Inox Wind Ltd spurts 1.02%, rises for third straight session

Inox Wind Ltd rose for a third straight session today. The stock is quoting at Rs 107.26, up 1.02% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 25723.35. The Sensex is at 83606.72, down 0.16%. Inox Wind Ltd has dropped around 14.75% in last one month.

Meanwhile, Nifty Energy index of which Inox Wind Ltd is a constituent, has dropped around 0.65% in last one month and is currently quoting at 35657.55, up 1.76% on the day. The volume in the stock stood at 35.27 lakh shares today, compared to the daily average of 97.75 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 107.62, up 0.96% on the day. Inox Wind Ltd is down 36.12% in last one year as compared to a 8.55% gain in NIFTY and a 8.81% gain in the Nifty Energy index.

The PE of the stock is 31.25 based on TTM earnings ending September 25.

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