Stock of this wind turbine generator company has zoomed 101% in six weeks
- Best Investment Advisor in India
- Business
- Commodity Market
- Currency
- Equity Market
- FII based calls
- Foreign Markets
- Genuine stock tips provider
- Intraday trading tips
- Intraday trading tips & Strategies
- Investment adviser
- Investments
- IT Industry
- Most accurate stock tips provider
- News
- NSE F&O
- Operator based calls
- Politics
- Portfolio Management Services
- promotions
- SEBI Registered advisory company
- Stock Market
Shares of Inox Wind Energy (IWEL) hit a record high of Rs 1,010 as they surged 5 per cent on the BSE in Tuesday’s intra-day trade. The stock of the INOX GFL Group surpassed its previous high of Rs 992, which it had touched on November 4, 2021.
Since August 28, i.e. in the past six weeks, the market price of Inox Wind Energy has zoomed 101 per cent from a level of Rs 502. In the past one week alone, it rallied 26 per cent as compared to 1.5 per cent rise in the S&P BSE Sensex.
The Group is engaged in the business of manufacture and sale of Wind Turbine Generators, and generation and sale of wind energy. It also provides Erection, Procurement and Commissioning services; Operations and Maintenance services; wind farm development services; and Common Infrastructure Facilities for WTGs. The area of operations of the Group is within India.
IWEL was established as a wholly owned subsidiary of GFL Limited. It is a subsidiary of Inox Leasing and Finance Limited, which presently holds 52.93 per cent of the Company’s Paid-up capital.
Under the Paris Agreement, the government has prioritised renewable energy development through its Intended Nationally Determined Contribution (INDC) objectives. It had set a target of 175 GW of renewable energy capacity by the end of 2022, with 60 GW coming from wind energy, to grow to 500 GW by 2030, with 140 GW coming from wind energy. To that end, the government has planned wind auctions of 10GW each year until 2028, creating an excellent opportunity for enterprises in the field to grow and expand.
On the other hand, the government of Gujarat has opened the world’s largest Hybrid Renewable Energy Park with a capacity of 30 GW in the region of Kutch. More hybrid parks like solar parks are scheduled to be created Nationwide.
“These mixed parks will operate plug-andplay, with stat/development agencies providing land and power evacuation facilities. Furthermore, the government is developing a ‘green tariff’ policy to assist electricity distribution firms (DISCOMs) in supplying electricity generated from clean energy projects at a lower cost than power generated from conventional fuel sources such as coal,” IWEL said in its FY22 annual report.
The business is trying to meet the growing demand for renewable energy by expanding and enhancing its existing production facilities. Furthermore, as part of its plan to provide turnkey solutions for wind farm projects, the business expects to seek further wind site purchase and development possibilities to refill and extend its Wind Site inventory. Furthermore, the firm will continue to increase wind energy generating efficiency by introducing more modern WTGs, the company added.
#1 stock adviser in India Accurate stock tips provider Best Equity Portfolio Management Best Intraday calls provider Best Intraday Tips Best Intraday tips provider Best Investment adviser in India Best Portfolio Management services Best Portfolio Management services in India Best SEBI registered investment advisor Best SEBI registered stock advisory company Best Share Market intraday tips Best stock advisor websites Best stock advisory company in India Best stock tips provider in india Best tips provider in India Genuine Account Management services Genuine SEBI registered advisory company Genuine stock market tips provider India no 1 stock advisory company India’s top rated advisory company India’s top rated Stock tips provider Intraday calls in stock future Intraday calls in stock market Intraday Jackpot tips Intraday Sureshot tips Intraday Sureshot tips provider Intraday tips Intraday tips in F&O Intraday trading in share market Intraday trading techniques Intraday trading tips Intraday trading tips & Strategies Intraday trading tips in stock market Investment adviser Jackpot intraday tips Most accurate investment adviser in India Most successful stock advisors in india Operator based calls Operator based intraday stock tips Operator based intraday tips Operator based options tips Operator based sureshot calls Share market trading tips online Stock market Stock market news Stock Market tips Stock market trading tips provider Strategy for Wealth Management and Financial planning Top rated Portfolio Management services Top rated SEBI registered stock advisory firms
Archives
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- March 2023
- February 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
Categories
- Best Investment Advisor in India
- Business
- Commodity Market
- Currency
- Equity Market
- FII based calls
- Foreign Markets
- Genuine stock tips provider
- Intraday trading tips
- Intraday trading tips & Strategies
- Investment adviser
- Investments
- IT Industry
- Most accurate stock tips provider
- News
- NSE F&O
- Operator based calls
- Politics
- Portfolio Management Services
- promotions
- SEBI Registered advisory company
- Stock Market
- Uncategorized
Calender
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | |
7 | 8 | 9 | 10 | 11 | 12 | 13 |
14 | 15 | 16 | 17 | 18 | 19 | 20 |
21 | 22 | 23 | 24 | 25 | 26 | 27 |
28 | 29 | 30 | 31 |