Indian Energy Exchange rises on strong Q4 results

Indian Energy Exchange

25/04/2025 07:10

** Shares of Indian Energy Exchange IIAN.NS rise as much as 5.5% to 201.35 rupees, highest since Oct. 14

** Power trading platform on Thursday reported 21.1% Y/Y rise in Q4 consol net profit, rev from ops rose 17.3% Y/Y

** Stock is witnessing its most active trading session since Sept. 2024 with more than 43 mln shares change hands, 9.2x of 30-day avg

** Avg rating of 10 analysts equivalent of "buy", median PT is 204 rupees - data compiled by LSEG

** Stock up 6.3% YTD

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))