name | CMP |
|---|---|
| NTPC | 365.40 |
| Tata Power | 436.30 |
| Power Grid Corp | 313.35 |
| Adani Power | 635.75 |
| Torrent Power | 1382.10 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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