Shares of the company gained more than 25 per cent in the last six months.

The company has an order book of 2.7 GW, providing healthy revenue visibility of over Rs 18,000 crore over the medium term. Commercial production of the 3.3-MW turbines from the second half of fiscal 2024 has led to improved profitability.

The stock gave multibagger returns of 400 per cent in just 1 year and a whopping 900 per cent in 5 years.

Inox Wind's 3 MW turbine, developed in partnership with AMSC, features a 100 m tubular tower and a 145 m rotor diameter, providing a sustainable advantage in the Indian wind turbine market due to its compact design and lower production, logistics, and installation costs.

On Thursday, shares of Inox Wind Ltd zoomed 4.51 per cent to Rs 149.40 per share with an intraday high of Rs 151 and an intraday low of Rs 1142.90.  The shares of the company saw a spurt in volume by more than 2.19 times on BSE.

The shares of the company saw a spurt in volume by more than 1.43 times on BSE. 

The government has allocated Rs 20,000 crore towards building hydrogen economy in India

The stock of Inox Wind is trading close to its 52-week high and it is above all the short and long-term moving averages.

BSE Smallcap index underperformed broader markets, closing the session with gains of mere 0.36 per cent.