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Inox Wind Energy Ltd

Inox Wind Energy Ltd (IWEL)

₹7831.7▲1.02%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Inox Wind Energy Ltd share Performance

₹7775
₹7990
₹7831.7
0.72%
Low
Day's Volatility:2.75%
High
2.02%
₹1062
₹7999
₹7831.7
86.44%
Low
52 Weeks Volatility:88.58%
High
2.14%

Returns %
1 Month Return	32.7 %
3 Month Return	33.67 %
1 Year Return	616.5 %

Market Stats
Previous Close	₹7,752.55
Open	₹7,950.00
Volume	9,605.00
Upper Circuit	-
Lower Circuit	-
Market Cap	₹9,339.94Cr

Company Information

Inox Wind Energy Limited (IWEL) is a Public Limited Company incorporated under the Companies Act 2013 in March 2020 that focuses on wind energy generation and sale. It is a subsidiary of GFL Limited which underwent a Composite Scheme of Arrangement and Demerger resulting in the transfer of Renewable Energy business from GFL to IWEL. The company operates at various sites in India including Tamil Nadu, Maharashtra, Kerala and Rajasthan and provides clean electricity. The Composite Scheme of Arrangement and Demerger was approved by the National Company Law Tribunal (NCLT) on 25th January 2021 and was made effective from 9th February 2021. IWEL is aiming to expand its operations and capitalise on a global wind energy market that has huge potential for carbon emission elimination.

Share Price: ₹7831.70 per share as on 02 May, 2024 04:01 PM
Market Capitalisation: ₹9,339.94Cr as of today
Revenue: ₹504.22Cr as on December 2023 (Q4 23)
Net Profit: ₹-6.52Cr as on December 2023 (Q4 23)
Listing date: 11 Jun, 2021
Chairperson Name: Shanti Prasad Jain

Organisation	Inox Wind Energy Ltd
Headquarters	Noida
Industry	Power Generation & Distribution
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Key events for Inox Wind Energy Ltd

Inox Wind Energy Ltd Shares Surge 29% - 26 Apr, 2024
Inox Wind Energy Ltd shares have gained 29% in the last month alone, rounding out a remarkable 573% gain over the last twelve months. The company grew revenue by an impressive 105% last year and has also lifted 113% in aggregate from three years ago. Investors are bullish on the stock despite potential challenges ahead.

Fundamentals of Inox Wind Energy Ltd

Insights on Inox Wind Energy Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 25.18% to 26.97% in Mar 2024 quarter
POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, -41.95 Cr → -7.86 Cr (in ₹), with an average increase of 433.7% per quarter
POSITIVE IMPACT
Price Rise
In the last 1 month, IWEL stock has moved up by 32.7%
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 4 quarters, 194.61 Cr → 509.21 Cr (in ₹), with an average increase of 26.1% per quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 69.51% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, Insolation Energy Ltd has given 1015.7% return, outperforming this stock by 399.2%
NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 3.75% to 2.65% in Mar 2024 quarter
NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 1.10% to 0.40% in Mar 2024 quarter