Inox Wind Shows Strong Performance Amid Broader Market Gains and Renewable Energy Momentum

Inox Wind, a prominent player in the renewable energy sector, has shown notable activity today, gaining 3.2% on April 23, 2025. The stock has outperformed its sector by 1.09%, marking a positive trend as it has recorded consecutive gains over the past three days, accumulating a total return of 6.67% during this period.
Today, Inox Wind reached an intraday high of Rs 175, reflecting a rise of 3.55%. The stock's performance is currently positioned above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average, indicating mixed momentum in the longer term.

In the broader market, the Sensex opened higher at 80,142.09, gaining 546.50 points (0.69%), and is currently trading at 79,794.78, up 0.25%. The mid-cap segment is leading the market, with the BSE Mid Cap index gaining 0.27%. Over various time frames, Inox Wind has demonstrated strong performance, particularly over the last three years, where it has surged by 513.24%, significantly outpacing the Sensex's 39.52% increase.