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Inox Wind shines on signing agreement with AMSC

Inox Wind Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 539083 | NSE: INOXWIND

28 Nov 2018 Evaluate

Inox Wind is currently trading at Rs. 86.15, up by 4.65 points or 5.71% from its previous closing of Rs. 81.50 on the BSE.

The scrip opened at Rs. 84.70 and has touched a high and low of Rs. 86.25 and Rs. 84.50 respectively. So far 6556 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 158.40 on 04-Dec-2017 and a 52 week low of Rs. 73.00 on 10-Oct-2018.

Last one week high and low of the scrip stood at Rs. 86.25 and Rs. 81.15 respectively. The current market cap of the company is Rs. 1808.63 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 7.96% and 17.04% respectively.

Inox Wind has signed an exclusive agreement with AMSC, a global solutions provider serving the wind and power grid industry, to launch the 3MW wind turbine which is especially suitable for low wind regimes in India. The 3MW wind turbine platform is a globally operating and proven platform. This agreement comes on back of the existing license for the 2MW range of wind turbines currently being offered by Inox Wind.

The 3MW wind turbine is going to be a revolutionary product in India which would improve energy yields, reduce levelised cost of energy (LCoE) and offer superior performance which would help harness wind sites optimally and set new benchmarks in the Indian wind industry. This product would also support the competitive tariff environment currently present under the auction regime in India.

Inox Wind offers its clients total wind power solutions including wind resource assessment, acquiring land, developing the entire site infrastructure, building the power evacuation system, supplying the WTGs, erection and commissioning services, long term operations and maintenance services as well as post-commissioning support.

Inox Wind Share Price

97.81 2.35 (2.46%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Havells India	1305.85
Siemens	3706.55
Apar Inds	11474.15
ABB India	7029.95
Waaree Energies	3471.45
View more..

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Inox Wind shines on signing agreement with AMSC

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