Tuesday's closing price of Rs 185 for IEX shares was 2.25% lower than the previous closing price of Rs 189.25 on the BSE. The company's market value dropped to Rs 16,625 crore during the previous session.
Indian Energy Exchange (IEX) shares are in the spotlight today as the company revealed incredible growth in June 2024 power trading volumes, up 24.7% YoY. IEX shares concluded Tuesday's trading at Rs 185, 2.25% lower than its previous closing on the BSE of Rs 189.25.
Technically speaking, IEX's relative strength index (RSI) is 64.6, indicating that it is not trading in the overbought or oversold range. With a beta of 1.3, the stock indicates significant annual volatility. The 5 day, 20 day, 50 day, 100 day, 150 day, and 200 day moving averages are all being exceeded by the price of IEX shares.
8.46 lakh shares of the company were traded overall on the BSE, translating into a transaction of Rs 15.75 crore. The company's market value dropped to Rs 16,625 crore during the previous session.
With certificates included, the exchange recorded 10,185 MU of power volume for the month, up 19.4% from the previous year to 10,677 MU overall.
2025's first quarter saw a 19% increase in the amount of power produced, reaching 28,178 MU, according to IEX. With certificates included, the total volume in Q1 was 30,354 MU, up 20.8% over the same period in FY24.
No comments:
Post a Comment