India's Inox GFL Group shares up as wind businesses pay down debt

Inox Wind

30/11/2022 05:14

** Shares of wind energy companies Inox Wind Ltd  INWN.NS 
and Inox Green Energy Services  INOG.NS  rise as much as 7.5%
and 3.7%, respectively
    ** Group on Tuesday said that its wind businesses paid 4.11
billion rupees ($50.38 million) to reduce debt
    ** Adds in process of further reducing debt
    ** INOG shares listed earlier this month, falling 9%% on
debut
    ** INWN shares mark sharpest intraday pct gain since Sept.
19
    ** INWN up 6.2% YTD up to last close
($1 = 81.5740 Indian rupees)
 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))