Shares of Inox Wind Energy Solutions Ltd have been on an uptrend since the early morning dealing. The renewable energy stock extended its early morning gain and touched an intraday high of ₹131.80 per share on the NSE, clocking an intraday gain of over 15%. Inox Green Energy Services share price today opened upside at ₹117.04 per share and touched an intraday high of ₹131.80 per share on the NSE.
According to market experts, Inox Green Energy Solutions Ltd share price is skyrocketing today as the company has declared an acquisition of Wind World India’s 4.5 GW O&M business worth ₹550 crore. They also believe that soaring crude oil prices boost demand for renewable energy companies, and the company is benefiting from this. They see more upside in the stock and have advised shareholders to hold for a one-month target of up to ₹155.
Why is Inox Green Energy Solutions share skyrocketing?
(This is a developing story. Please refresh it for more updates)
Disclaimer: This story is for educational and informational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified financial experts before making any investment decisions.
