Inox Wind Ltd rises for third straight session

Inox Wind Ltd is up for a third straight session today. The stock is quoting at Rs 178.85, up 1.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 25392.65. The Sensex is at 83345.69, down 0.23%. Inox Wind Ltd has slipped around 3.28% in last one month.

Meanwhile, Nifty Energy index of which Inox Wind Ltd is a constituent, has slipped around 0.47% in last one month and is currently quoting at 36517.5, down 0.18% on the day. The volume in the stock stood at 30.89 lakh shares today, compared to the daily average of 56.92 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 179.36, up 1.37% on the day. Inox Wind Ltd is up 13.12% in last one year as compared to a 4.43% jump in NIFTY and a 14.74% jump in the Nifty Energy index.

The PE of the stock is 58.33 based on TTM earnings ending March 25.

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