Shares of Indian Energy Exchange (IEX) moved higher by 13 per cent to Rs 304.05 on the BSE in Friday’s intra-day trade on back of heavy volumes ahead of listing of bonus shares. The stock was trading higher for the fourth straight day, having rallied 21 per cent during the period. The stock hit a 52-week high of Rs 318.40 (adjusted to 2:1 bonus) on October 19, 2021.
At 01:48 pm; the stock was trading 10 per cent higher at Rs 297, as compared to 0.49 per cent decline in the S&P BSE Sensex. A combined 56.6 million equity shares representing 6 per cent of total equity of IEX had changed hands on the NSE and BSE.
