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INOX WIND ENERGY Gains 5%; BSE CAPITAL GOODS Index Down 0.0%
Tue, 29 Oct 9:24

INOX WIND ENERGY Gains 5%; BSE CAPITAL GOODS Index Down 0.0%Image source: Ivcandy/www.istockphoto.com

INOX WIND ENERGY share price has zoomed 5% and is presently trading at Rs 11,990.0.

Meanwhile, the BSE CAPITAL GOODS index is at 66,415.6 .

Among the top gainers in the BSE CAPITAL GOODS index today are SKF India (up 2.1%) and SCHAEFFLER INDIA (up 1.1%).

Thermax (down 1.2%) and ADANI GREEN ENERGY (down 1.1%) are among the top losers today.

Over the last one year, INOX WIND ENERGY has moved up from Rs 2,440.6 to Rs 11,990.0, registering a gain of Rs 9,549.5 (up 391.3%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 45,605.4 to 66,415.6, registering a gain of 45.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 129.3%), Bharat Electronics (up 107.6%) and BHEL (up 98.9%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,718.3 (down 0.4%).

The top losers among the BSE Sensex today are M&M (down 1.8%) and Bharti Airtel (down 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,293.7 (down 0.2%). M&M and IOC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,049.1 to 79,718.3, registering a gain of 15,669.2 points (up 24.5%).

INOX WIND ENERGY Financial Update...

INOX WIND ENERGY net profit grew 241.9% YoY to Rs 845 million for the quarter ended September 2024, compared to a loss of Rs 595 million a year ago. Net sales rose 97.4% to Rs 7,330 million during the period as against Rs 3,714 million in July-September 2023.

For the year ended March 2024, INOX WIND ENERGY reported 87.1% increase in net profit to Rs -891 million compared to net loss of Rs 6,908 million during FY23. Revenue of the company grew 139.2% to Rs 17,463 million during FY24.

The current Price to earnings ratio of INOX WIND ENERGY, based on rolling 12 month earnings, stands at 91.8.


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