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Can PE-backed Indian Energy Exchange use slackening power demand to its advantage?

By Aman Malik

  • 12 Dec 2019
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Can PE-backed Indian Energy Exchange use slackening power demand to its advantage?
Credit: VCCircle

Indian Energy Exchange Ltd (IEX)’s stock performance has been muted since its debut two years ago. This comes even as the firm has posted a steady rise in revenue and profit over the past five years. To be sure, IEX hasn't been listed for long – two years is a relatively ......

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