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Dalmia Cement buys shares worth Rs 98 crore of IEX

11 Sep 2020 Evaluate

Dalmia Cement (Bharat) has purchased shares of Indian Energy Exchange (IEX) worth nearly Rs 98 crore through open market transaction. As per the bulk deal data on BSE, over 51.49 lakh scrips of the firm were picked up by Dalmia Cement (Bharat) at Rs 190.1 per share.

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.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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