Introduction:
Renewable energy stock has secured a 153 MW order from a major global clean energy firm for a project in Tamil Nadu. Featuring advanced 3 MW class turbines, this deal strengthens its position in India’s wind energy sector amid growing commercial and industrial demand.
Share Price movement of Inox Wind:
On March 7, 2025, Inox Wind Ltd opened at ₹154.50, reaching a high of ₹162.49, up 5.76% from its previous close of ₹153.19, and a low of ₹152.64. The stock is currently trading at ₹162.01, with a market cap of ₹21,122.77 crore.
Inox Wind secured new order:
Inox Wind Limited has secured a significant 153 MW order from a major renewable energy developer associated with a global clean energy firm. The project, located in Tamil Nadu, will feature Inox Wind’s advanced 3 MW class turbines, highlighting the company’s expanding presence in India’s wind energy sector.
The contract includes a limited scope EPC arrangement and multi-year operations and maintenance services post-commissioning. This reinforces Inox Wind’s commitment to providing end-to-end wind energy solutions, ensuring efficient project execution and long-term reliability for its customers.
CEO Kailash Tarachandani expressed enthusiasm, emphasizing Inox Wind’s growing order book and its role in India’s expanding commercial and industrial renewable market. With proven expertise in wind energy solutions, the company continues to strengthen its partnerships with key players in the industry.
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Recent news About Inox Wind:
In January 2025, Inox Wind’s short-term facilities were upgraded to the highest rating by CARE Ratings, reflecting the company’s improved financial health and operational performance.
Stock performance of Inox Wind for Period of 1 week, 6 months and 1 year:
Inox Wind’s stock showed a 2.00% gain over one week, reflecting short-term positive momentum. However, over six months, it declined by 32.2%, indicating significant volatility. Over one year, the stock delivered a 17.0% return, showcasing long-term recovery despite fluctuations in its performance.
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Shareholding pattern of Inox Wind:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 48.27 | 48.27 | 48.27 |
| FII | 15.26 | 15.82 | 13.37 |
| DII | 9.8 | 9.26 | 9.88 |
| Retail & others | 26.68 | 26.66 | 28.49 |
About Inox Wind:
Inox Wind is a leading wind energy solutions provider in India, specializing in manufacturing wind turbines and offering turnkey solutions. The company focuses on project execution, engineering, and maintenance, supporting India’s transition to renewable energy with innovative and efficient wind power technologies.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
