Inox Wind is set to announce their final year 2025-2026 financial results on May 29th. Trading in the company's shares has been temporarily halted since April 1st and will reopen only 48 hours after the results are submitted, as per BSE regulations.
Inox Wind Limited
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Key Companies to Monitor Today: Adani Group, Inox Clean, IRB Infrastructure, RailTel, and Lloyds Metals. Additionally, keep an eye on Kamat Hotels, IndiGo, Fujiyama, and Indian Metals for potential market movements.
Inox Clean, an Indian clean energy company, has purchased a U.S. solar cell manufacturer for approximately $750 million, expanding its global presence in the renewable energy sector.
Inox Wind anticipates a revenue growth of 18-20% for the fiscal year 2027, driven by ongoing expansion efforts. This ambitious target is bolstered by a substantial order book value of approximately INR 15.1 billion.
Marsons has secured a significant purchase order worth ₹15 crore from Inox Solar, marking a substantial win for the company in the solar energy sector. This deal underscores the growing demand for their products and services in the renewable energy industry.
Mutual funds increased their investments in HDFC Bank, Suzlon, and Groww, while reducing positions in Tata Steel, Power Grid, and Inox Wind last month. Total equity inflows amounted to around Rs 40,450 crore in March, with holdings in healthcare, IT, and telecom sectors growing, but investments in financials being scaled back.
Inox Wind continues to climb, posting a 7.2% increase in today's trading session, marking the third consecutive day of gains for this renewable energy company.