Why is Inox Wind falling/rising?
As of 21-Aug, Inox Wind Ltd's stock price is declining at 142.70, down 0.97%, with a significant monthly drop of -14.55%. Despite strong long-term growth indicators, high debt levels and low profitability are negatively affecting investor sentiment and contributing to its underperformance compared to the broader market.
As of 21-Aug, Inox Wind Ltd is experiencing a decline in its stock price, currently at 142.70, which reflects a decrease of 1.4 or 0.97%. The stock has been underperforming recently, having fallen for the last two days with a total return of -1.18% in that period. Although it outperformed its sector by 1.32% today, the stock's performance over the past month shows a significant decline of -14.55%. Despite healthy long-term growth indicators, such as a 44.36% annual increase in net sales and a remarkable 134.05% growth in net profit, the company faces challenges, including a high Debt to EBITDA ratio of 4.46 times and low return on equity of 1.63%. These factors contribute to a perception of financial instability, which may be impacting investor sentiment negatively.In the broader market context, Inox Wind's recent performance contrasts sharply with the benchmark, as it has generated a return of -33.72% over the past year, while the Sensex has only declined by 1.74% in the same timeframe. This significant underperformance indicates that investors are cautious about the stock, particularly given the broader renewable energy sector's decline of -2.29%. Additionally, the falling investor participation, with a delivery volume drop of 51.55% against the five-day average, suggests a lack of confidence among traders. While the stock is trading at a discount compared to its peers, the combination of high debt levels and low profitability metrics continues to weigh heavily on its market perception.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
