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INOX WIND Gains 4%; BSE CAPITAL GOODS Index Up 1.3%
Thu, 12 Sep 14:32

INOX WIND Gains 4%; BSE CAPITAL GOODS Index Up 1.3%Image source: asbe/www.istockphoto.com

INOX WIND share price has zoomed 4% and is presently trading at Rs 247.9.

Meanwhile, the BSE CAPITAL GOODS index is at 72,396.7 (up 1.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are Thermax (up 2.7%) and Graphite India (up 2.7%).

Lakshmi Machine (down 1.4%) and V GUARD IND. (down 0.8%) are among the top losers today.

Over the last one year, INOX WIND has moved up from Rs 52.2 to Rs 247.9, registering a gain of Rs 195.7 (up 374.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,746.4 to 72,396.7, registering a gain of 51.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 127.1%), Bharat Electronics (up 101.6%) and BHEL (up 89.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,509.9 (up 1.2%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 4.0%) and NTPC (up 2.7%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,251.8 (up 1.3%). Bharti Airtel and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,127.1 to 82,509.9, registering a gain of 15,382.8 points (up 22.9%).

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 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 543.0.


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