Inox Green Energy Faces Short-Term Setback Amid Strong Long-Term Performance Trends

Inox Green Energy Services has experienced a notable decline of 5.1% on June 2, 2025, underperforming its sector by 5.65%. This downturn follows a brief period of gains, marking a trend reversal after two consecutive days of increases. The stock reached an intraday high of Rs 188.2, reflecting a 2.59% increase at its peak, but fell to a low of Rs 172.45, representing a 6% decrease.
In terms of moving averages, Inox Green Energy Services is currently positioned above its 20-day, 50-day, 100-day, and 200-day moving averages, yet it remains below its 5-day moving average. This indicates a mixed performance in the short term compared to longer-term trends.

The broader market context shows the Sensex trading negatively, down 236.59 points, or 0.52%. Despite this, small-cap stocks are leading the market, with the BSE Small Cap index gaining 0.32%. Over the past month, Inox Green Energy Services has shown a strong performance with a 26.22% increase, significantly outpacing the Sensex's 0.59% rise. Over the last year, the stock has gained 31.63%, compared to the Sensex's 9.49%.