IEX has released September business updates. In the information released on the exchange by the company, it was told that the total volume has increased by 24% to 11,370 MU on an annual basis. Similarly, electricity volume has increased by 21% to 10,332 MU on an annual basis. Renewable Energy Certificate (REC) has increased by 100% to 1,031 MU. Market clearing price in Day-Ahead Market (DAM) has decreased by 33% to Rs 4.18 per unit.

What else did IEX say-  According to the exchange, there is no concern about the supply side. Fuel is available in sufficient quantity and its prices are at the right levels.

At the same time, the supply situation will also be better due to the addition of new capacity in renewable and traditional energy sources. Share performance- The company's stock closed at Rs 207.95, down half a percent on Friday. The stock has fallen sharply after September 20. The stock had fallen from Rs 240 to below Rs 200. The stock has grown 13 percent in three months, 60 percent in one year. Why did the stock fall in the last 10 days- Experts say that the matter of coupling had heated up again, which had an impact on the stock. In fact, 90% of power trading is done through IEX. In a way, the exchange has a complete hold on it. Trading is negligible on other exchanges. At the same time, now other exchanges are also preparing to come. After coming, more electricity trading will be possible on the exchange. The business of other exchanges will also increase. There will also be an opportunity for new power exchanges to open. In such a situation, the monopoly of the company will be reduced. That is why there was pressure on the stock. (