IEX share price: Stock in focus as APTEL hears arguments in market coupling case – Check details
Mumbai:
Shares of Energy Exchange Ltd (IEX) are in focus amid a hearing by the Electricity Appellate Tribunal (APTEL) on the Central Electricity Regulatory Commission’s (CERC) market coupling directions. Amid this, the stock remained highly volatile today. The stock opened at Rs 150 against the previous close of Rs 150.10 on the BSE. It dipped further to touch an intraday low of Rs 141.4, representing a fall of 5.8 per cent. However, the stock recovered as the CERC lawyer sought more time to respond to the withdrawal of the coupling order. Ahead of the hearing, it issued a circular staying the market coupling order.
