Inox Wind Ltd Share Price – NSE /  BSE

Capital Goods - Electrical Equipment, Small Cap

This marks Inox Wind?s first order from Aditya Birla Renewables and will cater to wind power projects being developed by ABREL EPC in Karnataka.

Sanjeev Agarwal, CEO of Inox Wind, said, ?We are delighted to have received a 102.3 MW order from Aditya Birla Renewables (ABReL), a marquee renewable project developer. ABREL has large-scale plans to set up and deliver long-term clean energy solutions to its customers, and we are pleased to be part of ABREL?s mission to drive India?s energy transition and achieve its decarbonization and sustainability targets. We continue to make rapid progress on developing relationships with new customers and fortifying the existing ones. New as well as repeat orders are a testament to our robust product and service offerings, which will convert into strong growth going ahead.?

Inox Wind (IWL) is India?s leading wind energy solutions provider servicing IPPs, utilities, PSUs & corporate investors. IWL is a fully integrated player in the wind energy market with four manufacturing plants in Gujarat, Himachal Pradesh, and Madhya Pradesh, where blades, tubular towers, and hubs & nacelles are manufactured.

The company?s consolidated net profit surged 257.3% to Rs 91.75 crore on a 52.7% rise in revenue from operations to Rs 1,119.18 crore in Q2 FY26 over Q2 FY25.

Shares of Inox Wind shed 0.84% to Rs 123.50 on the BSE.

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Inox Wind has secured a 102.3 MW order from ABREL EPC Ltd., a subsidiary of Aditya Birla Renewables (ABReL). This is the first order secured by Inox Wind from Aditya Birla Renewables, which is for the supply of IWL's 3.3 MW turbines for the projects being developed by ABREL EPC in Karnataka.

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Inox Wind Ltd fell for a fifth straight session today. The stock is quoting at Rs 137.71, down 0.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.29% on the day, quoting at 26115.75. The Sensex is at 85365.62, down 0.31%.Inox Wind Ltd has eased around 9.53% in last one month.Meanwhile, Nifty Energy index of which Inox Wind Ltd is a constituent, has increased around 0.88% in last one month and is currently quoting at 36232.7, down 0.83% on the day. The volume in the stock stood at 83.88 lakh shares today, compared to the daily average of 83.05 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 137.93, down 0.33% on the day. Inox Wind Ltd tumbled 24.37% in last one year as compared to a 9.24% rally in NIFTY and a 1.62% fall in the Nifty Energy index.

The PE of the stock is 40.62 based on TTM earnings ending September 25.

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Inox Wind (IWL) has entered into an exclusive Memorandum of Understanding (MoU) with K.P. Energy (KPE).

The MoU establish a strategic partnership aimed at jointly developing 2.5 GW of wind and wind-solar hybrid power projects across multiple states in India.

Under the MoU, IWL along with its subsidiaries will supply Wind Turbine Generators and associated equipment, provide engineering support including USS design, transformer specifications, and foundation design, and will execute pre-commissioning, commissioning and O&M of wind turbine generators.

KPE will undertake project development activities such as securing connectivity, land and right-of-way, obtaining statutory approvals, and executing Balance of Plant and EPC works. KPE will also manage O&M of Balance of Plant of the project.

This integrated approach enables both companies to combine their core competencies to ensure timely, seamless and high-quality project execution.

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