Inox Wind rises on bagging repeat order from Continuum Green Energy
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Inox Wind is currently trading at Rs. 207.00, up by 2.30 points or 1.12% from its previous closing of Rs. 204.70 on the BSE.
The scrip opened at Rs. 205.75 and has touched a high and low of Rs. 208.55 and Rs. 204.50 respectively. So far 18630 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. 60.24 on 21-Nov-2023.
Last one week high and low of the scrip stood at Rs. 227.10 and Rs. 203.00 respectively. The current market cap of the company is Rs. 26688.66 crore.
The promoters holding in the company stood at 48.27%, while Institutions and Non-Institutions held 24.90% and 26.83% respectively.
Inox Wind (IWL) has bagged an order for 87 MW from Continuum Green Energy (Continuum), a leading renewables C&I player. This repeat order from Continuum is for IWL’s 3 MW Wind Turbine Generators (WTGs) and will be executed on an end-to-end turnkey basis. Additionally, IWL will provide post commissioning multi-year operations & maintenance (O&M) services. The project will be executed in the states of Gujarat and Rajasthan.
Inox Wind is India’s leading wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate Investors.
