IEX shares jump 3% ahead of share buyback decision; PL sees stock at Rs 175 in short-term

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Indian Energy Exchange (IEX) shares rose over 3 per cent in Friday’s trade ahead of the company’s board meeting to consider the share buyback plan. Brokerage Prabhudas Lilladher (PL) sees strong momentum on the stock and expects the IEX share to reach 175 in near future.

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