Inox Wind Shows Mixed Performance Amid Broader Market Challenges and Resilience Trends

Jun 02 2025 12:35 PM IST
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Inox Wind, a key player in the heavy electrical equipment sector, saw a decline on June 2, 2025, despite an earlier gain. The stock has shown resilience with significant increases over the past three months and three years, while currently trading above several moving averages.
Inox Wind, a prominent player in the heavy electrical equipment sector, experienced a decline of 3.31% on June 2, 2025. The stock opened the day with a gain of 2.38%, reaching an intraday high of Rs 201, before falling to a low of Rs 188.75. Despite today's underperformance, Inox Wind has shown resilience over the longer term, with a notable 25.77% increase over the past three months and a remarkable 699.58% rise over the last three years.

Inox Wind's performance metrics indicate that it is currently trading above its 20-day, 50-day, and 100-day moving averages, although it is below its 5-day and 200-day moving averages. This mixed performance comes amid a broader market trend, with the Sensex down 0.3% after opening lower. The Sensex has faced challenges recently, experiencing a 1.37% decline over the past three weeks.

Overall, Inox Wind remains a part of the Reliable Performers category on MarketsMOJO since October 2024, reflecting its consistent performance in the market.
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