MARKETS

Inox Wind Ends 1.25% Lower Despite Fresh Order Win

Inox Wind
The deal covers supply of 3.3 MW wind turbine generators for Gujarat projects.

Shares of Inox Wind Ltd ended 1.25% lower on 13th November. This occurred despite the company announcing that it had secured a 100 MW wind equipment supply order.

In a regulatory filing, Inox Wind said it has received an order from a leading green energy transition platform. The deal includes the supply of its latest 3.3 MW wind turbine generators for projects in Gujarat. It also involves limited EPC work and multi-year operations and maintenance services.

CEO Sanjeev Agarwal said the company is pleased to secure the new order and expects several more in the coming months. He added that Inox Wind’s order inflow for FY26 has reached nearly 400 MW so far. There are more deals in advanced stages of finalisation that will help meet its execution targets for the next 18–24 months.

The company reaffirmed its position as one of India’s leading integrated wind energy solution providers. It has manufacturing facilities in Gujarat, Himachal Pradesh, and Madhya Pradesh. The total production capacity is about 2.5 GW per year.

At 3:30 PM, shares of Inox Wind ended 1.27% lower at Rs 148.62 on NSE.

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