Inox Green Energy Shares Hit Day Low Amid Price Pressure, Dropping to Rs 244.3

Oct 23 2025 02:04 PM IST
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Inox Green Energy Services saw a notable decline on October 23, 2025, following two days of gains. The stock has underperformed relative to the Sensex over the past week but has shown strong monthly growth. Its moving averages reflect mixed performance amid a generally bullish market.
Inox Green Energy Services has experienced a significant decline today, with the stock dropping by 8.12% as of October 23, 2025. The stock reached an intraday low of Rs 244.3, reflecting a decrease of 7.25%. This downturn comes after two consecutive days of gains, indicating a potential trend reversal.

In terms of performance metrics, Inox Green Energy Services has underperformed compared to the broader market, lagging behind the Sensex, which has gained 0.52% today. Over the past week, the stock has declined by 6.57%, while the Sensex has risen by 1.68%. However, on a monthly basis, Inox Green has shown a robust increase of 20.54%, significantly outperforming the Sensex's 3.37% gain.

Despite today's decline, Inox Green's moving averages indicate that the stock is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving average. This mixed performance highlights the stock's volatility within the context of a generally bullish market environment, as evidenced by the Sensex reaching a new 52-week high.
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