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INOXWIND Inox Wind News Story

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EnergySpeculativeMid CapSucker Stock

India's Inox Wind down on block deals

** Shares of Inox Wind  INWN.NS  fall as much as 7.2% to
207.6 rupees, their steepest intraday pct decline since Sept. 12
    ** Over 6.3 mln shares change hands in nine blocks as of
10:07 a.m. IST between 209.45 rupees and 215.4 rupees apiece, a
6.3% to 3.7% discount to Monday's close - LSEG data
    ** Volume traded in blocks accounts for 9.8% of co's free
float - exchange data
    ** Stock on track to snap three straight days of gain, if
trend holds
    ** Over 18.2 mln shares change hands as of 10:16 a.m. IST,
14.4X the 30-day moving average
    ** Stock last down 4.5%, taking YTD gain to 96.9%

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))

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