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HomeBANKING₹156 Leading Wind Energy Share Got Huge Wind Energy Project; Share Will...

₹156 Leading Wind Energy Share Got Huge Wind Energy Project; Share Will Double

Inox Wind Ltd: The nation’s top wind energy firm Inox Wind has a huge project underway within Rajasthan in addition to Gujarat.

Inox Wind has received a request for a 200 MW wind energy project in each of these states.

The company claimed that this purchase (Inox Wind Limited) is for IWL’s most recent 3MW (each) wind turbine generator (WTG) and the purpose is to provide a complete turnkey execution.

Then, it is stated that shares of the company could increase.

Will Operate For Many Years

In addition, Inox Wind will also take care of its operation and maintenance for several years after it is fully operational.

Inox Wind’s Chief Executive Officer Kailash Tarachandani said in his statement that he believes this, in conjunction with their current order book and a strong pipeline of orders, demonstrates their resolve to deliver significant growth over FY 25 years and beyond.

Giving Bonus Shares To Shareholders

The company has recently announced in an announcement it is on its way to becoming debt-free. It also announced it will give bonuses to shareholders.

Inox Wind will give bonus shares at a percentage of 3:1. Inox Wind has given a high performance of 820 percent over five years. The company’s shares saw a rise of 15 percent.

900 Crores Raised Through Block Deal

Inox Wind Limited has given the company a 20 percent return this year. The promoters of the firm plan to put 900 crores into it and after that, it will be debt-free.

The company has gathered the amount via the block agreement.

Inox Wind Ltd Stock Performance

Current Price₹ 160
52-wk High₹ 177 
52-wk Low₹ 45.8
5 Days Return6.14%
1 Month Return6.92%

Key Fundamentals Parameters

Market Cap₹ 20,796 Cr.
Stock P/E
Book Value₹ 13.0
Dividend0.00 %
ROCE4.25 %
ROE-1.71 %
Face Value₹ 10.0
P/B Value12.3
OPM15.4 %
EPS₹ -0.31
Debt₹ 3,248 Cr.
Debt to Equity1.91

Inox Wind Ltd Shareholding Pattern

Promoters Holding
June 202372.01%
Sept 202364.64%
Dec 202352.87%
Mar 202452.87%
May 202452.87%
FII Holding
Jun 20232.57%
Sep 20239.48%
Dec 20239.49%
Mar 20249.47%
May 202410.32%
DII Holding
Jun 20230.09%
Sep 20236.54%
Dec 20239.88%
Mar 202410.16%
May 20249.09%
Hot Stocks Alert Join
Public Holding
Jun 202325.33%
Sep 202325.34%
Dec 202327.76%
Mar 202427.49%
May 202427.71%

Inox Wind Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 760 Cr
2021₹ 711 Cr
2022₹ 625 Cr
2023₹ 737 Cr
2024₹ 1,743 Cr

Last 5 Years’ Net Profit:

2020₹ -279 Cr
2021₹ -307 Cr
2022₹ -483 Cr
2023₹ -671 Cr
2024₹ -53 Cr

Conclusion

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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