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Indian Energy Exchange is currently trading at Rs. 737.65, up by 5.35 points or 0.73% from its previous closing of Rs. 732.30 on the BSE.
The scrip opened at Rs. 742.90 and has touched a high and low of Rs. 747.70 and Rs. 733.50 respectively. So far 320954 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 956.15 on 19-Oct-2021 and a 52 week low of Rs. 181.00 on 04-Nov-2020.
Last one week high and low of the scrip stood at Rs. 832.85 and Rs. 690.35 respectively. The current market cap of the company is Rs. 22123.75 crore.
The Institutions and Non-Institutions holding in the company stood at 60.87% and 39.12% respectively.
Indian Energy Exchange (IEX) is all set to seek shareholders’ approval to issue bonus shares through postal ballot notice. The company has issued postal ballot notice to seek approval of shareholders on a proposal to issue bonus shares to members. The board had approved and recommended on October 21, 2021, to issue of bonus equity shares of rupee one each credited as fully paid-up to eligible members of the company in the proportion of two new fully paid-up equity share of rupee one each for every one existing fully paid-up equity shares of rupee one each held by them, by capitalising a sum not exceeding Rs 59.91 crore out of the company's free reserves and capital redemption reserve as on March 31, 2021.
The company is also planning to seek members approval to increase in authorised share capital and consequent alteration in the capital clause of the memorandum of association. The current authorised share capital is Rs 40.25 crore divided into 40,25,00,000 equity shares of rupee one each. The company proposes to increase its authorised share capital to Rs 1,00,00,00,000 divided into 1,00,00,00,000 equity shares of rupee one each to cover the issuance of bonus shares.
IEX is India’s first and no 1 electricity exchange. It is a transparent, neutral, demutualised, nationwide, automated, online electricity trading platform. It enables efficient price discovery and price risk management for participants of the electricity market including industries eligible for open access through anonymous platform.
| Company Name | CMP |
|---|---|
| NTPC | 408.10 |
| Tata Power | 440.05 |
| Power Grid Corp | 321.20 |
| Adani Power | 592.85 |
| Torrent Power | 1820.25 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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