Indian Energy Exchange Ltd

Stage 4 · Declining · week 5

As of 16 Oct 2026, Indian Energy Exchange is in Stage 4 — declining, a downtrend, in week 5 (since 10 Sep 2026). It closed at ₹108, 29.7% below its 52-week high and below its 200-day average, which is falling. In Utilities, 9.7% of stocks are in Stage 2.

Indian Energy Exchange Limited provides automated trading platform for physical delivery of electricity, renewable energy, and certificates. More about the company

₹107.6
-0.05% today
₹9,564 Cr · Mid cap
Market Neutral — FadingUtilities 9.7% in Stage 2-4.8 pts / 20dPower Trading & Consultancy 25.0%0.0 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

Is IEX early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-29.7%
₹103.8 lo₹152.9 hi
29.7% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 5
1w13w26w
Week 5 — early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-13.1%
200 DMA: ₹123.7 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
1.02x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -4.4% vs MA50 -5.5%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-4.0%
3M
-12.4%
6M
-20.0%
YTD
-22.8%
1Y
-21.8%
Sector
Utilities
↓ Peaking
Stage 2%
9.7%
20d Δ
-4.8pp
1M return
-2.2%
3M return
-10.5%
Sector Stage-2 % · last 20 days
Sector has 6 Stage 2 leaders. See Utilities Stage 2 →
Industry
Power Trading & Consultancy
→ Flat
Stage 2%
25.0%
20d Δ
+0.0pp
1M return
-1.3%
3M return
+1.5%
Industry Stage-2 % · last 20 days
Industry has 1 Stage 2 leader. See Power Trading & Consultancy Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S1 14w
S2 27w
S4 23w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 8w → S1 14w → S2 11w → S3 8w → S2 27w → S3 9w → S4 4w → S1 2w → S4 6w → S1 6w → S2 10w → S3 2w → S4 11w → S1 3w → S4 23w → S1 8w → S4 7w → S1 3w → S4 5w current
Total tracked: 168 weeks across 19 stage runs.
Scan Membership
Breakout Watch
Latest: 2025-05-23
2 appearances in last 60 days. First seen: 2024-04-29.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-16S4
Wk 5 · Vol 1.02x
2026-10-15S4
Wk 5 · Vol 1.31x
2026-10-14S4
Wk 5 · Vol 1.44x
2026-10-13S4
Wk 5 · Vol 1.13x
2026-10-12S4
Wk 5 · Vol 0.93x
2026-10-09S4
Wk 4 · Vol 0.93x
2026-10-08S4
Wk 4 · Vol 0.92x
2026-10-07S4
Wk 4 · Vol 1.87x
2026-10-06S4
Wk 4 · Vol 0.62x
2026-10-05S4
Wk 4 · Vol 0.73x
2026-10-01S4
Wk 3 · Vol 0.76x
2026-09-30S4
Wk 3 · Vol 0.93x
Sector Peers — Stage 2All →
QPOWER
wk 9 · -11.8% from hi
5.8
KPIL
wk 20 · -6.5% from hi
4.8
GIPCL
wk 16 · -18.6% from hi
4.4
UEL
wk 10 · -30.7% from hi
4.4
SKIPPER
wk 19 · -12.9% from hi
3.9
Moving averages & range
50 DMA
₹116
200 DMA
₹123.7
52W High
₹152.9
52W Low
₹103.8
5D Low
₹104.4
Resistance levels (recent highs)
20d High
₹115.5
60d High
₹134.2
120d High
₹134.2
250d High
₹152.9
Next resistance
+7.4%
to 20d High
Ask the Market AI about IEXAsk →
P/E (TTM)
22.9
Forward 20.0
Earnings Growth (YoY)
+9.8%
Revenue +12.5%
ROE
+39.4%
Profit margin +66.0%
Dividend Yield
3.14%
P/B 8.3
About this companyUtilities· Power Trading & Consultancy

Indian Energy Exchange Limited provides automated trading platform for physical delivery of electricity, renewable energy, and certificates. The company offers Day-Ahead Market, a physical electricity trading market which allows market participants to buy and sell electricity for the next day; Term-Ahead-Market that provides a range of products allowing participants to buy and sell electricity on intra-day, day-ahead contingency, and term ahead contracts; Real-Time Market, an auction session every half an hour with power to be delivered after 4 time blocks or an hour after gate closure of the auction; Green Day-Ahead Market that allows market participants to buy and sell renewable electricity for the next day; Cross-Border Electricity Trade expands the Indian power market towards building an integrated South Asian power market; High Price Day Ahead Market, a part of integrated day ahead market allows market participants to buy and sell electricity for the next day to be traded are determined through a double-sided closed auction bidding process; and Green-Term Ahead Market, a market solution for renewable energy trading which features contracts, including Green-Intraday, Green-Day-ahead Contingency, Green-Daily, and Green-Weekly. It also provides renewable energy and energy saving certificates. The company was incorporated in 2007 and is based in Noida, India.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.