Inox Wind Shows Strong Performance Amid Broader Market Decline in Renewable Energy Sector

Inox Wind, a prominent player in the renewable energy sector, has shown significant activity today, gaining 3.07% on April 24, 2025. This performance marks a notable outperformance against the broader market, as the stock has outpaced its sector by 1.47%. Over the past four days, Inox Wind has demonstrated a strong upward trend, accumulating a total return of 10.57%.
The stock reached an intraday high of Rs 180.7, reflecting a 3.52% increase during the trading session. Inox Wind's moving averages indicate a robust short-term performance, with current prices exceeding the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

In contrast, the Sensex has experienced a slight decline of 0.22% today, following a flat opening. Despite this, Inox Wind's performance over various time frames remains impressive, with a 25.43% increase over the past three months and a remarkable 533.89% rise over the last three years. The stock is classified as a Reliable Performer on MarketsMOJO since October 30, 2024, highlighting its consistent performance in the renewable energy market.