Inox Wind Energy Outperforms Market Amid Broader Downturn, Shows Strong Momentum

Inox Wind Energy has shown significant activity today, gaining 6.77% as of March 28, 2025. This midcap player in the renewable energy sector has outperformed its industry, which saw a gain of 2.93%. Over the past two days, Inox Wind Energy has achieved a cumulative return of 11%, indicating a positive trend in its performance.
The stock reached an intraday high of Rs 10,023.95, reflecting a 7.12% increase during the trading session. Inox Wind Energy is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum.

In contrast, the broader market is experiencing a downturn, with the Sensex down by 0.27% after an initial positive opening. Despite this, Inox Wind Energy's performance stands out, with a 1-day return of 6.11% compared to the Sensex's decline. Over the past year, the stock has delivered an impressive 71.09% return, significantly outpacing the Sensex's 5.09% gain. Overall, Inox Wind Energy continues to demonstrate resilience and strength in a fluctuating market environment.