IEX (Indian Energy Exchange) shares have come under the spotlight today following reports that the company may appeal in the market coupling case.
According to CNBC Awaaz, IEX is considering approaching the Appellate Tribunal for Electricity (APTEL) against the recent order issued by the Central Electricity Regulatory Commission (CERC) concerning power market coupling.
The potential appeal has drawn investor attention, given its implications for the power trading ecosystem in India.
IEX stock opened at ₹143.86, slightly lower than the previous close of ₹143.92. During the session, it touched a low of ₹142.64 and climbed to an intraday high of ₹148.80. In the broader trend, the shares are still well above their 52-week low of ₹130.26 but far below the 52-week high of ₹244.40.
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