Buy Inox Wind, target price Rs 245: ICICI Securities
buy call on Inox Wind with a target price of Rs 245. The current market price of Inox Wind is Rs 206.4. Inox Wind, incorporated in 2009, is a Small Cap company with a market cap of Rs 26854.24 crore, operating in the Power sector.
Inox Wind's key Products/Revenue Segments include Wind Turbine Generator, Sale of services and Other Operating Revenue for the year ending 31-Mar-2024.
Financials For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 741.74 crore, up 14.02% from last quarter Total Income of Rs 650.52 crore and up 92.96% from last year same quarter Total Income of Rs 384.40 crore. The company has reported net profit after tax of Rs 90.20 Crore in latest quarter.
The company?s top management includes Ms.Bindu Saxena, Mr.Devansh Jain, Mr.Manoj Shambhu Dixit, Mr.Mukesh Manglik, Mr.Sanjeev Jain, Mr.Brij Mohan Bansal. Company has Dewan P N Chopra & Co. as its auditors. As on 30-09-2024, the company has a total of 130 Crore shares outstanding.
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