India's Inox Wind Energy hits record high on stake sale

Inox Wind

09/08/2023 06:42

** Shares of Inox Wind Energy  INOX.NS  up as much as 7.72%
to a record high of 3042 rupees
    ** Wind energy co hits sharpest intraday pct gain since July
24, on track for second consecutive session of gains if trends
hold
    ** Co says it sold 14.6 mln shares of unit Inox Wind Ltd
aggregating to 3.05 bln rupees ($36.83 mln) via block deal
    ** About 17,667 shares traded as of 11:04 a.m. IST, vs 0.8x
the 30-day average 
    ** Stock has climbed more than 190% this year as of last
close

($1 = 82.8200 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))