IEX Shares Rocket 13% on APTEL's Market Coupling Remarks; Investors Rush In

• IEX shares surged nearly 13% to ₹153.5 on January 6, driven by Electricity Appellate Tribunal (APTEL) observations on market coupling regulations.
• APTEL made strict comments, suggesting the market coupling order might have been influenced, raising hopes for its reconsideration.
• IEX's lawyer argued for quashing the market coupling order, with the next hearing scheduled for January 9, potentially leading to a resolution.
• The stock closed with a 9% gain, seeing four times its average trading volume, supported by an 11.9% increase in electricity trading on the exchange.
• Market coupling, set for January 2026, aims for a unified electricity price across exchanges, threatening IEX's 85% market share dominance.

Why It Matters: IEX shares soared on APTEL's critical remarks about market coupling, with future price movement tied to the January 9 hearing.