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Indian Energy Exchange Ltd announces performance for September 2021

#IEX #IndianEnergyExchange #September2021
#IEX at a record high
#IEX rises 10% on power min’s framework for implementation of MBED
#Indian Energy Exchange board to consider bonus issue on October 21.
#IEX_India_ #BonusIssue
#MarketsWithETNOW📊
- #IRCTC up 7%, OI up 6.5%, Long buildup
- #TataPower up 6%, OI up 7.5%, Long buildup
- #IEX up 5%, OI down 1%,
#IEX in focus
UBS downgrades the stock to Sell from Buy
#IEX
54% GROWTH
#IEX trading at over 7-week high
IOC: CO HAS ACCORDED APPROVAL FOR ACQUISITION OF 36,93,750 EQUITY SHARES OF THE FACE VALUE OF RS.10/- EACH EQUIVALENT TO 4.93% OF THE SHARE CAPITAL IN INDIAN GAS EXCHANGE LIMITED (IGX) ||
IGX IS A SUBSIDIARY OF IEX

#BigBreaking

#IEX
INDIA POWER REGULATOR APPROVES NEW MARKET SEGMENT FOR EXPENSIVE POWER || NEW POWER MARKET SEGMENT TO HAVE 50 RUPEES PER UNIT CEILING #BIGBREAKING #IEX
#IEX May Update: May overall #volume of 8,251 MU, up 8% (YoY)

◼️May #price down 30% at Rs 4.74/unit Vs Rs 6.76/unit (YoY)
#IEX slips in trade, stock down more than 8%
#IEX opens 10% lower on market coupling concerns
#IEX Large Trade | 1 cr shares (1.2% equity) worth ₹122.8 cr change hands at an avg ₹122/sh
#IEX #MD says 'coupling' power exchanges doesn't make any real business case and will kill competition
#IEX #July Business Update | Overall volumes at 8,522 million units, up 19% YoY & market clearing price at ₹4.55/unit, down 16% YoY https://t.co/cLfAPVft29
#IEX shares rise after #electricity market volumes cross 100 billion units for the first time
#IEX July Update 📢👇

🔹Total Volume Up 56% YoY At 13,250 MU

🔹Total Electricity Volume Up 29% YoY At 10,093 MU

🔹Renewable Energy Certificates Up 405% YoY At 3,150
MU, At ₹120/Certificate

🔹Day-Ahead Market Up 27% YoY At 5,056 MU Vs
3,976 MU (YoY)

🔹Real-Time Electricity Market Volume Up 31% At to
3,334 MU Vs 2,540 MU (YoY)
#IEX's arm International Carbon Exchange (ICX) enters into an issuer agreement with the International Tracking Standard Foundation (I-TRACK Foundation) & Evident EV

- This agreement authorizes ICX to act as a Local Issuer of International Renewable Energy Certificates (I-REC) in the Indian market.
After UBS, Antique raises target price for #IEX, says coupling fears receding.

🟢Stock now up >2%