₹615.65
3.19%
Low
Day's Volatility:6.54%
High
3.35%
82.94%
Low
52 Weeks Volatility:90.64%
High
7.69%
Returns % | |
1 Month Return | 13.91 % |
3 Month Return | 15.09 % |
1 Year Return | 449.2 % |
Market Stats | |
Previous Close | ₹627.55 |
Open | ₹634.00 |
Volume | 12.11L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹20,454.90Cr |
based on 3 analysts
Based on 3 analysts offering long term price targets for Inox Wind Ltd. An average target of ₹663
Source: S&P Global Market Intelligence
Organisation | Inox Wind Ltd |
Headquarters | Noida |
Industry | Capital Goods - Electrical Equipment |
E-voting on shares | Click here to vote |
Key events for Inox Wind Ltd
Inox Wind announces its first-ever bonus issue with a record date set for May 18, 2024, and reports a consolidated net profit of Rs 19.07 crore in the March quarter. The issuance of bonus equity shares is subject to shareholder approval at an EGM scheduled for May 17, 2024.
Inox Wind Reports Strong Q4 Results with Net Profit of Rs 36.7 Crore - 03 May, 2024
Inox Wind Ltd reported a consolidated net profit of Rs 36.7 crore for Q4 FY24, with revenue from operations up by 176.69% YoY. The company secured the single-largest wind project order of 1,500 MW during the quarter, resulting in a healthy order book of 2.7 GW having a revenue potential of Rs 18,000 crore. Inox Wind CEO Kailash Tarachandani expects to be net debt-free within H1 FY25.
Inox Wind Board Approves Bonus Issue; Turns Profitable in Q3 FY23-24 - 25 Apr, 2024
Inox Wind Ltd's board has approved a 3:1 bonus issue, enhancing liquidity and broadening participation of investors. ICICI Securities' positive outlook on renewable energy also bodes well for the company. In addition, Inox Wind turned profitable in Q3 FY23-24.
Inox Wind Plans Bonus Share Issuance, Secures 210 MW Order from HFE - 24 Apr, 2024
Inox Wind plans to issue bonus shares and recently secured a substantial order for the supply of 210 MW of wind turbine generators (WTGs) from Hero Future Energies. The company's ongoing success in the renewable energy sector is highlighted by this repeat order for its 3 MW Wind Turbine series.
Inox Wind Board Considers Bonus Share Proposal; Stock Jumps 9% - 23 Apr, 2024
Inox Wind Ltd's board is set to consider issuing bonus equity shares, leading to an 8% surge in share prices. The company has seen significant growth in revenue and profits, with a multibagger return of 488% to shareholders in one year. Anand Rathi predicts further success for the company due to its strong order book and debt reduction.
Inox Wind Ltd Share Price Soars with Strong Revenue Growth - 20 Apr, 2024
Inox Wind Ltd's share price has gained 28% in the last month and 471% in the last year, thanks to impressive revenue growth of 107% last year and an estimated growth of 183% next year. The company's strong revenue outlook is contributing to its high P/S ratio, but shareholders are confident future revenues aren't under threat.
Inox Wind Bags Repeat Order for 210 MW Project - 19 Apr, 2024
Inox Wind secures a repeat order for the supply of 210 MW of wind turbine generators (WTGs) from Hero Future Energies, one of India's leading renewable energy players. The company will also provide post-commissioning multi-year operations and maintenance services. Inox Wind has witnessed substantial revenue growth, surging by 122% annually, and turned around net losses to profits during Q3FY24. Shares have delivered multibagger returns in the last six months.
Analysts Initiate Coverage of Inox Wind Ltd with Buy Ratings - 13 Apr, 2024
Inox Wind Ltd is expected to benefit from the huge acceleration in wind-energy capacities, limited competition, and government policy measures. Analysts initiate coverage with Buy ratings based on 30 times FY26e price to earning.
Analysts Bullish on Inox Wind's Growth Prospects - 12 Apr, 2024
Domestic brokerages Anand Rathi and Systematix Institutional Equities have initiated coverage on Inox Wind Ltd with Buy ratings. The company is expected to benefit from the upturn in the wind energy sector, with a projected market size of 5GW-8GW in FY25/FY26. Analysts expect strong earnings growth and delivery assurance for FY25/FY26, with Inox Wind positioned to deliver strong free cash flows.
Inox Wind Aims to Execute 800 MW in FY25 - 09 Apr, 2024
Inox Wind has picked up 2 GW worth of orders in the last six months, and as of Q3 FY24, its net order book stood at 2,575 MW with a revenue potential of approximately Rs 15,450 crore. The company aims to execute 800 MW in FY25.
BSE Increases Circuit Limit for Inox Wind Ltd and Other Stocks - 05 Apr, 2024
The BSE has increased the circuit limit for 331 stocks, including Inox Wind, to 10% from 5%. The revised price band will be effective on April 5.
Fundamentals of Inox Wind Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Price Rise
In the last 6 months, INOXWIND stock has moved up by 158.1%
Profit Spike
Netprofit is up for the last 5 quarters, -287.22 Cr → 1.07 Cr (in ₹), with an average increase of 686.9% per quarter
Revenue Rich
Revenue is up for the last 4 quarters, 197.17 Cr → 506.88 Cr (in ₹), with an average increase of 25.8% per quarter
Against Peers
In the last 3 years, Suzlon Energy Ltd has given 718.8% return, outperforming this stock by 10.9%
Against Peers
In the last 1 year, Insolation Energy Ltd has given 1127.1% return, outperforming this stock by 677.9%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 52.87% of holdings in Mar 2024 quarter
MF Holding Down
Mutual Funds have decreased holdings from 8.94% to 8.32% in Mar 2024 quarter
Retail Holding Down
Retail Investor have decreased holdings from 27.66% to 27.39% in Mar 2024 quarter
FII Holding Down
Foreign Institutions have decreased holdings from 9.49% to 9.46% in Mar 2024 quarter
Inox Wind Ltd in the last 5 years
Lowest (-682.50x)
January 22, 2018
Today (-382.39x)
May 3, 2024
Industry (145.51x)
May 3, 2024
Highest (-1.46x)
March 31, 2020
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 52.87% | 0.00 | |
Foreign Institutions | 9.46% | 0.00 | |
Mutual Funds | 8.32% | 0.00 | |
Retail Investors | 27.39% | 0.00 | |
Others | 1.95% | 0.00 |
Technicals of Inox Wind Ltd share
News & Events of Inox Wind Ltd
Inox Wind Ltd (INOXWIND) share price today is ₹615.65
Inox Wind Ltd is listed on NSE
Inox Wind Ltd is listed on BSE
PE Ratio of Inox Wind Ltd is -382.39
PE ratio = Inox Wind Ltd Market price per share / Inox Wind Ltd Earnings per share
Today’s traded volume of Inox Wind Ltd(INOXWIND) is 12.11L.
Today’s market capitalisation of Inox Wind Ltd(INOXWIND) is ₹20454.9Cr.
Inox Wind Ltd(INOXWIND | Price |
---|---|
52 Week High | ₹663 |
52 Week Low | ₹105 |
Inox Wind Ltd(INOXWIND) share price is ₹615.65. It is down -7.14% from its 52 Week High price of ₹663
Inox Wind Ltd(INOXWIND) share price is ₹615.65. It is up 486.33% from its 52 Week Low price of ₹105
Inox Wind Ltd(INOXWIND | Returns |
---|---|
1 Day Returns | -11.9% |
1 Month Returns | 13.91% |
3 Month Returns | 15.09% |
1 Year Returns | 449.2% |