Indian Energy Exchange shares experienced a significant drop. This decline followed the Central Electricity Regulatory Commission’s decision. The commission plans to implement ‘market coupling’. This move is expected to impact IEX’s revenue streams. Market coupling aims to unify power prices. Hindustan Power Exchange and Power Exchange India may benefit. IEX’s market share could potentially decrease as a result.
Molbio Diagnostics shares rally 9% as Jefferies initiates ‘high conviction top pick’ call for recently listed stock. Why is it bullish?
Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high-conviction top pick. The brokerage set a Rs 1,600