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INOX WIND Gains 3%; BSE CAPITAL GOODS Index Up 0.2%
Thu, 28 Nov 11:54

INOX WIND Gains 3%; BSE CAPITAL GOODS Index Up 0.2%Image source: peterschreiber.media/www.istockphoto.com

INOX WIND share price has zoomed 3% and is presently trading at Rs 193.2.

Meanwhile, the BSE CAPITAL GOODS index is at 70,496.0 (up 0.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 10.0%) and Lakshmi Machine (up 2.7%).

ABB (down 1.4%) and L&T (down 0.4%) are among the top losers today.

Over the last one year, INOX WIND has moved up from Rs 70.8 to Rs 193.2, registering a gain of Rs 122.4 (up 172.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,868.6 to 70,496.0, registering a gain of 44.3% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 117.4%), Siemens (up 107.1%) and HINDUSTAN AERO. (up 96.3%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,537.5 (down 0.9%).

The top losers among the BSE Sensex today are Infosys (down 2.8%) and M&M (down 2.7%). The most traded stocks in the BSE Sensex are MUNDRA PORT & SEZ and Axis Bank.

In the meantime, NSE Nifty is at 24,107.2 (down 0.7%). Infosys and Tech Mahindra are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,537.5, registering a gain of 13,363.3 points (up 20.2%).

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 140.7.


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