SATYANARAYAN GOEL
IEX board reappoints SN Goel as CMD, elevates Rohit Bajaj as Joint MD
The board of Indian Energy Exchange (IEX) approved the reappointment of Satyanarayan Goel as Chairman and Managing Director, and the appointment of Rohit Bajaj as Joint Managing Director. This decision was made during a meeting on Friday. Goel’s term as Managing Director will end on August 9, 2024, as he will reach the age of 70 on August 10, 2024, in accordance with the Companies Act, 2013, according to a BSE filing.
Reduce Indian Energy Exchange, target price Rs 127: Nuvama Wealth brokerage
Nuvama Wealth brokerage has reduced its call on Indian Energy Exchange to a target price of Rs 127, a decrease from the current market price of Rs 124. The analyst predicts it will take one year for Indian Energy Exchange's price to reach the target. IEX is the most reliable platform for electricity spot price determination in India, but the introduction of a full-fledged market coupler could threaten its position, leaving the potential for other exchanges to eat into its market share. FIIs own 17.88% and DIIs own 21.53% of the company.
Buy Indian Energy Exchange, target price Rs 169: Prabhudas Lilladher
Promoters held 0 per cent stake in the company as of 31-Dec-2022, while FIIs owned 15.49 per cent, DIIs 21.73 per cent.ss at Rs 150 from entry point.
Buy Indian Energy Exchange, target price Rs 170: Yes Securities
Promoters held 0 per cent stake in the company as of 31-Dec-2022, while FIIs owned 15.49 per cent, DIIs 21.73 per cent.
'Tiranga Yatra' taken out in Delhi to celebrate PM Modi's birthday
"The 20 years of public life of Prime Minister Narendra Modi that he has spent capably in governance and social development is an inspiration for the people of the country," former Union minister Vijay Goel said on the occassion.
IEX board accepts resignation of MD & CEO Rajiv Srivastava
The company has given Satyanarayan Goel the additional charge of Managing Director and CEO.
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Stocks in the news: YES Bank, Titan, PNB, TechM, HDFC and Motherson Sumi
Rakesh Jhunjhunwala bought 1.30 crore shares or 0.51% stake in private lender YES Bank.
It is an asset light business, our EBITDA margin is about 75%: Satyanarayan Goel, Indian Energy Exchange
“Only about 11% of power is sold through the short-term market and exchange share out of that is about 35% today”
Indian Energy Exchange all powered up to launch IPO by December
Earlier this month, the bourse received approval from capital market regulator SEBI for its IPO. The issue will be an offer of shares for sale from existing investors.
BJP gives Maharashtra RS seat to Ramdas Athawale, Prakash Javadekar left out
BJP today gifted its lone RS seat from Maharashtra to its ally RPI leader Ramdas Athawale as it declared its remaining five candidates for the February 7 election to the Upper House.
Priya Dutt victim of goof-up in voters' list
Dutt, Member of Parliament from North Central Mumbai cannot recognise her face on the electoral list because her photo has been switched with one Ratna Gupta's.
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