{
Inox Wind Limited

Companies

}
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001122334455554433221100

Inox Wind Expands into Renewable Energy with Ambitious Growth Plans

ICICI Securities has issued a BUY recommendation for Inox Wind, setting a target price of Rs 245. The INOXGFL Group is expanding into renewable power generation for the commercial and industrial sector, aiming for 3GW capacity by FY27/FY28, alongside solar cell production and hybrid renewable energy solutions. The group is positioning itself as a comprehensive player in India's energy transition.
Moneycontrol
Inox Wind Limited IND Show more
Finance & Economy, Market Report
06:32 05.12.2024

inox wind unlikely to pursue acquisition of siemens wind energy unit

Inox Wind has indicated it may not pursue the acquisition of Siemens Gamesa's Indian wind energy unit, despite evaluating the opportunity. Whole-time director Devansh Jain emphasized a conservative capital allocation strategy, avoiding competitive bidding for high-valued companies. This comes as investor interest shifts towards greenfield renewable assets, slowing the sale of nearly 20 GW of operational and under-construction projects in India.
Moneycontrol
United States Dollar JSW Energy Limited Inox Wind Limited Siemens Energy AG TPG Inc. IND Joe Biden Devansh Jain Show more
Finance & Economy, Transcript
09:24 31.10.2024

Q2 2024 earnings season gains momentum with major companies reporting results

Major companies including Coal India, JSW Steel, DLF, and Interglobe Aviation are set to release their Q2 earnings reports today, joining a wave of firms that have already reported results. Notable performances include Reliance Industries with a profit decline of 4.8%, while HCL Technologies and TCS reported profit increases of 10.5% and 5.0%, respectively. ICRA's profit rose by 15.6% to Rs 36.72 crore, and Oracle Financial Services Software saw a significant profit increase of 38.4% to Rs 577.70 crore.
Financialexpress
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Finance & Economy, Market Report
17:57 25.10.2024
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