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INOX WIND ENERGY Gains 7%; BSE CAPITAL GOODS Index Down 0.2%
Wed, 14 Aug 9:26

INOX WIND ENERGY Gains 7%; BSE CAPITAL GOODS Index Down 0.2%Image source: phive2015/www.istockphoto.com

INOX WIND ENERGY share price has zoomed 7% and is presently trading at Rs 10,430.0.

Meanwhile, the BSE CAPITAL GOODS index is at 71,835.4 (down 0.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are V GUARD IND. (up 6.1%) and Lakshmi Machine (up 1.2%).

SKF India (down 3.1%) and GMR Infra (down 1.3%) are among the top losers today.

Over the last one year, INOX WIND ENERGY has moved up from Rs 2,691.3 to Rs 10,430.0, registering a gain of Rs 7,738.7 (up 287.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,332.6 to 71,835.4, registering a gain of 65.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 186.1%), HINDUSTAN AERO. (up 141.2%) and Bharat Electronics (up 126.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 78,997.3 (up 0.1%).

The top gainers among the BSE Sensex today are SBI (up 1.1%) and Tata Motors (up 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,146.7 . Hindalco and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 78,997.3, registering a gain of 13,595.4 points (up 20.8%).

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 943.4.


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