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540750 Indian Energy Exchange News Story

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Earnings rise fuel rebound in Indian Energy Exchange after Thursday's slump

** Indian Energy Exchange IIAN.NS jumps 12% to 148 rupees, rebounding from ~30% slump on Thursday

** Bourse operator's Q1 consol profit after tax rises 25% y/y; rev up 19%

** Stock set to snap seven-session losing run

** Co making "detailed impact assessment" of India's new electricity pricing rules that analysts said can erode co's market dominance, triggering a free-fall on Thursday

** About 57 mln shares traded vs 30-day avg of 10.6 mln

** Stock rated "buy" on avg; median PT is 215 rupees, per data compiled by LSEG

** YTD, IIAN down 18%

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))

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