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INOX WIND ENERGY Gains 10%; BSE CAPITAL GOODS Index Up 0.0%
Tue, 13 Aug 13:3

INOX WIND ENERGY Gains 10%; BSE CAPITAL GOODS Index Up 0.0%Image source: hudiemm/www.istockphoto.com

INOX WIND ENERGY share price has zoomed 10% and is presently trading at Rs 9,925.5.

Meanwhile, the BSE CAPITAL GOODS index is at 72,590.9 .

Among the top gainers in the BSE CAPITAL GOODS index today are V GUARD IND. (up 3.2%) and ADANI GREEN ENERGY (up 1.9%).

AIA Engineering (down 5.4%) and SCHAEFFLER INDIA (down 2.2%) are among the top losers today.

Over the last one year, INOX WIND ENERGY has moved up from Rs 2,920.9 to Rs 9,925.5, registering a gain of Rs 7,004.6 (up 239.8%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,553.3 to 72,590.9, registering a gain of 66.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 192.8%), HINDUSTAN AERO. (up 147.4%) and Bharat Electronics (up 128.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,278.4 (down 0.5%).

The top losers among the BSE Sensex today are HDFC Bank (down 2.7%) and Tata Motors (down 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 24,234.3 (down 0.5%). HDFC Bank and HDFC LIFE INSURANCE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,995.8 to 79,278.4, registering a gain of 13,282.6 points (up 20.1%).

INOX WIND ENERGY Financial Update...

INOX WIND ENERGY net profit grew 158.3% YoY to Rs 384 million for the quarter ended June 2024, compared to a loss of Rs 658 million a year ago. Net sales rose 83.0% to Rs 6,396 million during the period as against Rs 3,495 million in April-June 2023.

For the year ended March 2023, INOX WIND ENERGY reported 34.1% decrease in net profit to Rs -6,647 million compared to net loss of Rs 4,956 million during FY22. Revenue of the company grew 23.3% to Rs 7,339 million during FY23.

The current Price to earnings ratio of INOX WIND ENERGY, based on rolling 12 month earnings, stands at 897.7.


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