INOX Wind Stock has shown a tremendous surge in India’s wind energy sector. Due to consistent orders and high-quality performance, the company’s stock has surged by 20%. Starting with a 5.77% increase on the weekly opening on August 12th, the stock closed at ₹209.07, marking a 20% rise. Let’s explore the reasons behind this success and the company’s future plans
Highlights:
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- 20% increase in INOX Wind‘s stock
- 5.77% growth at the weekly opening on August 12th
- Revenue increased by 15.53% quarterly, reaching ₹650.52 crore
- Net profit rose by 11.32% to ₹51.82 crore
- Over 17% rise in the company’s stock in the last 5 days
Important Points about INOX Wind Stock:
Key Points | Details |
---|---|
Weekly Closing | ₹174.23 |
Weekly Opening | ₹184.94 |
Highest Price | ₹209.07 |
Quarterly Revenue | ₹650.52 crore |
Quarterly Net Profit | ₹51.82 crore |
52-Week High | ₹209.07 |
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Table of Contents
Remarkable Surge in INOX Wind Stock
Q1 FY 2025 Financial Performance
INOX Wind delivered an excellent performance in Q1 FY 2025, boosting its revenue to ₹650.52 crore, up from ₹563.07 crore in the previous quarter. This reflects a 15.53% quarterly growth. On a yearly basis, the company’s revenue in the same quarter of the previous fiscal year was ₹352.28 crore.
Net Profit
The net profit also increased to ₹51.82 crore, up from ₹46.55 crore in the previous quarter, marking an 11.32% quarterly growth. On a yearly basis, the company had posted a loss of ₹63.92 crore in the same quarter of the previous fiscal year.
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Company Profile
INOX Wind is an India-based wind energy solutions provider that manufactures and sells wind turbine generators. The company has three manufacturing plants in Gujarat, Himachal Pradesh, and Madhya Pradesh, with a manufacturing capacity of around 1,600 MW.
Stock Market Performance
INOX Wind’s market cap stands at ₹22,716 crore. The company’s stock has seen an increase of 1590.37% over the past 5 years, 556.08% over 3 years, 298.47% in 1 year, 70% in 6 months, 53.68% in 3 months, and 21.43% in the last month.
Reasons Behind INOX Wind’s Success
- High-Quality Performance: The consistent quality of INOX Wind’s turbines and timely delivery have led to continuous new orders for the company.
- Financial Performance: The company’s financial performance has been improving steadily over the past few quarters, boosting investor confidence.
- Technological Advancements: INOX Wind has adopted the latest technology in its turbines, enhancing their efficiency and production capacity.
- Market Cap and Share Price: With a share price of ₹208.55 and a market cap of ₹22,716 crore, the company is attracting significant investor interest.
- Future Plans: INOX Wind has several new projects lined up, which will further aid the company’s growth.
Key Figures
- Revenue: ₹650.52 crore
- Net Profit: ₹51.82 crore
- Market Cap: ₹22,716 crore
- Share Price: ₹208.55
Future Prospects
With a strong financial position and new projects in the pipeline, the future prospects for INOX Wind are very bright. As the importance of wind energy continues to grow, INOX Wind’s business is poised for further expansion.
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FAQs
What is INOX Wind?
INOX Wind is an India-based wind energy solutions provider that manufactures and sells wind turbines.
Where is INOX Wind headquartered?
The company is headquartered in India.
Why is INOX Wind’s stock increasing?
The stock is rising due to improvements in the company’s financial performance and high-quality work.
What are INOX Wind’s future plans?
The company has several new projects that will help in its growth.
What is INOX Wind’s market cap?
The company’s market cap is ₹22,716 crore.
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