Inox Wind Stock Sees 3.45% Increase, Listed as Momentumnow Stock by MarketsMOJO

Inox Wind, a leading player in the renewable energy industry, saw a 3.45% increase in its stock price on October 15, 2024. The stock has been given a 'Hold' call by MarketsMOJO, a popular stock analysis platform. It has also been listed as part of the Momentumnow Stocks on MarketsMOJO since May 24, 2024.

The stock's performance today has outperformed the sector by 2.49%, indicating a positive trend. After three consecutive days of falling, the stock has shown a reversal and gained in value. It reached an intraday high of Rs 221.35, a 3.07% increase from the previous day's closing.

In terms of moving averages, the stock is currently higher than the 5-day, 100-day, and 200-day moving averages. However, it is lower than the 20-day and 50-day moving averages. This suggests that the stock has been performing well in the long term, but may have faced some short-term challenges.

In comparison to the Sensex, Inox Wind's performance in the past day and month has been significantly better. While the stock saw a 3.38% increase, the Sensex only had a 0.16% increase in performance. Similarly, in the past month, Inox Wind's performance was -11.83%, while the Sensex's performance was -0.94%.

Overall, Inox Wind's stock has shown positive growth and has been performing well in the renewable energy industry. With a 'Hold' call from MarketsMOJO and its inclusion in the Momentumnow Stocks list, it is definitely a stock to keep an eye on.