India's Inox Green eyes best day ever on O&M service provider acquisition

Inox Green Energy Services

26/12/2022 06:46

** Shares of Inox Green Energy Services  INOG.NS  rise as
much as 14.3% to 46.7 rupees, marking a record intraday gain
    ** INOG says it signed a term sheet to buy a majority stake
in an independent O&M wind service provider
    ** Co says with this acquisition, it enters multi-brand OEM
wind turbine O&M business
    ** Nearly 1.7 mln shares change hands by 12:19 p.m. IST vs
0.5x 30-day avg of 3.7 mln shares
 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))