Indian Energy Exchange shares saw a surge as the Electricity Appellate Tribunal prepares to hear arguments on market coupling. This crucial case could reshape electricity price discovery, impacting IEX’s dominant market share. Investor optimism grew following the regulator’s willingness to reconsider its earlier order, with today’s hearing expected to provide further clarity.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs