Indian Energy Exchange jumps on incorporating wholly owned subsidiary
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Indian Energy Exchange is currently trading at Rs. 138.50, up by 1.95 points or 1.43% from its previous closing of Rs. 136.55 on the BSE.
The scrip opened at Rs. 138.55 and has touched a high and low of Rs. 139.25 and Rs. 136.75 respectively. So far 127471 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 271.95 on 13-Jan-2022 and a 52 week low of Rs. 129.25 on 26-Dec-2022.
Last one week high and low of the scrip stood at Rs. 145.70 and Rs. 129.25 respectively. The current market cap of the company is Rs. 12460.05 crore.
The Institutions and Non-Institutions held 38.18% and 61.82% stake in the company.
Indian Energy Exchange (IEX) has incorporated a wholly owned subsidiary company in the name of International Carbon Exchange on December 27, 2022.
The Company has been incorporated to establish and operate a platform for the trading of various types of green products including all other forms/types of carbon credits and certificates and various emission reduction products and other instruments and derivatives thereof, in ready, forward and futures markets in whole of India and outside India.
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.
