Indian Energy Exchange (IEX) jumped 8.43% to Rs 334.50, rising for the second trading session.Shares of IEX surged 11% in two trading days from its previous closing low of Rs 301.25 on 9 March 2021. The counter hit a record high of Rs 349 in intraday today. The stock is up 200% from its 52-week low of Rs 111.05 posted on 23 March 2020. On the BSE, 4.89 lakh shares were traded in the counter so far compared with average daily volumes of 2.11 lakh shares in the past two weeks. The counter saw demand after the company on Wednesday announced a strategic divestment of 26% of its equity holding in Indian Gas Exchange (IGX) to National Stock Exchange of India and additional 5% equity holding to ONGC. Under the agreement, NSE will purchase 1,92,07,500 equity shares having a face value of Rs 10 each representing 26% stake of IGX from IEX for Rs 19.20 crore. Further, ONGC will purchase 36,93,750 equity shares representing 5% stake in IGX from IEX for Rs 3.69 crore.