Shares of Indian Energy Exchange rose over 5
in a weak request moment after the establishment said a meeting ofthe board of directors is listed to be held history to consider a offer for
buyback of completely paid- up equity shares of
the company. Indian Energy Exchange stock gained 5.6 to Rs
146.15 against the former close of Rs138.40.Shares of
IEX have gained after
four days of successive fall. before,
the stock opened with a gain of3.11 at Rs 142.70.
The stock is trading advanced than 5 day and
20 day moving pars but lower than 50 day,
100 day and
200 day moving pars.The share has lost44.26 in
a time and fallen 42 in 2022. Total5.09
lakh shares changed hands amounting to
a development of Rs7.33 crore. The share hit a 52-
week high of Rs304.05 on December 10, 2021 and a 52- week low of
Rs133.95 on October 25, 2022.
A meeting of the Board of Directors of
the Company is listed to be held history 25
nov,inter-alia, to consider a offer for buyback
of completely paid- up equity shares o
the Company in agreement with the vittles of
the Companies Act, 2013.In the alternate quarter of
this financial,
the establishment logged a fall of8.4 in
net profit to Rs71.20 crore against Rs77.73 crore profit in
the matching quarter of
the former financial.Deals slipped13.75 to Rs95.20 in Q2 against
Rs110.38 crore deals in the September quarter of
this financial.IEX is engaged in furnishing an
automated trading platform for
the physical delivery of electricity, renewable,
and instruments. It
offers colorful trade requests, similar as the electricity request, green request and instruments.
The electricity request includes dayahead request,term ahead request, real- time requestand cross border electricity trade.The green request includes green term ahead request and green day-
ahead request.
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