Inox Wind shares rise 9% after strong Q1FY25 performance, with revenue growth of 83.18% and PBT of Rs 48.01 crore.

Inox Wind shares surge 9% after strong Q1FY25 performance with 83.18% revenue growth, PBT of Rs 48.01 crore, and an operating margin of 21.3%. The company's large diversified order book (2.9 GW) and 611 MW of orders won in FY25 contribute to its strong growth outlook. Analysts remain positive on the company's prospects, with target prices of Rs 201 by Nuvama Institutional Equities and Rs 205 by Axis Securities.

August 12, 2024
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