Shares of Indian Energy Exchange (IEX) climbed approximately 1% on Friday, pushing the stock to ₹125.02 on the National Stock Exchange from a previous close of ₹123.50.
The price action followed the company's disclosure of robust activity in its power trading segment for the first quarter of fiscal year 2027.
IEX reported that electricity traded volume rose 15.9% year-on-year to 37,534 million units during the period.
The increase in throughput underscores growing liquidity and participation in India’s wholesale power markets, a key driver for the exchange’s revenue model.
The positive operational data comes as Indian equity markets have shown broader strength, with the benchmark Nifty 50 index rising 0.44% and the Sensex adding 360.85 points to trade at 77,163.75 in recent sessions.
Investor sentiment has shifted positively, supported by improving macroeconomic indicators and sector-specific tailwinds.