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Inox Wind surges on signing binding agreement with Integrum Energy Infrastructure

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

09 Mar 2021 Evaluate

Inox Wind is currently trading at Rs. 70.80, up by 1.55 points or 2.24% from its previous closing of Rs. 69.25 on the BSE.

The scrip opened at Rs. 71.90 and has touched a high and low of Rs. 71.90 and Rs. 70.45 respectively. So far 3482 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 75.00 on 15-Feb-2021 and a 52 week low of Rs. 16.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 75.00 and Rs. 67.10 respectively. The current market cap of the company is Rs. 1536.78 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 1.63% and 23.37% respectively.

Inox Wind has signed a binding agreement with Integrum Energy Infrastructure to supply, erect and commission 92 MW of wind power projects comprising of 2 MW (113 metre rotor diameter turbine combined with 92 metre hub height) turbines with a combination of total turnkey and limited scope supply. Inox Wind shall supply, erect and commission the turbines at various locations in the states of Gujarat, Karnataka, Maharashtra & Tamil Nadu by Q3 of FY 22 for captive customers.

The agreement includes a turnkey order of 26 MW for which Inox Wind will provide Integrum Energy with end-to-end solutions from development and construction to commissioning and providing long term operations and maintenance services. This is a repeat order from Integrum Energy within a short period of 3 months which consisted of a 20 MW of turnkey wind project in Karnataka.

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

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Inox Wind surges on signing binding agreement with Integrum Energy Infrastructure

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