5 Sep 2023 , 11:58 AM
Indian Energy Exchange (IEX) shares surged 3.5 % in early trade on September 5. IEX recorded a 21 % YoY jump in total electricity volumes to 8,469 million units in August. August experienced the lowest monthly rainfall since 1901, leading to high electricity demand. Energy demand reached an all-time peak of 236 GW on August 31.
IEX witnessed a 33 % YoY rise in electricity prices to Rs 6.89 per unit in August. Real-time market (RTM) volumes increased by 21% YoY to 2,738 million units in August. IEX achieved its highest-ever single-day volume of 135.28 million units in RTM on August 24.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.