Latest news with #IndianEnergyExchangeLtd
Business Standard
25-04-2025
- Business
- Business Standard
Volumes soar at Indian Energy Exchange Ltd counter
Indian Energy Exchange Ltd recorded volume of 550.8 lakh shares by 14:14 IST on NSE, a 13.92 times surge over two-week average daily volume of 39.58 lakh shares SBI Life Insurance Company Ltd, Cyient Ltd, Nava Ltd, Navin Fluorine International Ltd are among the other stocks to see a surge in volumes on NSE today, 25 April 2025. Indian Energy Exchange Ltd recorded volume of 550.8 lakh shares by 14:14 IST on NSE, a 13.92 times surge over two-week average daily volume of 39.58 lakh shares. The stock gained 0.66% to Rs.192.10. Volumes stood at 46.24 lakh shares in the last session. SBI Life Insurance Company Ltd notched up volume of 82.77 lakh shares by 14:14 IST on NSE, a 7.47 fold spurt over two-week average daily volume of 11.09 lakh shares. The stock rose 5.06% to Rs.1,689.50. Volumes stood at 8.57 lakh shares in the last session. Cyient Ltd registered volume of 52.64 lakh shares by 14:14 IST on NSE, a 7.35 fold spurt over two-week average daily volume of 7.16 lakh shares. The stock slipped 5.66% to Rs.1,172.50. Volumes stood at 9.44 lakh shares in the last session. Nava Ltd registered volume of 27.05 lakh shares by 14:14 IST on NSE, a 5.66 fold spurt over two-week average daily volume of 4.78 lakh shares. The stock rose 1.42% to Rs.476.20. Volumes stood at 7.02 lakh shares in the last session. Navin Fluorine International Ltd witnessed volume of 10.83 lakh shares by 14:14 IST on NSE, a 5.63 times surge over two-week average daily volume of 1.92 lakh shares. The stock increased 2.29% to Rs.4,439.30. Volumes stood at 2.21 lakh shares in the last session.
Business Standard
25-04-2025
- Business
- Business Standard
Volumes spurt at Apollo Hospitals Enterprise Ltd counter
Apollo Hospitals Enterprise Ltd notched up volume of 4.85 lakh shares by 10:47 IST on BSE, a 171.71 fold spurt over two-week average daily volume of 2824 shares SBI Life Insurance Company Ltd, Indian Energy Exchange Ltd, Navin Fluorine International Ltd, Cyient Ltd are among the other stocks to see a surge in volumes on BSE today, 25 April 2025. Apollo Hospitals Enterprise Ltd notched up volume of 4.85 lakh shares by 10:47 IST on BSE, a 171.71 fold spurt over two-week average daily volume of 2824 shares. The stock slipped 2.76% to Rs.6,963.35. Volumes stood at 1411 shares in the last session. SBI Life Insurance Company Ltd notched up volume of 2.87 lakh shares by 10:47 IST on BSE, a 17.02 fold spurt over two-week average daily volume of 16840 shares. The stock rose 4.07% to Rs.1,674.40. Volumes stood at 18772 shares in the last session. Indian Energy Exchange Ltd clocked volume of 14.45 lakh shares by 10:47 IST on BSE, a 6.55 times surge over two-week average daily volume of 2.21 lakh shares. The stock gained 2.65% to Rs.195.80. Volumes stood at 2.05 lakh shares in the last session. Navin Fluorine International Ltd recorded volume of 25053 shares by 10:47 IST on BSE, a 4.97 times surge over two-week average daily volume of 5037 shares. The stock gained 2.64% to Rs.4,464.00. Volumes stood at 7406 shares in the last session. Cyient Ltd clocked volume of 1.52 lakh shares by 10:47 IST on BSE, a 4.17 times surge over two-week average daily volume of 36395 shares. The stock lost 7.55% to Rs.1,149.15. Volumes stood at 40616 shares in the last session.
Business Upturn
24-04-2025
- Business
- Business Upturn
IEX Q4FY25: Revenue rises 17% YoY to Rs 142 crore; profit surges 21% YoY to Rs 117 crore
Indian Energy Exchange Ltd (IEX) reported its highest-ever quarterly and annual performance, with strong growth in electricity volumes, renewable energy certificate (REC) trades, and profitability for the period ended 31 March 2025. In the fourth quarter (Q4FY25), IEX recorded revenue of ₹174.6 crore, a 17% increase from ₹149.3 crore in the same period last year. Consolidated profit after tax for the quarter rose 21.1% year-on-year to ₹117.1 crore, compared to ₹96.7 crore in Q4FY24. On a standalone basis, Q4 profit was up 17.8% to ₹112 crore. The exchange also achieved its highest ever quarterly traded electricity volume of 31.7 billion units (BU), representing an 18.1% year-on-year growth, alongside a record 68 lakh RECs traded during the quarter, up 108%. For the full financial year FY25, IEX posted a consolidated revenue of ₹657.4 crore, an increase of 19.3% from ₹550.8 crore in FY24. Consolidated net profit surged 22.3% to ₹429.2 crore, compared to ₹350.8 crore a year ago. On a standalone basis, FY25 profit stood at ₹414.6 crore, up 21.4% year-on-year. The board of directors announced a final dividend of ₹1.5 per share, equivalent to 150% of the face value. On the sectoral front, India's power demand hit 1,694 BUs in FY25, rising 4.4% YoY, while coal production and dispatch to the power sector rose 5% and 5.9%, respectively. The average market clearing price in IEX's Day Ahead Market (DAM) stood at ₹4.47/unit in FY25, down 14.7% YoY from ₹5.24/unit due to a 36% increase in sell-side liquidity. The company's gas platform, IGX, also posted its highest ever traded volume of 60 million MMBtu, growing 47% YoY. IGX's FY25 profit increased to ₹31 crore, up 34.3% YoY, while Q4FY25 profit doubled to ₹8.9 crore from ₹4.4 crore in Q4FY24. IEX's subsidiary ICX, India's first accredited International Renewable Energy Certificate (I-REC) issuer, also recorded exponential growth, issuing 59.27 lakh I-RECs and generating revenue of ₹3.41 crore in FY25, up from ₹32 lakh in FY24. News desk at
