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INOX WIND ENERGY Gains 7%; BSE CAPITAL GOODS Index Down 0.0%
Mon, 12 Aug 9:34

INOX WIND ENERGY Gains 7%; BSE CAPITAL GOODS Index Down 0.0%Image source: Chunumunu/www.istockphoto.com

INOX WIND ENERGY share price has zoomed 7% and is presently trading at Rs 8,751.0.

Meanwhile, the BSE CAPITAL GOODS index is at 72,510.3 .

Among the top gainers in the BSE CAPITAL GOODS index today are Graphite India (up 3.7%) and AIA Engineering (up 3.6%).

TIMKEN INDIA (down 3.4%) and ADANI GREEN ENERGY (down 2.4%) are among the top losers today.

Over the last one year, INOX WIND ENERGY has moved up from Rs 2,822.3 to Rs 8,751.0, registering a gain of Rs 5,928.7 (up 210.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,202.8 to 72,510.3, registering a gain of 67.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 203.6%), HINDUSTAN AERO. (up 150.5%) and Bharat Electronics (up 133.4%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 79,449.8 (down 0.3%).

The top losers among the BSE Sensex today are NTPC (down 1.6%) and MUNDRA PORT & SEZ (down 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and MUNDRA PORT & SEZ.

In the meantime, NSE Nifty is at 24,274.7 (down 0.4%). Adani Enterprises and NTPC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,846.5 to 79,449.8, registering a gain of 13,603.3 points (up 20.7%).

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 791.5.


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