Inox Wind Faces Continued Decline Amid Broader Sector Weakness and Mixed Trends

Feb 18 2025 01:05 PM IST
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Inox Wind has faced a decline of 4.41% on February 18, 2025, continuing a downward trend with a 7.8% loss over three days. The stock's performance is mixed against various moving averages, and it has seen a slight decline of 1.80% over the past month.
Inox Wind, a prominent player in the renewable energy sector, has experienced a notable decline of 4.41% on February 18, 2025. This drop marks a continuation of a downward trend, with the stock losing 7.8% over the past three days. On this trading day, Inox Wind underperformed its sector, which saw an overall decline of 3.22%, and lagged behind the Sensex, which fell by only 0.30%.

The stock reached an intraday low of Rs 162.3, reflecting a decrease of 4.53% at its lowest point. In terms of moving averages, Inox Wind's performance is currently above its 20-day moving average but below the 5-day, 50-day, 100-day, and 200-day moving averages, indicating mixed short- to long-term trends.

Over the past month, Inox Wind has seen a slight decline of 1.80%, compared to the Sensex's marginal drop of 1.11%. As part of the Reliable Performers category on MarketsMOJO since October 30, 2024, the stock continues to be monitored closely for its performance metrics within the renewable energy landscape.
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