Inox Wind Energy Shares Up 15% with ₹900 Crore Infusion

Inox Wind and Inox Wind Energy stocks surged up to 15% after receiving a ₹900 crore fund infusion from their promoter, Inox Wind Energy Limited. This capital will help Inox Wind achieve a net debt-free status, excluding promoter debt. The infusion was raised through equity share sales on May 28, 2024, attracting notable investors. Inox Wind's shares reached ₹164, nearing a record high, while Inox Wind Energy's shares hit ₹7562.25. Both stocks have provided multibagger returns, with significant gains over the past year.



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