India's Inox Wind hits record high on deal with CESC

Inox Wind

08/02/2024 05:01

** Shares of Inox Wind  INWN.NS  rise as much as 6.7% to a
record high of 578.8 rupees
    ** Wind turbine generator maker says it signed agreement
with CESC  CESC.NS  to install and supply 1,500 MW wind capacity
over the next 3-4 yrs
    ** Shares of CESC rise 1.8%
    ** INWN trading above its 200-day simple moving avg since
May
    ** Stock up 9.6% so far this week; on track for four
consecutive weekly gains, if trend holds


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))