Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

INOX WIND Gains 9%; BSE CAPITAL GOODS Index Down 0.5%
Mon, 2 Dec 11:0

INOX WIND Gains 9%; BSE CAPITAL GOODS Index Down 0.5%Image source: hudiemm/www.istockphoto.com

INOX WIND share price has zoomed 9% and is presently trading at Rs 207.5.

Meanwhile, the BSE CAPITAL GOODS index is at 70,369.1 (down 0.5%).

Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 1.1%) and TIMKEN INDIA (up 0.7%).

Carborundum Universal (down 1.3%) and L&T (down 1.3%) are among the top losers today.

Over the last one year, INOX WIND has moved up from Rs 70.8 to Rs 207.5, registering a gain of Rs 136.7 (up 193.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,868.6 to 70,369.1, registering a gain of 44.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 115.7%), Siemens (up 108.9%) and HINDUSTAN AERO. (up 95.3%).

End of Year Sale: Save Rs 6,050 on our small cap research

What About the Benchmark Indices?

The BSE Sensex is at 79,710.9 (down 0.1%).

The top losers among the BSE Sensex today are Indusind Bank (down 1.5%) and L&T (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Kotak Bank.

In the meantime, NSE Nifty is at 24,112.7 (down 0.1%). HDFC LIFE INSURANCE and Indusind Bank are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,710.9, registering a gain of 13,536.7 points (up 20.5%).

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 151.2.


Equitymaster requests your view! Post a comment on "INOX WIND Gains 9%; BSE CAPITAL GOODS Index Down 0.5%". Click here!