Indian Energy Exchange (IEX) Share Price Rises 3% Following Board Approval for Coal Exchange

Key Highlights

• IEX share price rose by more than 3% on Wednesday, March 18, 2026
• The company's board has provided in-principle approval to consider the creation of a Coal Exchange
• The proposed Coal Exchange aims to align with the "Coal Regulations 2025" issued by the Ministry of Coal

Trading Volumes and RECs

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• IEX reported a 30.4% annual increase in electricity trading volume on its platform to 12,550 million units (MU) in February 2026
• The total number of renewable energy certificates (RECs) traded last month was 18.86 lakh, reflecting a year-on-year growth of 15.2%
• Prices of RECs ranged from ₹333 to ₹337 each between February 11 and February 25, 2026

Financial Performance

• IEX reported an 11% increase in consolidated net profit to ₹119.10 crore for the December quarter
• Total income rose to ₹183.06 crore, compared to ₹160.53 crore in the same quarter last year
• The company's board sanctioned an interim dividend of ₹1.5 per equity share with a face value of Re 1 each for the financial year 2025-26

Share Price Movement

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• IEX share price opened at ₹120.30 apiece on the BSE, touched an intraday high of ₹124 per share, and an intraday low of ₹119.95 per share