Inox Wind Shows Signs of Trend Reversal Amid Broader Market Gains

Inox Wind, a prominent player in the heavy electrical equipment sector, has shown notable activity today, gaining 3.39% as of May 26, 2025. This uptick comes after two consecutive days of decline, indicating a potential trend reversal. The stock reached an intraday high of Rs 191.2, reflecting a 3.77% increase during the trading session.
Despite this positive movement, Inox Wind underperformed its sector by 0.26%. However, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong position in the market.

In the broader market context, the Sensex has continued its upward trajectory, climbing 526.79 points to reach 82,455.74, marking a 0.9% increase. The index is now just 4.27% shy of its 52-week high. Inox Wind's performance over various time frames has been robust, with a 1-year increase of 13.89% and an impressive 771.29% rise over the past three years, significantly outpacing the Sensex's 51.99% growth during the same period.