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IEX jumps on logging 26% rise in total volume in January 2024

06 Feb 2024 Evaluate

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.


Indian Energy Exch Share Price

135.65 1.35 (1.01%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
View more..

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