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INOX WIND Gains 3%; BSE CAPITAL GOODS Index Up 0.3%
Tue, 25 Jun 13:40

INOX WIND Gains 3%; BSE CAPITAL GOODS Index Up 0.3%Image source: StarLineArts/www.istockphoto.com

INOX WIND share price has zoomed 3% and is presently trading at Rs 143.1.

Meanwhile, the BSE CAPITAL GOODS index is at 72,699.6 (up 0.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are Finolex Cables (up 3.2%) and TIMKEN INDIA (up 3.0%).

AIA Engineering (down 2.0%) and Thermax (down 1.5%) are among the top losers today.

Over the last one year, INOX WIND has moved up from Rs 39.9 to Rs 143.1, registering a gain of Rs 103.2 (up 258.6%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 39,945.7 to 72,699.6, registering a gain of 82.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 238.0%), HINDUSTAN AERO. (up 179.8%) and Bharat Electronics (up 152.9%).

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

What About the Benchmark Indices?

The BSE Sensex is at 77,877.3 (up 0.7%).

The top gainers among the BSE Sensex today are Axis Bank (up 3.0%) and HDFC Bank (up 2.4%). The most traded stocks in the BSE Sensex are HDFC Bank and Power Grid Corp..

In the meantime, NSE Nifty is at 23,673.5 (up 0.6%). Axis Bank and HDFC Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,523.2 to 77,877.3, registering a gain of 14,354.2 points (up 22.6%).

INOX WIND Financial Update...

INOX WIND net profit grew 131.6% YoY to Rs 377 million for the quarter ended March 2024, compared to a loss of Rs 1,193 million a year ago. Net sales rose 173.8% to Rs 5,277 million during the period as against Rs 1,928 million in January-March 2023.

For the year ended March 2023, INOX WIND reported 39.0% decrease in net profit to Rs -6,707 million compared to net loss of Rs 4,826 million during FY22. Revenue of the company grew 18.0% to Rs 7,370 million during FY23.

The current Price to earnings ratio of INOX WIND, based on rolling 12 month earnings, stands at -355.1.


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