India's Inox Wind at near six-month high as Q4 loss narrows

Inox Wind

29/05/2023 06:52

** Shares of Inox Wind Ltd  INWN.NS  rises as much as 8.12%
to 126.50 rupees, highest since Dec. 8
    ** Wind turbine generator maker reports narrower Y/Y loss in
march quarter on a 41% jump in revenue from ops  urn:newsml:reuters.com:*:nFWN37N0DE
    ** Stock most active in over eight months, with the trading
volume at 2.43 mln shares, as of 11:10 a.m. IST, 8.2x the 30-day
avg - Refinitiv data
    ** The relative strength index is 72, suggesting the stock
may be overbought


 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))