Indian Energy Exchange (IEX) Stock Faces Dip, Given 'Hold' Rating by MarketsMOJO

Indian Energy Exchange (IEX) has recently faced a dip in its stock performance, with a loss of -5.31% on October 14, 2024. This midcap company, which operates in the power generation and distribution industry, has been given a 'Hold' rating by MarketsMOJO. The stock's performance today has underperformed the sector by -5.26%, with a day's low of Rs 192.25 (-5.97%). However, the stock's moving averages are currently higher than the 100 day and 200 day moving averages, but lower than the 5 day, 20 day, and 50 day moving averages. In comparison to the Sensex, Indian Energy Exchange's 1 day performance is -4.16%, while the Sensex has shown a positive performance of 0.68%. Similarly, the company's 1 month performance is -10.48%, while the Sensex has shown a slightly better performance of -1.15%. Despite the recent dip in stock performance, Indian Energy Exchange remains a midcap company in the power generation and distribution industry. Investors are advised to hold their positions and monitor the company's performance in the coming days.