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INOX WIND Gains 6%; BSE CAPITAL GOODS Index Up 0.7%
Wed, 24 Jul 11:20

INOX WIND Gains 6%; BSE CAPITAL GOODS Index Up 0.7%Image source: asbe/www.istockphoto.com

INOX WIND share price has zoomed 6% and is presently trading at Rs 158.3.

Meanwhile, the BSE CAPITAL GOODS index is at 71,689.0 (up 0.7%).

Among the top gainers in the BSE CAPITAL GOODS index today are SCHAEFFLER INDIA (up 4.9%) and TIMKEN INDIA (up 3.0%).

Thermax (down 1.2%) and Siemens (down 0.3%) are among the top losers today.

Over the last one year, INOX WIND has moved up from Rs 52.9 to Rs 158.3, registering a gain of Rs 105.3 (up 199.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 42,734.2 to 71,689.0, 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 216.3%), HINDUSTAN AERO. (up 150.8%) and Bharat Electronics (up 140.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,207.9 (down 0.3%).

The top losers among the BSE Sensex today are Bajaj Finance (down 2.6%) and Bajaj Finserv (down 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,441.4 (down 0.2%). Tata Consumer Products and Bajaj Finance are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,384.8 to 80,207.9, registering a gain of 13,823.1 points (up 20.8%).

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 -392.9.

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