Archive · 9 Oct 2026
Inox Green Shares Jump After ₹550 Crore Acquisition Update
Inox Green’s shares rose sharply during the trading day.
The company said it had paid ₹550 crore to acquire a wind-farm service business from Wind World India.
That business looks after wind power equipment and has a stated capacity of 4.5 gigawatts.
The business is to move to Inox Green’s subsidiary, Vibhav Energy.
Inox Green is expected to own 75% of that subsidiary after the transfer and resolution plan are completed.
One analyst said current shareholders could hold their shares.
Another said new investors could consider buying only if the price rises above ₹135.
The analysts also gave stop-loss levels and potential price targets.
The article uses both “Inox Green Energy Services” and “Inox Green Energy Solutions” when referring to the company.
The article says shares opened at ₹117.04 and reached an intraday high of ₹131.80, a gain of more than 15%.
Inox Green said it completed payment of ₹550 crore for Wind World India’s 4.5 GW wind operations and maintenance business.
The transfer will be made to Inox Green subsidiary Vibhav Energy under a business transfer agreement and an NCLT-approved resolution plan.
Inox Green is to own a 75% stake in Vibhav Energy after the transfer and implementation of the resolution plan.
Analysts advised existing shareholders to hold, while a separate recommendation was to consider buying above ₹135; both included stop-loss levels.
- Who
- Inox Green Energy Services / Inox Green Energy Solutions, Wind World India Limited, and subsidiary Vibhav Energy Private Limited.
- What
- Inox Green completed payment of ₹550 crore for Wind World India’s 4.5 GW wind O&M business.
- When
- The company said payment was completed on October 6, 2026; the article describes the share movement as occurring that day.
- Where
- The shares traded on the National Stock Exchange of India (NSE); the acquired business is in India.
- Why
- The company said the acquisition transfers the wind O&M business to its subsidiary; market experts also cited elevated crude oil prices as a factor supporting renewable energy shares.
Existing Shareholders
Potential New Investors
Analyst guidance
Existing Shareholders
Mahesh M. Ojha of KC Securities advised existing shareholders to hold, with a stop-loss below ₹116 and immediate targets of ₹146 and ₹155.
Potential New Investors
Sumeet Bagadia of Choice Broking advised fresh investors to consider buying above ₹135, with targets of ₹160 and ₹170 and a stop-loss at ₹115.
- Acquisition consideration
- ₹550 crore, inclusive of taxes
- Acquired business
- Wind World India’s 4.5 GW wind operations and maintenance business
- Payment date stated
- October 6, 2026
- Transfer vehicle
- Vibhav Energy Private Limited, an Inox Green subsidiary
- Expected Inox Green stake
- 75% of Vibhav Energy after completion of the transfer and implementation of the resolution plan
- Intraday share high
- ₹131.80 per share on the NSE
- Analyst targets cited
- ₹146 and ₹155 for existing shareholders; ₹160 and ₹170 for fresh investors, subject to the stated recommendations and stop-losses