Inox Wind gains on planning to raise funds on Private Placement basis
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Inox Wind is currently trading at Rs. 92.45, up by 1.00 points or 1.09% from its previous closing of Rs. 91.45 on the BSE.
The scrip opened at Rs. 93.50 and has touched a high and low of Rs. 94.30 and Rs. 92.45 respectively. So far 19366 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 160.00 on 30-Jul-2021 and a 52 week low of Rs. 71.50 on 28-Jun-2021.
Last one week high and low of the scrip stood at Rs. 98.30 and Rs. 89.70 respectively. The current market cap of the company is Rs. 2081.59 crore.
The promoters holding in the company stood at 67.55%, while Institutions and Non-Institutions held 2.74% and 29.70% respectively.
Inox Wind is planning to raise funds through issuance of securities including but not limited to non-convertible securities under Private Placement basis within the borrowing limits of the Company. The meeting of the Board of Directors of the Company is scheduled on May 24, 2022,inter alia, to consider and approve the same.
Inox Wind offers its clients total wind power solutions including wind resource assessment, acquiring land, developing the entire site infrastructure, building the power evacuation system, supplying the WTGs, erection and commissioning services, long term operations and maintenance services as well as post-commissioning support.
