Inox Wind - Well-Positioned To Benefit From Tailwinds In The Wind Sector; Axis Securities Initiates With A Buy

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Axis Securities Report.We initiate coverage of Inox Wind Ltd. with a Buy recommendation and a target price of Rs 185/Share, implying an upside potential of 33% from the current market price. Inox Wind is a fully integrated wind energy solutions provider. The company is engaged in the business of manufacturing and selling wind turbine generators. It also provides erection, procurement, and commissioning, operations and maintenance, and common infrastructure facilities services for WTGs and wind farm development services..Post the promoter infusion, Inox Wind has reduced its interest-bearing debt to nil. The company is wellpositioned to capture the market share of the growing wind sector in India thanks to its strengthened balance sheet, robust order book of 2.7 GW across a well-diversified customer base, and a leaner O&M arm (Inox Green Energy Services Ltd. with robust margins of 45%+). India plans to add around 75 GW of wind power capacity by FY32 over the current base of 46 GW. With the transition from 2 MW to 3-3.3 MW and the development of the 4.X MW WTG platform, it is also technologically ready for the next decade..Click on the attachment to read the full report:.Godawari Power - Ticking All The Right Boxes; Yes Securities Initiates Coverage With A Buy.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Inox Wind - Well-Positioned To Benefit From Tailwinds In The Wind Sector; Axis Securities Initiates With A Buy

Sets target price of Rs 185/Share, implying an upside potential of 33% from the current market price.

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Inox Wind - Well-Positioned To Benefit From Tailwinds In The Wind Sector; Axis Securities Initiates With A Buy

Sets target price of Rs 185/Share, implying an upside potential of 33% from the current market price.

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