Indian Energy Exchange is currently trading at Rs. 148.10, up by 2.50 points or 1.72% from its previous closing of Rs. 145.60 on the BSE.

The scrip opened at Rs. 147.75 and has touched a high and low of Rs. 151.30 and Rs. 147.10 respectively. So far 748734 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 173.30 on 01-Jan-2024 and a 52 week low of Rs. 116.05 on 09-Jun-2023.

Last one week high and low of the scrip stood at Rs. 151.30 and Rs. 140.75 respectively. The current market cap of the company is Rs. 13210.43 crore.

The Institutions and Non-Institutions held 38.15% and 61.86% stake in the company respectively.

Indian Energy Exchange has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 14.76% rise in its net profit at Rs 95.10 crore for the quarter under review as compared to Rs 82.87 crore for the same quarter in the previous year. Total income of the company increased by 15.38% at Rs 149.47 crore for Q4FY24 as compared Rs 129.55 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 9.45% rise in its net profit at Rs 96.69 crore for fourth quarter ended March 31, 2024 as compared to Rs 88.34 crore for the same quarter in the previous year. Total income of the company increased by 15.20% at Rs 149.29 crore for Q4FY24 as compared Rs 129.59 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 16.65% rise in its net profit at Rs 341.44 crore as compared to Rs 292.70 crore for the previous year. Total income of the company increased by 16.18% at Rs 550.78 crore for year under review as compared to Rs 474.06 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 14.68% rise in its net profit at Rs 350.78 crore as compared to Rs 305.89 crore for the previous year. Total income of the company increased by 16.19% at Rs 550.85 crore for year under review as compared to Rs 474.10 crore for year ended March 31, 2023.