Portions of Inox Wind Ltd have turned powerless for the time being. The stock slipped 27.47% in two months from its record high on BSE. The multibagger stock hit record high of Rs 262.10 on September 23, 2024. Of the 27% fall, half (13.10%) of it came over the most recent fourteen days. In 90 days as well, the stock is down 11%. Notwithstanding, the efficient power energy stock has risen 202% in a year and zoomed 556% in two years.
In the past meeting, Inox Wind stock shut 0.56% higher at Rs 190.10 against the end of Rs 189.05 on November 18 on BSE. Market cap of Inox Wind rose to Rs 24,785 crore on BSE.
All out 2.96 lakh portions of the firm changed hands adding up to a turnover of Rs 5.70 crore on BSE. Inox Wind shares have a beta of 1.6, showing exceptionally high unpredictability in a year. The multibagger environmentally friendly power energy stock is exchanging lower than the multi day, multi day, multi day, multi day , multi day, multi day yet higher than the multi day and multi day moving midpoints.
Pivot Protections has a purchase approach the stock with a value focus of Rs 270.