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Inox Wind gains on bagging 60 MW order from Serentica Renewables

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

18 Dec 2024 Evaluate

Inox Wind is currently trading at Rs. 194.40, up by 1.80 points or 0.93% from its previous closing of Rs. 192.60 on the BSE.

The scrip opened at Rs. 193.60 and has touched a high and low of Rs. 195.10 and Rs. 191.35 respectively. So far 94076 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.10 on 23-Sep-2024 and a 52 week low of Rs. 99.03 on 19-Dec-2023.

Last one week high and low of the scrip stood at Rs. 206.50 and Rs. 191.35 respectively. The current market cap of the company is Rs. 25117.59 crore.

The promoters holding in the company stood at 48.27%, while Institutions and Non-Institutions held 24.90% and 26.83% respectively.

Inox Wind has bagged a 60 MW order from Serentica Renewables (Serentica), a leading C&I focused renewable energy company in India. This order is for the supply of 3 MW class turbines to be delivered within H1CY25. Additionally, the company will provide multi-year post commissioning operations & maintenance (O&M) services for these WTGs, which will be erected at the hybrid renewable energy project site being developed by Serentica in Karnataka.

The power generated from this project will be supplied to Serentica’s partners, including the Vedanta Group. This milestone order for the company opens up large future opportunities to partner with another marquee C&I customer. In its quest to decarbonize energy intensive industries through green power, Serentica has ambitious plans to massively scale up its RE capacities.

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

Inox Wind Share Price

100.05 2.76 (2.84%)

21-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Havells India	1328.20
Siemens	3718.90
Apar Inds	11713.20
ABB India	7254.80
Waaree Energies	3474.00
View more..

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Inox Wind gains on bagging 60 MW order from Serentica Renewables

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