The net profit for the quarter ending March 31, 2016 surged by 77.5% to Rs. 209.2 crore.
Inox Wind Ltd stock was higher by 4% at Rs.250.
The net profit for the quarter ending March 31, 2016 surged by 77.5% to Rs. 209.2 crore.
The total income from operations grew 97% YoY from Rs. 930 crores in Q4FY15 to Rs. 1,829 crores in Q4 FY16.
The scrip opened at Rs. 251.9 and has touched a high and low of Rs. 261.75 and Rs. 247 respectively. So far 2671978(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 5365.98 crore.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 484.9 on 18-May-2015 and a 52 week low of Rs. 217 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs. 295.05 and Rs. 233.5 respectively.
The promoters holding in the company stood at 85.62 % while Institutions and Non-Institutions held 6.82 % and 7.56 % respectively.
The stock is currently trading below its 200 DMA.
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