Inox Wind Share Price: Energy stock slips 8% after weak Q4 results; Brokerages see up to 43% upside – Check target – Markets

Inox Wind Share Price: Energy stock slips 8% after weak Q4 results; Brokerages see up to 43% upside - Check target - Markets


Inox Wind Share Price Target: Inox Wind shares, a BSE 500 stock, slipped nearly 8 per cent on Monday (June 1) after the company reported a decline in its profit for the quarter ending March 31.

As of 9:45 am, the stock was down 7.3 per cent, or Rs 6.8, trading at Rs 86.13. The price fell as low as Rs 85.65 during the trading session, reflecting a decline of 7.9 per cent from the previous close of Rs 92.95. (Inox Wind Share Price)

Created with AI. Errors are possible
The wind turbine generator manufacturer reported a 45 per cent decline in consolidated net profit to Rs 105.68 crore in the March quarter. Additionally, the company’s total income from operations also fell slightly to Rs 1,305.50 crore from Rs 1,310.65 crore a year earlier.

Expenses stood at Rs 1,161.59 crore compared to Rs 1,103.01 crore in the last quarter of FY25. The company’s order book of 3.1 GW as of March 31, 2026, provides strong revenue visibility for more than 24 months.

Despite today’s weak performance and a disappointing quarterly result, brokerage firms remain bullish on the stock and expect an upside of up to 43 per cent.

Here’s what brokerages have to say about the stock’s outlook:

MOFSL Maintains BUY

Motilal Oswal Financial Services (MOFSL) has maintained a ‘BUY’ rating on Inox Wind with a target price of Rs 110, noting that FY26 performance was weighed down by execution disruptions.

The price target suggested by the brokerage reflects an upside of 27.7 per cent from current levels in 2026.

The company reported revenue below estimates due to supply-chain constraints, particularly delays in imported components, which slowed project execution.

Despite this, management expects a recovery in Q1FY27 and Q2FY27, supported by a strong 3.1 GW order book. FY27 growth guidance stands at 75 per cent, with 20–22 per cent margins, as the company shifts its strategy toward equipment supply.

Nuvama Sees 43% Upside

Nuvama has retained its ‘BUY’ rating on Inox Wind with a target price of Rs 123, citing long-term growth visibility despite near-term execution challenges.

Despite today’s 8 per cent decline, the brokerage expects the stock to rise over 42 per cent from current levels.

Echoing similar views as MOFSL, the management expects ECS supply normalisation from Q2FY27, supporting recovery. FY27 revenue growth guidance remains strong at 75 per cent year-on-year, backed by a 3.1 GW order book.

The company is shifting toward equipment supply contracts to improve cash flows, while Inox Green’s outlook strengthens post demerger.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *