Multibagger Inox Wind Share Price: If someone had invested one lakh rupees in Inox Wind Ltd (NSE: INOXWIND) share a year ago, then 11th September his one lakh rupees would have become 4.70 lakhs.
Because, in one year this stock has jumped 362.28% from Rs 52 to an all-time high of Rs 250.50 on Wednesday. The share of Inox Wind Ltd opened at Rs 243 on NSE on Wednesday and reached an all-time high of Rs 250.50 in no time.
However, during this period, it also touched the day’s low of Rs 240.36. Its 52-week low is Rs 47.05.
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Inox Wind Gave A Return Of More Than 2,753 Percent
If we talk about its performance in the last 5 days, then this stock has given a return of more than 7.73%.
Whereas, in the last month it has registered a jump of more than 15.46 %. In the past 6 months, it’s nearly tripled the amount of money it has received from its investors.
However, it has also provided the investor with 87 % of its return in the first quarter of this year. Inox Wind Ltd has given a return of more than 2,703.26 % to those who invested in it five years ago.
Where Will The Price Go Next?
A Stock Market Expert has advised to buy Inox Wind at ₹ 241.52. It could reach 255 rupees in the next few days. The expert advised that in the event of there being a drop you should exit at 233 rupees.
What Does The Company Do?
Inox Wind Ltd is an India-based integrated wind energy solution provider. The firm is engaged in the business of producing the sale of Wind turbine generators (WTG).
It also provides construction, procurement, and commissioning (EPC), operations and maintenance (O&M), and general infrastructure facilities services for WTG and wind farm development services.
Quick Fact
| Company name | Inox Wind |
|---|---|
| Return in 1 year | 362.28% |
| 1-year investment growth | ₹1 lakh became ₹4.7 lakh |
| All-time high price | ₹250.50 |
| Recent opening price | ₹243 |
| Recent high price | ₹250.50 |
| Recent low price | ₹240.36 |
| 5-day return | 7.73% |
| 1-month jump | 15.46% |
| 6-month growth | Nearly tripled |
| Return in Q1 this year | 87% |
| 5-year return | 2,703.26% |
| Business sector | Wind energy solutions |
| Main products | Wind turbine generators (WTG) |
| Additional services | EPC, O&M, Infrastructure for WTG, Wind farm development |
| Possible target price | ₹255 |
| Expert’s buy recommendation | ₹241.52 |
| Exit point if drop | ₹233 |
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