Indian Energy Exchange (IEX) is the premier electricity exchange in India, which facilitates trading of electricity regulated by the Central Electricity Regulatory Commission
*IEX commands a market share of ~90% in the power exchange market
*The company has a debt free balance sheet with cash & investments to the tune of ~ |340 crore
*Found attractive swing trade/ short term investment opportunity with lower risk ratio
*Buy for the target - 166, 180, 220 Stoploss - 130