Archive · 19 Aug 2025
Inox Wind Shares Jump After Subsidiary Stake Sale, Analysts Say Buy
Inox Wind, which builds wind farms, saw its stock price go up because it sold some shares of its other company, Inox Renewable Solutions.
The sale was for ₹175 crore and valued the subsidiary at ₹7,400 crore.
Inox Wind also made a lot more profit this past quarter.
Experts suggest that the stock is still a good buy, with the potential to increase in value.
Inox Wind's share price rose nearly 5% after selling a stake in its subsidiary.
The company sold shares worth ₹175 crore in Inox Renewable Solutions Ltd.
Inox Renewable Solutions was valued at ₹7,400 crore.
Inox Wind reported a 134% surge in net profit for Q1 FY26.
Brokerage firms have 'buy' ratings on Inox Wind with target prices varying from ₹170 to ₹190.
- Who
- Inox Wind and investors
- What
- Inox Wind sold a stake in its subsidiary, Inox Renewable Solutions Ltd.
- When
- August 19, 2025
- Where
- India
- Why
- The divestment aims to enhance business efficiency and unlock value.
- Company
- Inox Wind
- Share Price Increase
- Almost 5%
- Sale Amount
- ₹175 crore
- Subsidiary
- Inox Renewable Solutions Ltd
- Subsidiary Valuation
- ₹7,400 crore
- Q1 FY26 Net Profit Increase
- 134%
- Brokerage Rating
- Buy
- Target Price Range
- ₹170-₹190
