Inox Wind zooms on bagging order for supply of 210 MW of WTGs from Hero Future Energies
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Inox Wind is currently trading at Rs. 573.10, up by 30.80 points or 5.68% from its previous closing of Rs. 542.30 on the BSE.
The scrip opened at Rs. 531.45 and has touched a high and low of Rs. 577.95 and Rs. 523.25 respectively. So far 79567 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 648.00 on 27-Feb-2024 and a 52 week low of Rs. 96.97 on 20-Apr-2023.
Last one week high and low of the scrip stood at Rs. 577.95 and Rs. 515.05 respectively. The current market cap of the company is Rs. 18549.73 crore.
The promoters holding in the company stood at 52.87%, while Institutions and Non-Institutions held 19.62% and 27.49% respectively.
Inox Wind (IWL) has bagged an order for the supply of 210 MW of Wind Turbine Generators (WTGs) from Hero Future Energies (HFE), one of the leading renewable energy players in India. The order is for IWL’s state-of-the-art 3 MW Wind Turbine Generators (WTGs), and the scope comprises of equipment supply with certain add-on services. Additionally, Inox Wind will also provide post commissioning multi-year operations & maintenance (O&M) services. The WTGs will be supplied to HFE from Q3 FY25 onwards and will be installed in South India.
Inox Wind is India’s leading wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate Investors.
