JSW Energy on Monday said that its Executive Director Jyoti Kumar Agarwal, who is also the Chief Financial Officer (CFO), has tendered his resignation and will step down with effect from September 15 Mumbai: JSW Energy on Monday said that its Executive Director Jyoti Kumar Agarwal, who is also the Chief Financial Officer (CFO), has […]
Agri Power and Engineering sells shares worth Rs 108 cr in India Energy Exchange
Agri Power and Engineering Solutions sold a total number of over 93.78 lakh scrips on an average price of Rs 115.30 New Delhi: Agri Power and Engineering Solutions Pvt Ltd on Friday sold shares worth over Rs 108 crore in India Energy Exchange Ltd through open market transactions. Agri Power and Engineering Solutions sold a […]
Stock corner: ‘Buy’ on India Energy Exchange, target price Rs 215
DAM+TAM (short-term market) accounts for ~85% of IEX’s revenues. India Energy Exchange’s (IEX) 4QFY19 EBITDA came in above expectations, as impact of higher exchange charges on renewable energy certificates i.e. REC reflected. This offset the 9% Y-o-Y decline in core volumes. Near-term tepid volumes should not be extrapolated given the regulatory push for market determined […]
