Indian Energy Exchange (IEX) shares advanced 1.58% to ₹125.15 following the release of strong May 2026 trading performance data. The company reported robust electricity trade volumes with 12,983 million units (MU) traded in May 2026, representing a significant 18.6% year-on-year increase from 10,946 MU in the corresponding month last year. According to Business Standard, this strong operational performance has boosted investor confidence in the exchange's market position, with the company achieving its highest-ever monthly electricity volume during the month.
The Day-Ahead Market (DAM) demonstrated exceptional growth with volumes reaching 4,417 MU during May 2026, up 24.9% year-on-year from 3,535 MU in May 2025. The Real-Time Electricity Market (RTM) also showed strong performance with volumes of 5,529 MU, up 15.9% from 4,770 MU in May 2025. The IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 1,034 MU volume during May 2026 as compared to 915 MU in May 2025, representing a 13% increase. The weighted average price in Green Day-Ahead Market (G-DAM) for May 2026 was at ₹3.60 per unit, remaining largely flat on a year-on-year basis.
IEX recorded 6.10 lakh Renewable Energy Certificates (RECs) traded during May 2026, though volumes declined 65% year-on-year. The Green Day-Ahead and Green Term-Ahead Market segments achieved 1,034 MU volume compared to 915 MU in May 2025, representing a 13% increase. The weighted average price in Green Day-Ahead Market (G-DAM) remained largely flat at ₹3.60 per unit on a year-on-year basis. Trading sessions were held on May 13th and 29th, with clearing prices of ₹400 per REC. The next REC trading sessions are scheduled on June 10th and 24th, with sell bids declining by 85.3% year-on-year, leading to a rise in clearing prices during May 2026.
IEX delivered strong financial results for Q4 FY26, achieving a 10.8% rise in consolidated net profit to ₹129.77 crore on a 22.5% increase in net sales to ₹174.30 crore compared with Q4 FY25. According to Business Standard, the company reported robust electricity trade volumes with 12,983 million units (MU) traded in May 2026, reflecting strong power demand across the country. The strong performance comes as India's electricity consumption rose 11.5% year-on-year to 164.98 billion units in May 2026, demonstrating robust power demand across the country and supporting the exchange's growth trajectory.
JBM Auto maintained its dominance in the electric bus segment with a 49% market share in May 2026, as reported by Business Standard. The company sold 157 electric buses during the month, reinforcing its position as one of the key players in India's e-mobility space. This performance demonstrates the company's continued strength in the growing electric vehicle market. According to Zee Business, the company has also launched Managed Secure Service Edge (SSE) solution with Cisco Subsidiary, while its subsidiary commenced operations at biologics contract manufacturing facility.
Skipper's board has approved raising up to ₹433 crore through equity issuance, including 92 lakh shares at ₹470 apiece, according to Business Standard reports. The company has also incorporated a wholly owned subsidiary, Skipper Transmission & Distribution, in Abu Dhabi as part of its international expansion strategy. As per Zee Business, the company has also invested ₹50 crore in Soham Leisure Ventures through Optionally Convertible Debentures (OCDs). Additionally, the board meeting on June 6 will consider fund raising through equity shares, NCDs or QIP.
