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INOX WIND Gains 5%; BSE CAPITAL GOODS Index Down 0.0%
Thu, 22 Aug 10:17

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

INOX WIND share price has zoomed 5% and is presently trading at Rs 225.4.

Meanwhile, the BSE CAPITAL GOODS index is at 73,113.0 .

Among the top gainers in the BSE CAPITAL GOODS index today are Carborundum Universal (up 1.9%) and Finolex Cables (up 1.6%).

ABB (down 0.9%) and SCHAEFFLER INDIA (down 0.7%) are among the top losers today.

Over the last one year, INOX WIND has moved up from Rs 48.8 to Rs 225.4, registering a gain of Rs 176.6 (up 362.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,641.7 to 73,113.0, registering a gain of 67.5% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 196.2%), HINDUSTAN AERO. (up 147.8%) and Bharat Electronics (up 135.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,010.9 (up 0.1%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 1.2%) and Asian Paints (up 0.9%). The most traded stocks in the BSE Sensex are Bharti Airtel and Tata Steel.

In the meantime, NSE Nifty is at 24,813.8 (up 0.2%). Grasim Industries and Tata Consumer Products are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,010.9, registering a gain of 15,794.8 points (up 24.2%).

INOX WIND Financial Update...

INOX WIND net profit grew 172.7% YoY to Rs 472 million for the quarter ended June 2024, compared to a loss of Rs 649 million a year ago. Net sales rose 83.2% to Rs 6,388 million during the period as against Rs 3,487 million in April-June 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 493.6.


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