IEX shares rebound 8% after worst fall, driven by upbeat Q1 earnings

  • Posted on July 25, 2025
  • By Business News Today
  • 3 Views
IEX shares rebound 8% after worst fall, driven by upbeat Q1 earnings

Indian Energy Exchange (IEX) shares rebounded 8.4% after a sharp decline, driven by a robust 25% YoY increase in consolidated net profit for Q1FY26, reaching Rs 120 crore. This positive result followed CERC's approval of market coupling, which initially caused a 29% stock plunge. The company also reported strong growth in electricity volumes and Renewable Energy Certificates traded.
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