# Inox Wind (INOXWIND) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/inoxwind

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹64.8
- Change: -1.37%
- As of: 2026-11-06
- 1D return: -1.37%
- 5D return: +17.39%
- 1M return: +3.80%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

INOXWIND closed at ₹64.80 on 2026-11-06, trading in a narrow range between ₹63.31 and ₹65.25 after an extreme downward weekly gap of +16.2% range expansion with a -1.4% return. The technical setup is defined by conflicting timeframes: the daily chart shows price above the 20-period EMA and Supertrend (bullish short-term positioning), while the weekly and monthly charts remain firmly below all major moving averages and the weekly Supertrend (bearish medium-to-long-term trend). ADX readings indicate established to strong trend strength across all horizons (Daily: 33.53, Weekly: 38.42, Monthly: 48.14). Price is positioned near the lower end of its 252-day range (+9.4%) but in the upper-middle of its 20-day range (+61.4%). A monthly 'Inside Bar' pattern is currently active, suggesting consolidation. Key resistance sits at ₹65.52 (pivot, +1.11%) and ₹66.53 (high, +2.67%), while immediate support is at ₹64.68 (low, -0.18%) and ₹63.67 (low, -1.75%). The stock carries high volatility (annualized 45.1%) and significant historical drawdown (-66.8%).

- Trend Conflict: Daily price is above the 20-EMA and Supertrend, contrasting with weekly and monthly positions below all key moving averages and the weekly Supertrend.
- Range Position: Trading at +9.4% of the 252-day range (near lows) but +61.4% of the 20-day range, indicating recent relative strength within a longer downtrend.
- Key Levels: Immediate resistance at ₹65.52 (+1.11%) and ₹66.53 (+2.67%); immediate support at ₹64.68 (-0.18%) and ₹63.67 (-1.75%).
- Volatility & Risk: Annualized volatility is 45.1% with a current drawdown of -66.8%; an extreme downward weekly gap occurred on 2026-11-06.

- Inside Bar
- Bullish Engulfing Reversal
- Outside Bar
- Bearish Engulfing Reversal
- Evening Star

### News Context

In the seven-day window leading to November 6, 2026, Inox Wind experienced a sharp price recovery following a recent low. On November 2, shares surged approximately 10% to reach ₹61.29, bouncing back from a 52-week low of ₹55.26 recorded on October 30, 2026. Despite this intraday rally, technical analysts at Bonanza and Choice Broking maintained a negative outlook, citing that the stock continued trading below major moving averages and recommending a 'sell-on-rise' strategy. Concurrently, broader market commentary positioned Inox Wind as a recommended buy among renewable energy peers, contrasting it with stocks advised for avoidance such as Jaiprakash Power Ventures and Reliance Power. These divergent signals highlight a tension between short-term technical weakness and longer-term fundamental interest in the sector.

- Price Action: Shares rose ~10% to ₹61.29 on November 2, recovering from a 52-week low of ₹55.26 on October 30, 2026.
- Technical Outlook: Analysts at Bonanza and Choice Broking maintain a negative view, noting trading below major moving averages and advising a sell-on-rise approach.
- Peer Comparison: Market experts included Inox Wind in a list of recommended renewable energy stocks, while advising against holding Jaiprakash Power Ventures and Reliance Power.

- [Top power stocks: Jaiprakash Power vs Suzlon vs Vedanta Power vs Reliance Power vs Inox Wind | Experts' views, target](https://www.livemint.com/market/stock-market-news/top-power-stocks-jaiprakash-power-vs-suzlon-vs-vedanta-power-vs-reliance-power-vs-inox-wind-experts-views-target-11793602441883.html)
- [This Suzlon peer zooms 10%, hit 52-week low last week](https://www.businesstoday.in/markets/stocks/story/this-suzlon-peer-zooms-10-hit-52-week-low-last-week-565062-2026-11-02)

### Official Filings

Inox Wind Limited has completed its 17th Annual General Meeting (AGM) on September 25, 2026, securing shareholder approval for key governance and financial matters. The meeting ratified the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, and reappointed directors Mukesh Manglik and Madhurima Sayan Das with high support levels of 94.80% and 96.31%, respectively. Shareholders also approved increased borrowing limits under Section 180(1)(c) of the Companies Act and the creation of security interests on assets, which expands the company's capacity to raise debt capital. Additionally, the AGM ratified cost auditor remuneration for the year ending March 31, 2027, and approved material related party transactions.

On the operational front, the company clarified that a 100 MW turnkey order announced on September 3, 2026, was received from Terra Clean Limited, a wholly-owned subsidiary of Indian Oil Corporation Limited (IOCL). This distinction clarifies the counterparty structure of the contract. Looking ahead, the trading window for dealing in company securities will remain closed from October 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter and half-year ending September 30, 2026, ensuring compliance with insider trading regulations during the sensitive pre-result period.

- AGM Approval: Shareholders approved audited FY2026 financials, reappointment of directors Mukesh Manglik (94.80%) and Madhurima Sayan Das (96.31%), and increased borrowing limits/security interest creation.
- Order Clarification: A 100 MW turnkey order is confirmed from Terra Clean Limited (a wholly-owned subsidiary of IOCL), not directly from IOCL.
- Trading Window Closure: Trading window remains closed from October 1, 2026, until 48 hours post-declaration of Q2 FY2027 unaudited results.
- Investor Engagement: Management participated in investor meetings on September 21 and 28, 2026, discussing Q1 FY2027 results.

- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 44.18 | PUBLIC_VAL: 55.82 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 17-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1741002_17102026081653_WEB.xml)
- [Inox Wind Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/INOXWIND_16102026182525_74_5_.pdf)
- [Inox Wind Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 |SUBJECT: Trading Window](https://nsearchives.nseindia.com/corporate/INOXWIND_30092026174326_IWL_Closure_of_Trading_Window_s.pdf)
- [INOX WIND LIMITED has informed the Exchange about Closure of Trading Window |SUBJECT: Trading Window-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_11855_WebXMLFile_20260930_175536653.xml)
- [Inox Wind Limited has submitted the Exchange a copy Srutinizers report of undefined held on September 25, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/INOXWIND_28092026234029_IWL_AGM_VR_25092026_f.pdf)
- [Inox Wind Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 25, 2026 |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/INOXWIND_25092026205043_IWLAGM_Proceeding_s.pdf)
- [Inox Wind Limited has informed the Exchange about scheduel of Investor Meetings scheduled to be held on September 21, 2026 and September 28, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/INOXWIND_16092026161504_IWL_SE_Analysts__Investors_f.pdf)
- [INOX WIND LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_11855_WebXMLFile_20260916_184304453.xml)
- [INOX WIND LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_11855_WebXMLFile_20260916_185342352.xml)
- [Clarification on Press Release dated 3rd September, 2026 regarding 100 MW Order |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/INOXWIND_07092026220101_Clarification_on_Press_Release_regarding_100_MW_Order_s.pdf)

### Fundamentals

INOXWIND’s financial trajectory shows strong top-line expansion but weakening earnings quality and cash conversion in the most recent period. For Q1 FY2026-27, revenue fell sequentially to ₹814.10 crore from ₹1,244.24 crore in Q4 FY2025-26, with net profit dropping from ₹105.68 crore to ₹64.09 crore. This sequential decline contrasts with robust year-on-year growth; full-year FY2026 sales reached ₹4,397 crore (up from ₹3,557 crore in FY2025), and TTM net profit is ₹417 crore. However, operating efficiency faces headwinds: the Cash Conversion Cycle deteriorated sharply to 443 days in Mar 2026 from 287 days in Mar 2025, driven by a rise in Debtor Days to 353 days. While Fixed Assets grew significantly to ₹2,825 crore, indicating capacity expansion, CFO/EBITDA turned negative at -64% in Mar 2026, suggesting that reported profits are not yet fully converting into operational cash flow. Financing activities remain a key funding source, with cash inflows rising to ₹1,558 crore in Mar 2026. Promoter holding stabilized at 44.18%, while FIIs reduced their stake to 12.17%.

Key Points:
- Revenue contracted sequentially in Q1 FY2026-27 to ₹814.10 crore, reversing prior momentum despite strong YoY annual growth of ₹4,397 crore.
- Working capital efficiency weakened materially; the Cash Conversion Cycle expanded to 443 days in Mar 2026, with Debtor Days rising to 353 days.
- Earnings quality signal: CFO/EBITDA ratio turned negative (-64%) in Mar 2026, indicating a divergence between reported profit and cash generation.
- Balance sheet reflects aggressive expansion: Fixed Assets increased to ₹2,825 crore, funded partly by financing inflows of ₹1,558 crore in Mar 2026.

### Bear Case

Inox Wind faces significant headwinds characterized by a prolonged downtrend and elevated volatility. The stock has declined 56.8% over the past year and is down 47.3% year-to-date as of November 6, 2026, with a current drawdown of 66.8% from its peak. Technical indicators on the weekly timeframe are bearish, with the Supertrend signaling downside pressure and moving averages sloping negatively. Although the daily trend shows a brief bullish Supertrend signal following a recent 10% surge to ₹64.80, analysts maintain a negative outlook, citing trading below major moving averages and recommending a sell-on-rise strategy. Resistance is immediate at the pivot level of ₹65.52, just 1.11% above the current price, suggesting limited upside momentum in the near term.

- Severe long-term underperformance: -56.8% return over 1 year and -47.3% YTD, with a maximum drawdown of -71.7%.
- Bearish weekly technicals: Supertrend direction is bearish, with negative slopes on both 20-day (-6.98) and 50-day (-8.64) SMAs.
- Analyst caution: Broking firms recommend a 'sell-on-rise' strategy despite the recent recovery from the October 30 low of ₹55.26.
- Near-term resistance: Immediate pivot resistance at ₹65.52 (1.11% above current close), limiting short-term upside potential.

- [Top power stocks: Jaiprakash Power vs Suzlon vs Vedanta Power vs Reliance Power vs Inox Wind | Experts' views, target](https://www.livemint.com/market/stock-market-news/top-power-stocks-jaiprakash-power-vs-suzlon-vs-vedanta-power-vs-reliance-power-vs-inox-wind-experts-views-target-11793602441883.html)
- [This Suzlon peer zooms 10%, hit 52-week low last week](https://www.businesstoday.in/markets/stocks/story/this-suzlon-peer-zooms-10-hit-52-week-low-last-week-565062-2026-11-02)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 44.18 | PUBLIC_VAL: 55.82 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 17-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1741002_17102026081653_WEB.xml)
- [Inox Wind Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/INOXWIND_16102026182525_74_5_.pdf)
- [Inox Wind Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 |SUBJECT: Trading Window](https://nsearchives.nseindia.com/corporate/INOXWIND_30092026174326_IWL_Closure_of_Trading_Window_s.pdf)
- [INOX WIND LIMITED has informed the Exchange about Closure of Trading Window |SUBJECT: Trading Window-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_11855_WebXMLFile_20260930_175536653.xml)
- [Inox Wind Limited has submitted the Exchange a copy Srutinizers report of undefined held on September 25, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/INOXWIND_28092026234029_IWL_AGM_VR_25092026_f.pdf)
- [Inox Wind Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 25, 2026 |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/INOXWIND_25092026205043_IWLAGM_Proceeding_s.pdf)
- [Inox Wind Limited has informed the Exchange about scheduel of Investor Meetings scheduled to be held on September 21, 2026 and September 28, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/INOXWIND_16092026161504_IWL_SE_Analysts__Investors_f.pdf)
- [INOX WIND LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_11855_WebXMLFile_20260916_184304453.xml)

### FAQs

**What is the recent price action and technical outlook for INOXWIND?**

As of November 6, 2026, INOXWIND closed at ₹64.80, recovering from a 52-week low of ₹55.26 recorded on October 30, 2026. Despite this recovery, analysts maintain a negative technical outlook, citing trading below major moving averages and recommending a sell-on-rise strategy. The stock has declined 56.8% over the past year and is currently down 47.3% year-to-date.

**When will the company's trading window reopen after the quarterly results?**

The trading window was closed starting October 1, 2026, in compliance with SEBI insider trading regulations. It remains closed until 48 hours after the declaration of unaudited financial results for the quarter and half-year ending September 30, 2026. Investors should monitor exchange announcements for the specific reopening date following the results declaration.

**What were the key outcomes of the Annual General Meeting held in September 2026?**

At the 17th Annual General Meeting on September 25, 2026, shareholders approved all seven resolutions, including the adoption of audited financial statements for the year ended March 31, 2026. Directors Mukesh Manglik and Madhurima Sayan Das were re-appointed. Voting support was high, ranging from 93.60% for the borrowing limit increase to 96.31% for Ms. Das's re-appointment.

**How is the shareholding pattern structured as of late September 2026?**

According to filings dated October 17, 2026, the Public holding stood at 55.82%, while Promoter and Promoter Group (PR_AND_PRGRP) holdings accounted for 44.18%. The company confirmed it does not have equity shares with differential voting rights for any shareholder category. Total voting rights represented 0.0186% of the total number of shares in the reported metric.

- [Top power stocks: Jaiprakash Power vs Suzlon vs Vedanta Power vs Reliance Power vs Inox Wind | Experts' views, target](https://www.livemint.com/market/stock-market-news/top-power-stocks-jaiprakash-power-vs-suzlon-vs-vedanta-power-vs-reliance-power-vs-inox-wind-experts-views-target-11793602441883.html)
- [This Suzlon peer zooms 10%, hit 52-week low last week](https://www.businesstoday.in/markets/stocks/story/this-suzlon-peer-zooms-10-hit-52-week-low-last-week-565062-2026-11-02)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 44.18 | PUBLIC_VAL: 55.82 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 17-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1741002_17102026081653_WEB.xml)
- [Inox Wind Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/INOXWIND_16102026182525_74_5_.pdf)
- [Inox Wind Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 |SUBJECT: Trading Window](https://nsearchives.nseindia.com/corporate/INOXWIND_30092026174326_IWL_Closure_of_Trading_Window_s.pdf)
- [INOX WIND LIMITED has informed the Exchange about Closure of Trading Window |SUBJECT: Trading Window-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_11855_WebXMLFile_20260930_175536653.xml)
- [Inox Wind Limited has submitted the Exchange a copy Srutinizers report of undefined held on September 25, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/INOXWIND_28092026234029_IWL_AGM_VR_25092026_f.pdf)
- [Inox Wind Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 25, 2026 |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/INOXWIND_25092026205043_IWLAGM_Proceeding_s.pdf)
- [Inox Wind Limited has informed the Exchange about scheduel of Investor Meetings scheduled to be held on September 21, 2026 and September 28, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/INOXWIND_16092026161504_IWL_SE_Analysts__Investors_f.pdf)
- [INOX WIND LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_11855_WebXMLFile_20260916_184304453.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Moderate Downtrend
- Pivot point: ₹65.52
- Risk regime: Higher Price Risk

### Support levels
- 62.43
- 55.1
- 64.68333333333334

### Resistance levels
- 70.9
- 84.4
- 87.7875

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.37% |
| return_10 | +9.96% |
| return_1m | -5.68% |
| return_1y | -56.82% |
| return_20 | +3.80% |
| return_3m | -17.14% |
| return_5 | +17.39% |
| return_6m | -39.50% |
| return_since_start | -65.41% |
| return_ytd | -47.25% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -71.69% |
| annualized_volatility | +45.11% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Stable Year-on-Year as Profitability Declines

Inox Wind Limited reported revenue of ₹814.10 crore for the first quarter of fiscal 2026‑27, nearly unchanged from ₹826.25 crore a year earlier. However, net profit fell by more than one‑third to ₹64.09 crore, as a rise in total expenses, particularly finance costs, outpaced the flat top line.

## Revenue Performance

Revenue from operations for the quarter ended 30 June 2026 stood at ₹814.10 crore, a marginal decline of 1.47% from ₹826.25 crore in the same quarter last year. Compared to the immediately preceding quarter (Q4 of fiscal 2025‑26), revenue dropped 34.57% from ₹1,244.24 crore.

In the prior fiscal year, revenue had risen steadily each quarter from ₹826.25 crore in Q1 to ₹1,244.24 crore in Q4. The current quarter’s figure is similar to the year-ago Q1, and the sequential decline mirrors the seasonal pattern observed in the previous fiscal year.

## Expenses and Profitability

Total expenses for the quarter grew 7.17% year‑on‑year to ₹777 crore, while revenue remained nearly flat. This mismatch drove a sharp decline in profitability.

Profit before tax fell 31.15% to ₹94.70 crore, down from ₹137.55 crore a year earlier. After accounting for a tax expense of ₹30.61 crore (down 23.87% from ₹40.21 crore), profit for the period came in at ₹64.09 crore, a drop of 34.16% from ₹97.34 crore a year ago. Basic earnings per share declined 38.33% to ₹0.37 per share.

Finance costs were a standout factor in the cost increase. They surged 68.04% year‑on‑year to ₹56.78 crore, up from ₹33.79 crore. While the tax expense decreased, partially cushioning the bottom line, the higher finance costs and overall expense growth weighed heavily on profitability.

Other expense items in the quarter included cost of materials consumed (₹446.24 crore), employee benefit expense (₹50.28 crore), and depreciation (₹58.61 crore).

## Management Commentary

In Q1 FY27, Inox Wind reported consolidated total income of Rs 872 crore (up 1% YoY), EBITDA of Rs 237 crore (~27.2% margin) and Cash PAT of Rs 153 crore; PBT declined to Rs 95 crore. Management said the strategic pivot towards equipment supply is expected to yield long-term benefits and reflect meaningfully in financials from Q3 onward, and it kept FY27 guidance unchanged: 75% revenue growth over FY26 with 20-22% EBITDA margin.

Demand visibility is strong: the order book stood at ~4.4 GW as of July 2026, including a 1.5 GW MOU with Inox Clean and a 200 MW NLC India turnkey order. Growth is also supported by the 4X MW WTG launch, transformer/power-electronics backward integration and Inox Green's ~4.5 GW Wind World India O&M consolidation expected in Q2 FY27. Key risks highlighted by auditors include expired EPCG licenses and SECI SPV investments; management believes no material impact is likely.

## Key Takeaway

The quarter showed that while Inox Wind’s revenue held steady year‑on‑year, profitability was squeezed by rising expenses. The sharp increase in finance costs, combined with a broader rise in total expenses, led to a significant drop in net profit. The expense growth outpaced the slight decline in revenue, leaving profit before tax and net profit well below the prior‑year levels.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +44.18%
- FII holding: +12.17%
- DII holding: +9.80%
- Mutual fund holding: +9.06%
- Retail holding: +13.69%
- Promoter pledged: +0.00%

### Major reported shareholders

- Inox Leasing And Finance Limited — +27.54% (Bodies Corporate)
- Devansh Trademart LLP — +8.80% (Partnership Firms)
- Aryavardhan Trading LLP — +5.99% (Partnership Firms)
- ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUND — +3.57%
- SMALLCAP WORLD FUND, INC — +2.17%
- Vivek Kumar Jain — +1.85%
- AKASH BHANSHALI — +1.75%
- ISHARES II PUBLIC LIMITED COMPANY - ISHARES GLOBAL CLEAN ENERGY TRANSITION UCITS ETF — +1.43%
- BANDHAN SMALL CAP FUND — +1.31%
- LEND LEASE COMPANY (INDIA) LTD. — +1.29%

## Official filings

- 2026-11-06 — Board Meeting Notice: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_06112026174541_1_IWL_PriorBoard_Meeting_intimation.pdf)
- 2026-11-06 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_06112026174921_IWL_Concall_intimation.pdf)
- 2026-11-06 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_11855_WebXMLFile_20261106_175130852.xml)
- 2026-11-06 — Board Meeting Notice: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_11855_WebXMLFile_20261106_175130852.xml)
- 2026-10-17 — Shareholding Disclosure: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1741002_17102026081653_WEB.xml)
- 2026-10-16 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_16102026182525_74_5_.pdf)
- 2026-09-30 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_30092026174326_IWL_Closure_of_Trading_Window_s.pdf)
- 2026-09-30 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_11855_WebXMLFile_20260930_175536653.xml)
- 2026-09-28 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_28092026234029_IWL_AGM_VR_25092026_f.pdf)
- 2026-09-25 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_25092026205043_IWLAGM_Proceeding_s.pdf)
- 2026-09-16 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_16092026161504_IWL_SE_Analysts__Investors_f.pdf)
- 2026-09-16 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_11855_WebXMLFile_20260916_184304453.xml)
- 2026-09-16 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_11855_WebXMLFile_20260916_185342352.xml)
- 2026-09-07 — Press Release: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_07092026220101_Clarification_on_Press_Release_regarding_100_MW_Order_s.pdf)
- 2026-09-04 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_04092026184056_Intimation_AGM_Notice_post_filing.pdf)
- 2026-09-03 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_03092026220943_Notice_Cover_Letter_s.pdf)
- 2026-09-03 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_11855_WebXMLFile_20260903_222546744.xml)
- 2026-09-02 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_02092026192959_Intimation_of_Notice_of_AGM_pre_filing.pdf)
- 2026-09-02 — Annual Report: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31331_INOXWIND_2025_2026_A_8279078_03092026221810.pdf)
- 2026-08-31 — Generic Announcement: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_31082026191448_Regulation_7_2__b_-Cover_letter_-ILFL-DT_31082026_f.pdf)
- 2026-08-27 — Shareholding Disclosure: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/team_sandeshc_27082026122521_Disc10.pdf)
- 2026-08-27 — Regulatory Filing: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_08272026184535_52973.zip)
- 2026-08-27 — Regulatory Filing: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/INOXWIND_08272026184458_52975.zip)
- 2026-08-27 — Official Filing: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/IT_11855_WebXMLFile_20260827_191158346.xml)
- 2026-08-18 — Shareholding Disclosure: Inox Wind Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/team_bbodade_18082026175306_INOXWIND.pdf)

## News and market events

- 2026-11-02 — Mint: **Top power stocks: Jaiprakash Power vs Suzlon vs Vedanta Power vs Reliance Power vs Inox Wind | Experts' views, target** — Market experts provided divergent stock recommendations for five renewable energy companies, advising avoidance of Jaiprakash Power Ventures and Reliance Power while recommending Suzlon Energy, Inox Wind, and Vedanta Power based on varying risk appetites. — [Source](https://www.livemint.com/market/stock-market-news/top-power-stocks-jaiprakash-power-vs-suzlon-vs-vedanta-power-vs-reliance-power-vs-inox-wind-experts-views-target-11793602441883.html)
- 2026-11-02 — BUSINESSTODAY: **This Suzlon peer zooms 10%, hit 52-week low last week** — Shares of Inox Wind Ltd surged approximately 10% to Rs 61.29, recovering from a 52-week low of Rs 55.26 recorded on October 30, 2026. Analysts at Bonanza and Choice Broking maintained a negative technical outlook, citing trading below major moving averages and recommending a sell-on-rise strategy. — [Source](https://www.businesstoday.in/markets/stocks/story/this-suzlon-peer-zooms-10-hit-52-week-low-last-week-565062-2026-11-02)
- 2026-10-30 — BUSINESSTODAY: **Multibagger bets? HFCL, Inox Wind shares among Arihant's Diwali picks, up to 200% upside seen** — Arihant Capital Markets identified HFCL Ltd, Sammaan Capital Ltd, Sheela Foam Ltd, Texmaco Rail & Engineering Ltd, and Inox Wind Ltd as top Diwali investing ideas, assigning buy ratings and target prices that imply significant upside potential ranging from 99% to 192%. The brokerage cited specific catalysts for each company, including debt restructuring for Sammaan Capital, synergy realization for Sheela Foam, order execution for Texmaco Rail, and margin expansion for Inox Wind. — [Source](https://www.businesstoday.in/markets/stocks/story/multibagger-bets-hfcl-inox-wind-shares-among-arihants-diwali-picks-up-to-200-upside-seen-564733-2026-10-30)
- 2026-10-13 — BUSINESSTODAY: **Suzlon, IEX, Tata Power, NTPC, Power Grid, CESC, ACME: What to watch in Q2** — Suzlon share, Tata Power share, NTPC share price, IEX share price, CESC share price, ACME solar share price — [Source](https://www.businesstoday.in/markets/stocks/story/suzlon-iex-tata-power-ntpc-power-grid-cesc-acme-what-to-watch-in-q2-561191-2026-10-13)
- 2026-10-01 — CNBC-TV18: **PM Dhara Scheme Unveiled - These stocks could be the likely beneficiaries** — Power Grid will be another potential beneficiary of this scheme, along with cables and power companies such as KEI Industries, Polycab, and others due to their Medium Voltage Power Cables (MV), and Extra High Voltage (EHV) power cables capabilities. — [Source](https://www.cnbctv18.com/market/pm-dhara-scheme-likely-beneficiaries-power-grid-ge-vernova-power-grid-polycab-cap-goods-share-price-capex-timeline-objectives-20002551.htm)
- 2026-09-30 — The Hindu: **Inox Clean Energy files for ₹10,000 crore IPO** — Inox Clean Energy files for a ₹10,000 crore IPO, including ₹8,000 crore fresh shares and up to ₹2,000 crore offer for sale. — [Source](https://www.thehindubusinessline.com/markets/inox-clean-energy-files-for-10000-crore-ipo-to-tap-clean-energy-growth/article71526534.ece)
- 2026-09-23 — BUSINESS: **Bluestone Jewellery & Lifestyle Ltd leads losers in 'A' group** — Parag Milk Foods Ltd, Lumax Auto Technologies Ltd, Inox Wind Ltd and Varroc Engineering Ltd are among the other losers in the BSE's 'A' group today, 23 September 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/bluestone-jewellery-lifestyle-ltd-leads-losers-in-a-group-126092300713_1.html)
- 2026-09-19 — Economic Times: **Suzlon Energy Share Price Today, Suzlon Energy Stock Price Live NSE/BSE Updates | The Economic Times** — Suzlon Energy Share Price Today - Get live NSE/BSE quotes of Suzlon Energy with latest news, headlines and quick analysis. View forecasts, quarterly results, dividend details, balance sheet & more. — [Source](https://economictimes.indiatimes.com/suzlon-energy-ltd/stocks/companyid-1209.cms)
- 2026-09-11 — BUSINESS: **Stock Alert: Shankesh Jewellery. Neogen Chem, Texmaco Rail Juniper Green Energy** — Shares of Bandhan Bank, Inox Wind, Kaynes Technology, SAIL and Manappuram Finance barred from fresh F&O positions on 11 September 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/stock-alert-shankesh-jewellery-neogen-chem-texmaco-rail-juniper-green-energy-126091100137_1.html)
- 2026-09-10 — Economic Times: **Indian Oil Corp Share Price Today, Indian Oil Corp Stock Price Live NSE/BSE Updates | The Economic Times** — Indian Oil Corp Share Price Today - Get live NSE/BSE quotes of Indian Oil Corp with latest news, headlines and quick analysis. View forecasts, quarterly results, dividend details, balance sheet & more. — [Source](https://economictimes.indiatimes.com/indian-oil-corporation-ltd/stocks/companyid-11924.cms)
- 2026-09-10 — MONEYCONTROL: **Trade Spotlight: How should you trade Urban Company, Inox Wind, CG Power, Apollo Hospitals Enterprise, Adani Ports, and others on September 10?** — Trade Spotlight — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-urban-company-inox-wind-cg-power-apollo-hospitals-enterprise-adani-ports-and-others-on-september-10-14026632.html)
- 2026-09-09 — REDIFF.COM: **Gains for power stocks depend on execution, valuations** — India's power sector is undergoing a significant transformation, driven by a planned shift towards renewable energy and ambitious capacity expansion targets, with major players like NTPC, JSW Energy, Adani, and Tata Power prioritising predictable returns. However, execution challenges and valuation concerns remain critical factors for sustained growth. — [Source](https://www.rediff.com/business/report/india-power-sector-growth-renewables-capacity-expansion-and-investment-outlook/20260909.htm)
- 2026-09-06 — MONEYCONTROL: **Trade Setup for September 7: Top 15 things to know before the opening bell** — Nifty Trade Setup for September 7,Bank Nifty Trade Setup for September 7,NSE Nifty,India VIX,Bank Nifty — [Source](https://www.moneycontrol.com/news/business/markets/trade-setup-for-september-7-top-15-things-to-know-before-the-opening-bell-14023714.html)
- 2026-09-03 — BUSINESS: **Indices tumble for 4th day; IT shares drop** — IT, FMCG and auto shares declined while realty, media and private bank shares advanced. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-tumble-for-4th-day-it-shares-drop-126090300862_1.html)
- 2026-09-03 — CNBC-TV18: **Sensex, Nifty end lower after failing to hold opening gains: What drove today’s trade?** — Banks provided support to the market, with Axis Bank and HDFC Bank among the top Nifty gainers. RBL Bank and IDFC First Bank gained up to 5% after big FCNR deposits. — [Source](https://www.cnbctv18.com/market/sensex-nifty-end-lower-after-failing-to-hold-opening-gains-what-drove-todays-trade-19983335.htm)
- 2026-09-03 — BUSINESS: **Inox Wind rises on 100 MW turnkey order from Indian Oil** — Inox Wind rose 3.29% to Rs 72.91 after the company secured a repeat turnkey order from Indian Oil Corporation for a 100 MW wind power project, with a contract value of approximately Rs 755 crore. — [Source](https://www.business-standard.com/markets/capital-market-news/inox-wind-rises-on-100-mw-turnkey-order-from-indian-oil-126090300736_1.html)
- 2026-09-03 — Economic Times: **Inox Wind bags Rs 755-crore turnkey project from Indian Oil Corporation** — Inox Wind announced securing a significant 100 MW wind energy turnkey order. This substantial project is valued at Rs 755 crore and comes from Indian Oil Corporation. The agreement includes comprehensive project execution and long-term operations and maintenance services. This order further diversifies Inox Wind's esteemed customer portfolio across various sectors. The company reinforces its standing as a complete wind energy solutions provider. — [Source](https://economictimes.indiatimes.com/industry/renewables/inox-wind-bags-rs-755-crore-turnkey-project-from-indian-oil-corporation/articleshow/133728004.cms)
- 2026-09-03 — Economic Times: **Inox Wind shares rise 2% after bagging Rs 755 crore turnkey order from Indian Oil** — Inox Wind shares rose nearly 2% after securing a ₹755-crore, 100 MW turnkey order from Indian Oil Corporation. The project includes turbine supply, EPC, execution and 10-year O&M services, strengthening its institutional customer base and integrated renewable energy capabilities. Despite the order, shares remain significantly lower in 2026. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/inox-wind-shares-rise-2-after-bagging-rs-755-crore-turnkey-order-from-indian-oil/articleshow/133725602.cms)
- 2026-09-03 — The Hindu: **Inox Wind bags ₹755-crore turnkey project from IOC** — Inox Wind on Thursday said it has secured a 100 MW wind energy turnkey order worth Rs 755 crore from Indian Oil Corporation. — [Source](https://www.thehindubusinessline.com/companies/inox-wind-bags-755-crore-turnkey-project-from-ioc/article71422496.ece)
- 2026-09-03 — BUSINESSTODAY: **Inox Wind shares rise 3% after Rs 755 crore repeat order from IOC** — Inox Wind shares, Inox Wind share price, Inox Wind share price today, Inox Wind share news today, Inox Wind — [Source](https://www.businesstoday.in/markets/stocks/story/inox-wind-shares-rise-3-after-rs-755-crore-repeat-order-from-ioc-553050-2026-09-03)
- 2026-09-03 — BUSINESS: **Inox Wind bags 100 MW wind project from Indian Oil** — Inox Windhas secured a 100 MW turnkey order worth Rs 755 crore from Indian Oil Corporation (Indian Oil). The order will be executed on a turnkey basis and includes post-commissioning operations and maintenance (O&M) services. — [Source](https://www.business-standard.com/markets/capital-market-news/inox-wind-bags-100-mw-wind-project-from-indian-oil-126090300166_1.html)
- 2026-09-03 — MONEYCONTROL: **Buzzing Stocks: Welspun Corp shares up 3% after Jefferies initiates Buy; Inox Wind gains on 100 MW projec** — Buzzing Stocks — [Source](https://www.moneycontrol.com/news/business/markets/buzzing-stocks-welspun-corp-shares-up-3-after-jefferies-initiates-buy-inox-wind-gains-on-100-mw-projec-14021389.html)
- 2026-09-03 — Economic Times: **Breaking News Live Updates: PM Modi to discuss bilateral relations with Belgium PM Bart De Wever - The Economic Times** — Breaking News Live Updates: Prime Minister Narendra Modi to hold bilateral talks with Prime Minister of Belgium, Bart De Wever, to discuss the entire spectrum of bilateral relations, and regional and global issues of mutual interest. — [Source](https://economictimes.indiatimes.com/news/newsblogs/today-news-live-india-narendra-modi-belgium-pm-bart-de-wever-us-iran-war-donald-trump-politics-rahul-gandhi-congress-sir-g20-leaders-meeting-united-states-jaishankar-ukraine-poland-nepal-flash-floods-death-toll-imd-monsoon-rain-alert-delhi-weather-september-3/liveblog/133723987.cms)
- 2026-09-03 — BUSINESSTODAY: **Inox Wind shares in focus after Rs 755 crore repeat order from IOC; key details** — Inox Wind share price today, Inox Wind share price, Inox Wind share, IWL share price, Suzlon share price, Suzlon share, Suzlon news — [Source](https://www.businesstoday.in/markets/stocks/story/inox-wind-shares-in-focus-after-rs-755-crore-repeat-order-from-ioc-key-details-553007-2026-09-03)
- 2026-09-03 — CNBC-TV18: **Inox Wind shares in focus after 100 MW tunrkey order win worth ₹755 crore from Indian Oil** — Kailash Tarachandani, group CEO, Renewables business, INOXGFL Group, said this is a repeat order for the company. The company's revenue declined for the second straight quarter in June but reiterated its revenue and margin guidance for the full year. — [Source](https://www.cnbctv18.com/market/inox-wind-share-price-100-mw-turnkey-order-from-indian-oil-755-crore-timeline-execution-19982896.htm)

## Business profile

**Strategic vision:** Manufactures wind turbines and provides renewable energy solutions.

### Business segments
- **Wind Turbine Generator Manufacturing:** The company manufactures key components for WTGs, including nacelles, hubs, blades, and towers, with models engineered for low wind speed conditions.
- **Wind Energy Services:** Inox Wind provides a full spectrum of services from concept to commissioning and ongoing operations and maintenance, including resource assessment, infrastructure development, site acquisition, EPC, and O&M.

### Competitive strengths
- Specialized engineering for low wind speed conditions
- Integrated manufacturing and service capabilities

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/inoxwind
Markdown representation: https://faxioms.com/stocks/inoxwind?render=md