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INOX WIND Gains 5%; BSE CAPITAL GOODS Index Down 0.0%
Mon, 28 Oct 11:7

INOX WIND Gains 5%; BSE CAPITAL GOODS Index Down 0.0%Image source: Kameleon007 /www.istockphoto.com

INOX WIND share price has zoomed 5% and is presently trading at Rs 213.0.

Meanwhile, the BSE CAPITAL GOODS index is at 66,396.4 .

Among the top gainers in the BSE CAPITAL GOODS index today are Thermax (up 3.3%) and Graphite India (up 2.1%).

GRINDWELL NORTON (down 3.3%) and SCHAEFFLER INDIA (down 2.4%) are among the top losers today.

Over the last one year, INOX WIND has moved up from Rs 49.5 to Rs 213.0, registering a gain of Rs 163.5 (up 330.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 45,605.4 to 66,396.4, 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 130.2%), Bharat Electronics (up 106.3%) and Siemens (up 99.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,213.5 (up 1.0%).

The top gainers among the BSE Sensex today are ICICI Bank (up 3.3%) and M&M (up 3.1%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.

In the meantime, NSE Nifty is at 24,379.8 (up 0.8%). Shriram Transport and Adani Enterprises are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,049.1 to 80,213.5, registering a gain of 16,164.4 points (up 25.2%).

INOX WIND Financial Update...

INOX WIND net profit grew 408.7% YoY to Rs 902 million for the quarter ended September 2024, compared to a loss of Rs 292 million a year ago. Net sales rose 97.6% to Rs 7,322 million during the period as against Rs 3,706 million in July-September 2023.

For the year ended March 2024, INOX WIND reported 92.7% increase in net profit to Rs -508 million compared to net loss of Rs 6,968 million during FY23. Revenue of the company grew 137.8% to Rs 17,432 million during FY24.

The current Price to earnings ratio of INOX WIND, based on rolling 12 month earnings, stands at 155.1.


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