Inox Wind Energy Shows Strong Short-Term Gains Amid Broader Market Rally
Inox Wind Energy has experienced notable gains, achieving five consecutive days of increases and a total return of 19.63%. The stock reached an intraday high of Rs 10,010 and is currently above several moving averages. Over the past year, it has outperformed the Sensex significantly.
Inox Wind Energy has shown significant activity today, gaining 5.0% on April 21, 2025. The stock has been on an upward trend, marking five consecutive days of gains and accumulating a total return of 19.63% during this period. Despite today's performance, Inox Wind Energy underperformed the renewable energy sector, which rose by 6.12%. The stock reached an intraday high of Rs 10,010, reflecting a 5.22% increase. In terms of moving averages, Inox Wind Energy is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, but remains below its 200-day moving average.
In the broader market, the Sensex has experienced a sharp rise, climbing 703.81 points to reach 79,606.90, a 1.34% increase. Mid-cap stocks are leading the market, with the BSE Mid Cap index gaining 2.02%. Over the past year, Inox Wind Energy has delivered impressive returns of 62.60%, significantly outperforming the Sensex, which has risen by 8.90% in the same timeframe.
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