Inox Wind Stock Sees 3.2% Increase, Rated 'Hold' by MarketsMOJO

Inox Wind, a leading player in the renewable energy industry, saw a 3.2% increase in its stock price on October 28, 2024. This positive movement was in line with the overall performance of the company, which has been consistently showing growth in recent months. According to MarketsMOJO, a leading stock analysis platform, Inox Wind's stock is currently rated as 'Hold'. The company's stock has been a part of the Momentumnow Stocks on MarketsMOJO since May 24, 2024, indicating its strong performance in the market. In terms of price performance, Inox Wind has outperformed its sector by 2.8% today. The stock also opened with a gain of 3.62% and touched an intraday high of Rs 217, which is a 6.9% increase from its previous closing price. However, the stock is currently trading lower than its 5 day, 20 day, and 50 day moving averages, but higher than its 100 day and 200 day moving averages. In comparison to the overall market performance, Inox Wind has shown a 1 day performance of 2.51% compared to Sensex's 0.53% performance. In the past month, the company's stock has seen a decline of 12.49%, while Sensex has also shown a negative performance of -6.72%. Overall, Inox Wind's stock has been performing well in the market, with consistent growth and outperforming its sector. However, it is currently rated as 'Hold' by MarketsMOJO, indicating a neutral stance on the stock. Investors should keep an eye on the company's performance in the coming months to make informed decisions.