MoneyWorks4Me

Inox Wind surges on bagging order for 200 MW from renewable C&I power producer

09 Jul 2024 Evaluate

Inox Wind is currently trading at Rs. 162.00, up by 3.70 points or 2.34% from its previous closing of Rs. 158.30 on the BSE.

The scrip opened at Rs. 163.90 and has touched a high and low of Rs. 168.85 and Rs. 161.35 respectively. So far 410029 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 177.00 on 27-May-2024 and a 52 week low of Rs. 42.78 on 10-Jul-2023.

Last one week high and low of the scrip stood at Rs. 168.85 and Rs. 140.45 respectively. The current market cap of the company is Rs. 20639.06 crore.

The promoters holding in the company stood at 52.87%, while Institutions and Non-Institutions held 19.62% and 27.49% respectively.

Inox Wind (IWL) has bagged an order for 200 MW from a renewable C&I power producer. The order is for IWL’s latest 3 MW Wind Turbine Generators (WTGs) and the scope comprises of end-to-end turnkey execution. Additionally, Inox Wind will provide post commissioning multi-year operations & maintenance (O&M) services. The project will be executed across the states of Gujarat and Rajasthan. 

Inox Wind is India’s leading wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate Investors.


Peers
Company Name CMP
Waaree Energies 2535.10
Apar Industries 18873.90
Havells India 1096.00
Suzlon Energy 43.30
Siemens 3822.80
View more..