Company Profile

INDIAN ENERGY EXCHANGE LTD.

NSE : IEXBSE : 540750ISIN CODE : INE022Q01020Industry : Power Generation/DistributionHouse : Private
BSE187.854 (+2.18 % )
PREV CLOSE (Rs.) 183.85
OPEN PRICE (Rs.) 185.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 17834
TODAY'S LOW / HIGH (Rs.)183.90 189.85
52 WK LOW / HIGH (Rs.)111.05 203.4
NSE187.85 4 (+2.18 % )
PREV CLOSE(Rs.) 183.85
OPEN PRICE (Rs.) 183.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 187.85 (1118 )
VOLUME 516400
TODAY'S LOW / HIGH(Rs.) 183.85 190.00
52 WK LOW / HIGH (Rs.)112.05 203.9

Company News

Date Heading Details
01-Jul-2020 IEX's real time electricity market trades 515.46 MU volume in first month launch <p align="justify">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. </p><p align="justify">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.</p><p align="justify">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.<br></p>
01-Jul-2020 IEX rises as its real time electricity market trades 515.46 MU volume in first month launch <div align="justify">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.<br></div><div align="justify"><br></div><div align="justify">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.<br><br></div><div align="justify">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.<br><br></div><div align="justify">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.<br><br></div><div align="justify">The Institutions and Non-Institutions held 63.26% and 36.74%, stake in the company respectively.</div><div align="justify"><br></div><div align="justify">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. <br><br></div><div align="justify">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.<br><br></div><div align="justify">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.<br></div>
16-Jun-2020 IEX launches first nationwide online delivery-based gas trading platform ‘IGX' <p align="justify">Indian Energy Exchange (IEX) has launched Indian Gas Exchange (IGX), first nationwide online delivery-based gas trading platform. The platform is fully automated with web-based interface to provide seamless trading experience to the customers and is powered by best-in-class technology from GMEX, one of the world's leading digital exchange trading and post trade technology providers. Incorporated as a wholly owned subsidiary of the IEX - India's leading energy market platform, IGX will enable market participants to trade in standardised gas contracts.</p><p align="justify">IEX is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity, Renewable Energy Certificates and Energy Saving Certificates.<br></p>
16-Jun-2020 IEX spurts on launching first nationwide online delivery-based gas trading platform ‘IGX' <div align="justify">Indian Energy Exchange is currently trading at Rs. 184.20, up by 5.90 points or 3.31% from its previous closing of Rs. 178.30 on the BSE.<br></div><div align="justify"><br></div><div align="justify">The scrip opened at Rs. 185.00 and has touched a high and low of Rs. 186.00 and Rs. 182.00 respectively. So far 18282 shares were traded on the counter.<br><br></div><div align="justify">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.<br><br></div><div align="justify">Last one week high and low of the scrip stood at Rs. 186.00 and Rs. 167.30 respectively. The current market cap of the company is Rs. 5489.37 crore.<br><br></div><div align="justify">The Institutions and Non-Institutions held 63.26% and 36.74%, stake in the company respectively.</div><div align="justify"><br>Indian Energy Exchange (IEX) has launched Indian Gas Exchange (IGX), first nationwide online delivery-based gas trading platform. The platform is fully automated with web-based interface to provide seamless trading experience to the customers and is powered by best-in-class technology from GMEX, one of the world's leading digital exchange trading and post trade technology providers. Incorporated as a wholly owned subsidiary of the IEX - India's leading energy market platform, IGX will enable market participants to trade in standardised gas contracts.<br><br></div><div align="justify">IEX is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity, Renewable Energy Certificates and Energy Saving Certificates.<br></div>
15-Jun-2020 Indian Energy Exchange informs about press release <P align=justify>Indian Energy Exchange has informed that the Press Release for the company on 'IEX launches Indias First gas trading platform to transform the Indian gas Market'. The above information will also be made available on the website of the Company: www.iexindia.com.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.<BR>
03-Jun-2020 Indian Energy Exchange informs about media release <P align=justify>Indian Energy Exchange has informed that it has enclosed&nbsp;a Media Release on&nbsp;3rd June 2020 regarding ‘Power Market Update for May 2020'. The above information will also be made available on the website of the Company: www.iexindia.com<P align=justify>The above information is a part of company's filings submitted to BSE.<P><BR><P><BR>
02-Jun-2020 IEX trades 3.41 MU volume in Real Time Market on first day <P>Indian Energy Exchange (IEX) has received an overwhelming response from DISCOMS, power generators as well as commercial and industrial consumers on the first day of trading on its Real Time Market.&nbsp; The new market segment was operationalised at the IEX platform at 10:45 PM on May 31, 2020 for delivery at 12:00 AM on June 01, 2020.&nbsp; <P>The launch witnessed the participation of more than 80 market participants including all major distribution utilities and generating companies. It also saw participation from industrial customers through open access, which indicates high interest from this segment of consumers as well.&nbsp; The real time market traded 3.41 MU volume in 48 auction sessions on day one of the launch.<P>IEX is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity, Renewable Energy Certificates and Energy Saving Certificates.<BR>
02-Jun-2020 Indian Energy Exchange informs about media release <p align="justify">Indian Energy Exchange has informed that the Company enclosed the Media Release for Indian Energy Exchange on IEX trades 3.41 MU volume in the Real Time Market on the first day. The above information will also be made available on the website of the Company: www.iexindia.com<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
01-Jun-2020 Indian Energy Exchange launches Real-Time Electricity Market <p align="justify">Indian Energy Exchange (IEX) has launched the much-awaited Real-Time Electricity Market (RTM) on its platform. The real time market is an endeavor by the regulator, CERC, to make the power market dynamic by enabling trade in electricity through half-hourly auctions. </p><p align="justify">There will be 48 auction sessions during the day with delivery of power within one hour of closure of the bid session. The market will greatly aid the distribution utilities to manage power demand-supply variation and meet 24x7 power supply aspirations in the most flexible, efficient, and dynamic way. The utilities presently manage unplanned changes in schedule through the Deviation Settlement Mechanism and in the process, end up paying penalties. RTM will facilitate utilities to reduce dependency on deviation framework and save on the huge penalties. It will also support the grid operators to enhance overall safety and security of the grid.</p><p align="justify">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. <br></p>
01-Jun-2020 Indian Energy Exchange jumps on launching Real-Time Electricity Market <div align="justify">Indian Energy Exchange is currently trading at Rs. 167.60, up by 4.25 points or 2.60% from its previous closing of Rs. 163.35 on the BSE.<br></div><div align="justify"><br></div><div align="justify">The scrip opened at Rs. 166.70 and has touched a high and low of Rs. 168.95 and Rs. 164.90 respectively. So far 10114 shares were traded on the counter.<br><br></div><div align="justify">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.<br><br></div><div align="justify">Last one week high and low of the scrip stood at Rs. 173.00 and Rs. 161.20 respectively. The current market cap of the company is Rs. 5026.56 crore.<br><br></div><div align="justify">The Institutions and Non-Institutions held 63.26% and 36.74%, stake in the company respectively.</div><div align="justify"><br></div><div align="justify">Indian Energy Exchange (IEX) has launched the much-awaited Real-Time Electricity Market (RTM) on its platform. The real time market is an endeavor by the regulator, CERC, to make the power market dynamic by enabling trade in electricity through half-hourly auctions. <br><br></div><div align="justify">There will be 48 auction sessions during the day with delivery of power within one hour of closure of the bid session. The market will greatly aid the distribution utilities to manage power demand-supply variation and meet 24x7 power supply aspirations in the most flexible, efficient, and dynamic way. The utilities presently manage unplanned changes in schedule through the Deviation Settlement Mechanism and in the process, end up paying penalties. RTM will facilitate utilities to reduce dependency on deviation framework and save on the huge penalties. It will also support the grid operators to enhance overall safety and security of the grid.<br><br></div><div align="justify">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.<br></div>