Refile: BUZZ-India's Inox Wind rises on repeat order from Hero Future Energies

Inox Wind

19/04/2024 09:33

(Corrects spelling of 'day' in bullet 4)
    ** Shares of Inox Wind  INWN.NS  rise as much as 3.9% at
565.30 rupees
    ** The wind turbine generator maker says it has secured a
repeat order from Hero Future Energies for 210 MW of their 3 MW
wind turbine generators (WTGs)
    ** The WTGs will be supplied to Hero Future Energies from Q3
FY25 onwards and be installed in South India - Inox Wind 
    ** Stock has been trading above its 200-day simple moving
avg since last May, with volumes exceeding 933,000 shares, which
is 0.9 times the 30-day average
    ** INWN stock eyes fifth straight weekly gain, if trend
holds 
    ** Including session's gains, stock up 12.8% YTD

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))