BREAKOUT IN CHART
TARGET AND STOP LOSS MENTIONED
Industry Outlook:
The wind sector is experiencing a huge impetus due to geopolitical tensions and the Government of India's objective of achieving 450 gigawatts of renewables by 2030.
MNRE has set up a target of floating 10-gigawatt wind of power bid every year until 2028, and approximately 100-gigawatt wind power projects are expected to be commissioned by the end of 2030.
Orders and Capacity:
Inox Wind received another 200 megawatts order from NTPC, with a total current order from NTPC alone of 350 megawatts.
Inox Wind has successfully commissioned its first 3.3-megawatt prototype wind turbine, which is expected to provide significant growth opportunities.
Inox Green Energy Services Limited, IGESL, has acquired 51% stake in I-Fox Windtechnik India Private Limited, adding 230 megawatts to the Inox Green portfolio.
Inox Wind is sitting on a large order book, and the new 3.3-megawatt turbine will substantially add to its revenues and profitability.
Inox Wind aims to do at least 500 megawatts of installations in FY '24.
Market Cap
₹ 4,834 Cr.
Current Price
₹ 171
Book Value
₹ 61.4
Dividend Yield
0.00 %
ROCE
-9.09 %
ROE
-37.4 %
Face Value
₹ 10.0
Promoter holding
72.0 %
EPS last year
₹ -23.6
EPS latest quarter
₹ -4.16
Debt
₹ 2,382 Cr.
Pledged percentage
3.06 %
Net CF
₹ -44.6 Cr.
Price to Cash Flow
-4.40
Free Cash Flow
₹ -1,487 Cr.
Debt to equity
1.37
OPM last year
-34.8 %
OPM 5Year
-16.8 %
Reserves
₹ 1,410 Cr.
Price to book value
2.78
Int Coverage
-1.02
TARGET AND STOP LOSS MENTIONED
Industry Outlook:
The wind sector is experiencing a huge impetus due to geopolitical tensions and the Government of India's objective of achieving 450 gigawatts of renewables by 2030.
MNRE has set up a target of floating 10-gigawatt wind of power bid every year until 2028, and approximately 100-gigawatt wind power projects are expected to be commissioned by the end of 2030.
Orders and Capacity:
Inox Wind received another 200 megawatts order from NTPC, with a total current order from NTPC alone of 350 megawatts.
Inox Wind has successfully commissioned its first 3.3-megawatt prototype wind turbine, which is expected to provide significant growth opportunities.
Inox Green Energy Services Limited, IGESL, has acquired 51% stake in I-Fox Windtechnik India Private Limited, adding 230 megawatts to the Inox Green portfolio.
Inox Wind is sitting on a large order book, and the new 3.3-megawatt turbine will substantially add to its revenues and profitability.
Inox Wind aims to do at least 500 megawatts of installations in FY '24.
Market Cap
₹ 4,834 Cr.
Current Price
₹ 171
Book Value
₹ 61.4
Dividend Yield
0.00 %
ROCE
-9.09 %
ROE
-37.4 %
Face Value
₹ 10.0
Promoter holding
72.0 %
EPS last year
₹ -23.6
EPS latest quarter
₹ -4.16
Debt
₹ 2,382 Cr.
Pledged percentage
3.06 %
Net CF
₹ -44.6 Cr.
Price to Cash Flow
-4.40
Free Cash Flow
₹ -1,487 Cr.
Debt to equity
1.37
OPM last year
-34.8 %
OPM 5Year
-16.8 %
Reserves
₹ 1,410 Cr.
Price to book value
2.78
Int Coverage
-1.02
Handel aktiv:
15% up
Handel aktiv:
All targets done