Latest news with #INOXWind
Time of India
07-07-2025
- Business
- Time of India
Top stocks to buy: Stock recommendations for the week starting July 7, 2025
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting July 7, 2025) are INOX Wind, and Coforge. Let's take a look: Name CMP Target Upside INOX Wind 180 210 17% Coforge 1946 2200 13% INOX Wind INOX Wind Ltd (IWL), a leading integrated wind OEM in India, offers end-to-end solutions from turbine manufacturing to project execution & O&M. Backed by 2.5GW capacity & a robust 3.2GW order book, it is well-positioned to benefit from India's plan to double its wind capacity to 100GW by 2030. Wind Turbine Generators (WTG) ramp-up & O&M scale-up are underway, supported by a 1,500MW turnkey order & growing repeat business. Its subsidiaries IGESL (O&M, 5.1GW portfolio) & IRSL (EPC, now diversifying into solar/hybrid/crane services) enhance group synergies. Backed by policy tailwinds & a new 4MW turbine pipeline, we estimate 48% revenue & 38% EBITDA CAGR over FY25–28. Strong visibility, clean balance sheet, & execution momentum support a long-term structural growth story. Coforge We reiterate our BUY on Coforge, supported by a robust executable order book of USD 1.5b (+47% YoY) and strong traction in BFSI and transportation, both growing over 20% YoY in FY25. The company is on track to achieve its USD 2b revenue target by FY27, aided by organic growth, Cigniti-led cross-sell, and the landmark USD 1.6b Sabre deal. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo Cross-currency gains and broad-based client momentum across BFSI and Insurance (~48.5% of revenue) further enhance visibility. Margins are set to expand, with one-offs behind and tailwinds from delivery mix and lower ESOP costs; management is targeting 18% EBITDA margin by FY27. Margin improvement is already visible, with EBIT margin rising to 14% in 1QFY26. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Mint
17-06-2025
- Business
- Mint
INOX India share price recovers from today's low after receipt of orders worth ₹373 crore
Shares of INOX India rebounded from day's low to trade marginally higher following the announcement of multiple order wins worth ₹ 373 crore. The stock of the technology solutions firm also defied the weak sentiment in the Indian stock market today amid Middle East tensions and ahead of the US Federal Reserve outcome later this week. INOX India in an exchange filing today said that it has received orders worth ₹ 373 crore in the current fiscal 2025-26 (FY26) so far. These orders span across business segments of industrial gas, cryo-scientific solutions, LNG and Beverage Kegs. The order split includes ₹ 151 crore in the cryo-scientific solutions segment, ₹ 141 crore in the industrial gas segment, and ₹ 71 crore in the LNG segment. INOX Wind said that it has secured a 'major' contract from ITER for the repair of Cryostat Thermal Shield. A major order is worth ₹ 100-150 crore. Commenting on the orders received, Deepak Acharya, Chief Executive Officer, INOX India Limited, said, 'These orders reinforce our position as a trusted global partner for critical cryogenic solutions. Besides our growing presence across segments and markets, we are equally excited about the growing applications and use-cases for cryogenic solutions, especially in the clean energy space. The positive impact created by our solutions, inspires us to raise the bar of cryogenic excellence. We remain committed to delivering high-quality and innovative cryogenic equipment to customers worldwide.' Following the order win update, INOX India stock rebounded from day's low, rising to a high of ₹ 1219.95 apiece. As of 2.40 pm, INOX India share price was trading at ₹ 1186, up 0.29%. At the same time, the BSE Sensex was down 0.3% at 81,560 level. In the last one year, Inox Wind stock has lost nearly 12%< However, on a year-to-date and three-month basis, its stock performance has been encouraging, with the scrip gaining as much as 7% and 21%, respectively.
Mint
17-06-2025
- Business
- Mint
INOX India share price recovers from today's low after receipt of orders worth ₹373 crore
Shares of INOX India rebounded from day's low to trade marginally higher following the announcement of multiple order wins worth ₹ 373 crore. The stock of the technology solutions firm also defied the weak sentiment in the Indian stock market today amid Middle East tensions and ahead of the US Federal Reserve outcome later this week. INOX India in an exchange filing today said that it has received orders worth ₹ 373 crore in the current fiscal 2025-26 (FY26) so far. These orders span across business segments of industrial gas, cryo-scientific solutions, LNG and Beverage Kegs. The order split includes ₹ 151 crore in the cryo-scientific solutions segment, ₹ 141 crore in the industrial gas segment, and ₹ 71 crore in the LNG segment. INOX Wind said that it has secured a 'major' contract from ITER for the repair of Cryostat Thermal Shield. A major order is worth ₹ 100-150 crore. Commenting on the orders received, Deepak Acharya, Chief Executive Officer, INOX India Limited, said, 'These orders reinforce our position as a trusted global partner for critical cryogenic solutions. Besides our growing presence across segments and markets, we are equally excited about the growing applications and use-cases for cryogenic solutions, especially in the clean energy space. The positive impact created by our solutions, inspires us to raise the bar of cryogenic excellence. We remain committed to delivering high-quality and innovative cryogenic equipment to customers worldwide.' Following the order win update, INOX India stock rebounded from day's low, rising to a high of ₹ 1219.95 apiece. As of 2.40 pm, INOX India share price was trading at ₹ 1186, up 0.29%. At the same time, the BSE Sensex was down 0.3% at 81,560 level. In the last one year, Inox Wind stock has lost nearly 12%< However, on a year-to-date and three-month basis, its stock performance has been encouraging, with the scrip gaining as much as 7% and 21%, respectively. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
