Shares of Indian Energy Exchange (IEX) fell sharply by more than 4% on February 13, 2026, after the Appellate Tribunal for Electricity (APTEL) dismissed the company’s plea in the ongoing market coupling case. The development has intensified investor concerns over regulatory changes that could impact the power trading platform’s business model.
As of 11:24 AM IST, IEX shares were trading near the day’s low after witnessing heightened selling pressure following the update.
APTEL dismisses IEX plea in market coupling matter
According to a CNBC report, APTEL has dismissed the plea filed by IEX challenging the market coupling framework. The tribunal has also allowed the Central Electricity Regulatory Commission (CERC) to proceed with the process of framing regulations for market coupling.
IEX share price movement today
On February 13, 2026, IEX shares opened at ₹125.01 compared to the previous close of ₹125.91. The stock touched an intraday high of ₹125.29 and slipped to a low of ₹119.38 during early trade.
The sharp decline has also dragged the stock closer to its 52-week low of ₹119.00. For context, the stock’s 52-week high stands at ₹215.40, indicating a significant correction from peak levels.
The drop comes amid broader investor caution around regulatory developments in the power trading space.
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