Inox Wind Ltd down for fifth straight session

Inox Wind Ltd is down for a fifth straight session today. The stock is quoting at Rs 68.35, down 0.58% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.25% on the day, quoting at 22478.35. The Sensex is at 72073.15, up 0.23%.Inox Wind Ltd has lost around 9.59% in last one month.Meanwhile, Nifty Energy index of which Inox Wind Ltd is a constituent, has eased around 3.71% in last one month and is currently quoting at 36388.15, up 0.48% on the day. The volume in the stock stood at 37.22 lakh shares today, compared to the daily average of 102.57 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 68.5, down 0.9% on the day. Inox Wind Ltd tumbled 50.96% in last one year as compared to a 10.37% slide in NIFTY and a 3.37% spurt in the Nifty Energy index.

The PE of the stock is 22.37 based on TTM earnings ending June 26.

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