Inox Green Energy Services Shows Resilience Amid Broader Market Decline

May 13 2025 10:20 AM IST
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Inox Green Energy Services has demonstrated strong performance, gaining 5.05% today and marking its third consecutive day of increases. The stock has outperformed its sector and remains above several key moving averages, despite a broader market decline. Over the past month, it has risen significantly compared to the Sensex.
Inox Green Energy Services has shown significant activity today, gaining 5.05% as of May 13, 2025. This midcap player in the renewable energy sector has outperformed its industry, exceeding sector performance by 4.11%. The stock has been on a positive trajectory, marking its third consecutive day of gains, with a total increase of 9.95% over this period.

During today's trading session, Inox Green Energy Services reached an intraday high of Rs 146.6, reflecting a rise of 5.85%. The stock's performance is noteworthy as it remains above its 5-day, 20-day, 50-day, and 100-day moving averages, although it is currently below its 200-day moving average.

In the broader market context, the Sensex has experienced a decline, falling by 455.61 points to 81,793.99, a decrease of 0.77%. Despite this, Inox Green Energy Services has demonstrated resilience, with its one-month performance showing a 22.60% increase compared to the Sensex's 8.83%. Over the past year, the stock has gained 23.17%, significantly outpacing the Sensex's 12.39% increase.
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