Buy Inox Wind, target price Rs 205: Axis Securities
Inox Wind with a target price of Rs 205. The current market price of Inox Wind Ltd. is Rs 185.6. Inox Wind Ltd., incorporated in the year 2009, is a Small Cap company (having a market cap of Rs 22716.00 Crore) operating in Power sector.
Inox Wind Ltd. key Products/Revenue Segments include Wind Turbine Generator, Sale of services and Other Operating Revenue for the year ending 31-Mar-2023.
Financials For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 650.52 Crore, up 15.53 % from last quarter Total Income of Rs 563.07 Crore and up 84.66 % from last year same quarter Total Income of Rs 352.28 Crore. Company reported net profit after tax of Rs 50.38 Crore in latest quarter.
Promoter/FII Holdings Promoters held 48.27 per cent stake in the company as of 30-Jun-2024, while FIIs owned 13.37 per cent, DIIs 9.75 per cent.
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