IEX

share price: India Energy Exchange extends rally, jumps 4% after tribunal flags concern over market coupling rules

IEX share price continued its upward momentum for the second straight session, hitting a one‑month high on Wednesday. The stock had rallied 10 per cent on Tuesday and was trading over 13 per cent higher at Rs 152.25. The rally came on the heels of the Appellate Tribunal for Electricity weighing the market coupling mandate that came last year. The rally on Tuesday was spurred by arguments from the company's legal counsel, who raised procedural objections regarding a key report submitted by Power Grid. The hearing will now resume on Jan. 9 Indian Energy Exchange has delivered mixed absolute returns across time periods. The stock has surged 13.42% in the past week and 4.76% over the last month. On a year‑to‑date basis, IEX is up 14.12%. However, the one‑year return stands at negative 12.38%, reflecting a period of volatility and underperformance. Over the three‑year horizon, IEX has gained 9.40%. Yet, over five years, the stock has posted a strong 105.52% return.