IEX share price tanks 4% to near 52-week low. What’s behind the fall? Explained
Shares of Indian Energy Exchange (IEX) slumped 4% in Friday’s trading session (December 26) amid reports of a revision in transaction fees charged by the power exchanges in India.
IEX share price declined as much as 4% to ₹133.45, nearing its 52-week low of ₹130.35. The stock has lost 28% over the past six months and 24% on a year-to-date (YTD) basis.
