Inox Wind inches up on bagging 51 MW order from First Energy
Inox Wind is currently trading at Rs. 165.80, up by 0.30 points or 0.18% from its previous closing of Rs. 165.50 on the BSE.
The scrip opened at Rs. 166.60 and has touched a high and low of Rs. 167.20 and Rs. 165.75 respectively. So far 21622 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.10 on 23-Sep-2024 and a 52 week low of Rs. 130.20 on 28-Jan-2025.
Last one week high and low of the scrip stood at Rs. 169.40 and Rs. 162.70 respectively. The current market cap of the company is Rs. 27066.08 crore.
The promoters holding in the company stood at 44.18%, while Institutions and Non-Institutions held 22.76% and 33.06% respectively.
Inox Wind has bagged a 51 MW order from First Energy (FEPL), a Thermax Group company and a leading renewable energy solutions provider in the commercial & industrial space in India. This is the first order awarded by FEPL to the company for the supply of its 3 MW class turbines having 140-meter hub height and rotor diameter of 145 meters. FEPL will set up these turbines at its project site being developed in Tamil Nadu through its SPV First Energy 10.
Additionally, the order scope includes limited scope EPC services for the project including supervision, as well as multi-year operations & maintenance services post the commissioning of the WTGs, to be implemented through the subsidiaries of the company.
Inox Wind is India’s leading wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate Investors.
