Indian Energy Exchange540750Power exchange
Bernstein upgraded IEX to market perform from underperform while cutting its target price to 110 from 115, amid a jump in spot electricity prices
- New target price
- 110
- Previous target price
- 115
Heard on business television between 08:12:37 - 08:15:37 IST.
- Analyst noted spot electricity prices jumped substantially with September volumes also rising.
- Said IEX could benefit from higher buy bids and traded volumes due to this trend.
- Bernstein upgraded IEX to market perform from underperform.
- Bernstein simultaneously cut the target price to 110 from 115.
Watch at source
behind live
- 1Open on YouTube
- 2Drag the seek bar left
- 3Watch this moment
Also from Indian Energy Exchange
Bernstein upgraded IEX, and the stock was up about half a percent to 1.5 percent in trade
7 Oct 2026
IEX reported strong power volumes in Q2 with total power volumes reaching 39.7 billion units
6 Oct 2026
IEX reported Q2 and September operational updates showing strong growth in electricity traded volumes and clearing prices
6 Oct 2026
Source: Live TV News Channel · 7 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.