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HomeMarket NewsIEX shares fall 10% from highs on CERC market coupling circular before APTEL hearing
APTEL is supposed to hear the market coupling case at 10:30 AM. The tribunal had said that if there are clear views expressed, the case will be heard and wrapped up on Friday itself.
Shares of IEX are down 4% on Friday, January 9, ahead of the Electricity Appellate Tribunal (APTEL) hearing on the market coupling case.
The stock, which traded with gains of 6% before the hearing, is now trading lower by as much as 4%.
Ahead of the hearing, the CERC issued a circular, stating that the July 2025 order, should be treated as a "direction" and not an "order."
This is breaking news. Will be updated with more.
First Published:
Jan 9, 2026 10:40 AM
IST
