IEX share value rebounded sharply on Friday, leaping over 12% in early commerce, partially recovering from the earlier session’s steep decline. IEX share value surged as a lot as 12.11% to ₹148.50 apiece on the BSE.
On Thursday, July 24, IEX share value had plunged practically 30%, marking its seventh consecutive session of decline. The sell-off was triggered after the Central Electrical energy Regulatory Fee (CERC) introduced the implementation of market coupling from subsequent 12 months.
Submit market hours on Thursday, Indian Vitality Alternate (IEX) reported its monetary outcomes for the primary quarter of FY26. The corporate posted a 25% year-on-year (YoY) enhance in consolidated web revenue to ₹120 crore, in comparison with ₹96 crore in the identical quarter final 12 months.
The corporate’s income in Q1FY26 elevated 19% to ₹184.2 crore from ₹154 crore, year-on-year (YoY).
At 9:35 AM, IEX share value was buying and selling 12.04% increased at ₹148.40 apiece on the BSE.
