INOX Wind Share Price Target; Inox Wind Limited is one of India’s leading wind energy solution providers, specializing in manufacturing wind turbine generators (WTGs) and offering turnkey wind power solutions. With the increasing demand for renewable energy, Inox Wind has seen a surge in investor interest. In this article, we analyze the Inox Wind share price target for 2024, 2025, 2026, 2027, and 2030 based on expert opinions, market trends, and company fundamentals.
INOX Wind Stock Overview
| Particulars | Details |
|---|---|
| Open Price | ₹164.00 |
| Previous Close | ₹167.63 |
| Volume | 9,725,380 |
| Value (Lacs) | ₹16,007.00 |
| Beta | 1.59 |
| Market Cap (₹ Cr.) | ₹21,459 |
| Day’s High | ₹166.94 |
| Day’s Low | ₹159.92 |
| 52-Week High | ₹261.90 |
| 52-Week Low | ₹107.06 |
| Face Value | ₹10 |
| All-Time High | ₹261.90 |
| All-Time Low | ₹4.00 |
| 20D Avg Volume | 19,249,235 |
| 20D Avg Delivery (%) | 12.16 |
| Book Value Per Share | ₹69.41 |
| Dividend Yield | — |
| TTM EPS | ₹2.36 (+249.08% YoY) |
| TTM PE Ratio | 69.74 (High PE) |
| P/B Ratio | 2.37 (Low P/B) |
| Sector PE | 81.19 |
About INOX Wind Ltd Company
Inox Wind Limited is a part of the Inox Group. The company is engaged in the business of manufacturing Wind Turbine Generators (WTGs) and is a wind energy solutions provider servicing IPPs, Utilities, PSUs, Corporates and Retail Investors. Inox Wind Ltd is a fully integrated player in the wind energy market and provides end-to-end turnkey solutions.
Introduction
Inox Wind is a prominent player in the renewable energy sector, specializing in wind power solutions. With the growing emphasis on green energy, the company has witnessed significant growth in its market valuation. Investors are keen to understand the future trajectory of Inox Wind’s share price, making it essential to analyze its past performance, financials, and expert predictions.
Inox Wind Share Price Performance
The stock has shown volatility in recent years, with a 52-week high of ₹261.90 and a low of ₹107.06. With India’s push toward renewable energy, the stock remains an attractive option for long-term investors.
| Metrics | Value |
|---|---|
| Current Price | ₹164.00 |
| 52-Week High | ₹261.90 |
| 52-Week Low | ₹107.06 |
| Market Cap | ₹21,459 Cr |
| TTM EPS | ₹2.36 (+249.08% YoY) |
| TTM PE | 69.74 (High PE) |
| P/B Ratio | 2.37 (Low P/B) |
| Sector PE | 81.19 |
Inox Wind Share Price Target Forecast
2024 Target
With strong financials and increasing demand for wind energy solutions, the stock is expected to trade between ₹180 – ₹220 in 2024.
2025 Target
Given the company’s expansion plans and government incentives in renewable energy, the share price could reach ₹250 – ₹280 by 2025.
2026 Target
If Inox Wind maintains its growth trajectory and profitability, the share price might see levels of ₹300 – ₹350.
2030 Long-Term Target
By 2030, with India’s transition to sustainable energy, Inox Wind has the potential to hit ₹500+, provided market conditions remain favorable.
Factors Influencing Inox Wind’s Growth
- Renewable Energy Demand: Government initiatives promoting clean energy will drive growth.
- Expansion Plans: Inox Wind is increasing its manufacturing capacity to meet demand.
- Financial Performance: Improved earnings and profitability will boost investor confidence.
- Market Sentiment: Global trends in renewable energy investment will play a crucial role.
Should You Invest in Inox Wind?
Inox Wind presents a promising investment opportunity for long-term investors looking to capitalize on India’s renewable energy growth. However, investors should monitor financial reports, market trends, and government policies before making investment decisions.
Conclusion
With increasing demand for wind energy and strong backing from government policies, Inox Wind appears to be a solid bet for the future. While short-term volatility is expected, long-term investors could benefit from its growth trajectory. Always conduct due diligence before investing in any stock.
Mukesh Thakur is a prolific writer with over a decade of professional experience. A person of wide interests, he found his true calling in the field of investing and specifically the stock market. He has an amazing skill of presenting the most complex financial concepts (and there is no shortage of complexity in investing) in simple language and terms.