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ICM Finance sells 1.5% stake in Inox Green Energy Services

03 May 2024 Evaluate

ICM Finance has pared a 1.5 per cent stake in Inox Green Energy Services for Rs 63 crore through open market transactions. ICM Finance sold 44,12,880 shares in two tranches, representing a 1.5 per cent stake in Inox Green Energy Services. The shares were sold within the price range of Rs 144.53-144.58 apiece, taking the combined deal value to Rs 63.78 crore.

Inox Green Energy Services is one of the major wind power operations and maintenance (O&M) service providers within India. The Company is engaged in the business of providing long-term O&M services for wind projects.


Peers
Company Name CMP
Larsen & Toubro 3685.50
Kalpataru Projects 1357.40
NCC 130.10
Rail Vikas Nigam 197.00
KEC International 372.40
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