Inox Wind Energy Shows Trend Reversal Amid Broader Market Recovery in Renewable Sector

Inox Wind Energy has shown significant activity today, gaining 5.46% on March 27, 2025. This performance marks a notable trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 9,557.55, reflecting a 6.18% increase during the trading session.
Inox Wind Energy's performance metrics indicate that it has outperformed its sector by 6.41% today. Over the past week, the stock has risen by 5.40%, compared to a 1.65% increase in the Sensex. In the last month, Inox Wind Energy has achieved a 9.69% gain, while the Sensex has risen by 4.02%. However, the stock's three-month performance shows a decline of 11.27%, contrasting with a smaller drop of 1.38% in the Sensex.

Currently, Inox Wind Energy's moving averages are higher than the 5-day, 20-day, and 50-day averages, but lower than the 100-day and 200-day averages. This midcap company continues to navigate the renewable energy sector amidst a broader market recovery, as the Sensex has gained 6.03% over the past three weeks.