New Delhi, July 25 -- IEX share price rebounded sharply on Friday, jumping over 12% in early trade, partially recovering from the previous session's steep decline. IEX share price surged as much as 12.11% to Rs.148.50 apiece on the BSE.

On Thursday, July 24, IEX share price had plunged nearly 30%, marking its seventh consecutive session of decline. The sell-off was triggered after the Central Electricity Regulatory Commission (CERC) announced the implementation of market coupling from next year.

Post market hours on Thursday, Indian Energy Exchange (IEX) reported its financial results for the first quarter of FY26. The company posted a 25% year-on-year (YoY) increase in consolidated net profit to Rs.120 crore, compared to Rs.96 crore in...