On October 5, the Indian Energy Exchange (IEX) saw its stock go up by 3%.
This happened a day after the exchange announced that they had sold 13% more electricity in September compared to the same time last year.
They managed to sell a total of 9,147 million units of electricity, which included 230 million units in the green market.
The demand for electricity in the country continued to grow from August into September. In September, the country used 140 billion units of electricity, which is 10% more than the 127 billion units used during the same period last year.
At 9:53 AM, the company’s shares were trading at 2.51% higher, priced at 132.90.
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IEX