IEX shares surge 4% after company sees highest-ever electricity traded volume in FY26

Shares of Indian Energy Exchange Ltd. (IEX) are trading with gains of close to 4% on Monday, April 6, after the company reported its business update for the fourth quarter and the financial year 2026.

Its quarterly traded electricity volume was at 39.4 billion units (BU), up 24.3% from the previous year.

Its real-time market (RTM) achieved growth of 48.2% from the previous year.

In March, IEX achieved monthly traded volume of 13.9 BU, up 23.5% from the previous year. Its RTM achieved growth of 41.7% from the year-ago period. The market clearing price in the day-ahead market was at 4.2 per unit, down 6% from the previous year, the exchange said.

For the entire financial year 2026, IEX reported its highest-ever traded electricity volume of 141 BU, up 17% from the year-ago period.

The IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 10.78 BU compared to 8.75 BU in FY25, an increase of 23% from the previous syear.

Meanwhile, a total of 187.2 lakh renewable energy certificates (RECs) were traded in FY26. The REC traded volume increased 5% from the previous year.

A total of 71.7 lakh RECs were traded in the fourth quarter. The REC traded volume was up by 6% from the previous year, the company said.

Shares of IEX are currently trading 4% higher on Monday at ₹123.9. The stock has nearly halved from its 52-week high of ₹215.4.

Also Read: Standalone refiners Chennai Petro, MRPL may see pressure as OMCs sell fuel below cost