80 stocks from the BSE500 index delivered more than 100 per return in the last nine months, when Sensex & Nifty hit their 52-week lows of October 26, 2023.

Hudco, RVNL, NBCC, HAL, Inox Wind among 80 stocks that turned multibagger in 9 months

Shares of Suzlon Energy, Tata Power and Inox Wind are in focus ahead of FM Nirmala Sitharaman’s seventh Budget speech today. The renewable energy stocks are likely to move on July 23 as the FM is likely to announce extension of Inter-State Transmission System (ISTS) tax waivers, increased capex announcements, and new scheme announcements for the renewable energy sector.

Union Budget 2024: Suzlon Energy, Tata Power & Inox Wind shares in news today, here’s why

Suzlon Energy, Inox Wind: JM Financial said the policy recommendations are likely to discourage new players such as Sany and Goldwind due to high entry-level costs of localisation and regulatory approvals.

Suzlon Energy, Inox Wind: JM shares view on NITI Aayog’s 60% local sourcing proposal

IFCI Ltd, Inox Wind Ltd, Shivalik Bimetal Controls Ltd and MMTC Ltd are among the other gainers in the BSE’s ‘A’ group today, 12 July 2024.

Railtel Corporation of India Ltd leads gainers in ‘A’ group

The order is for the company’s latest 3 megawatt wind turbine generators, with the scope comprising end-to-end turnkey execution, the company said.

Multibagger Inox Wind Gains Nearly 7% After Large Turnkey Order

Fund houses have recently issued varied recommendations across sectors, highlighting positive outlooks for stocks like Bajaj Auto, Reliance Industries, and Marico with buy ratings and upward target price revisions. Nuvama raised targets for MGL, IGL, and GUJGAS, while Investec initiated buy ratings on NHPC, Inox Wind, Kalpataru, KEC, and JSW Energy.

Fund houses’ latest recommendations: Positive outlook across sectors

Inox Wind, Tata Motors, and Bajaj Finance were among the prominent names along with seven other notable stocks.

Top Stocks On D-Street: Inox Wind, Tata Motors And Bajaj Finance Among 7 In Spotlight Today

Inox Wind Ltd, NIIT Ltd, Greaves Cotton Ltd and Voltamp Transformers Ltd are among the other gainers in the BSE’s ‘A’ group today, 04 July 2024.

Sunflag Iron & Steel Company Ltd leads gainers in ‘A’ group

Inox Wind Share Price: The company said the funds will be utilised by IWL to completely pare down its external term debt to achieve a net debt free status.

Inox Wind surges 15% as promoter completes Rs 900 crore fund infusion

Inox Wind Ltd announced the completion of infusion of Rs 900 crore into the company by its promoter Inox Wind Energy Ltd

Inox Wind to become a debt-free company after promoter infuses Rs 900 cr

Promoters infuse Rs 900 cr in Inox Wind for repayment of debt

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced and in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Inox Wind Limited is a provider of wind power solutions. The Company manufactures wind turbine generators (WTGs) and provides turnkey solutions by supplying WTGs.

Inox Wind Ltd