INOXWIND.NS Stock Today: January 25 INOXGFL’s Rs17,000 cr Renewables Push
INOX Wind stock is on watch today after the INOXGFL Group signed MoUs worth Rs 17,000 crore across several states to boost solar projects and manufacturing. This build-out could lift group order flows and policy support for wind. As of 23 Jan close, the INOXWIND.NS price was Rs 106.89, down 15.70% YTD and 30.71% over one year. We break down what the new announcements mean, key levels, the technical setup, and how the fundamentals stack up for INOX Wind stock in India.
Rs 17,000 crore MoUs: what it means for growth
INOXGFL signed MoUs with Uttar Pradesh, Assam, and Kerala to invest Rs 17,000 crore in renewable projects and solar manufacturing, while talks with Telangana focus on wind and solar to power data centers. These signals support renewable energy India ambitions and could aid group pipeline visibility. See coverage in Times of India and NewsMeter.
While MoUs are not firm orders, they improve the backdrop for wind equipment, EPC, and O&M demand. If projects progress, INOX Wind stock could benefit via turbine and tower orders, service contracts, and better capacity utilization. Policy incentives and state support may also shorten project timelines, aiding execution and revenue conversion across the group’s wind value chain.
Price action and technical picture
INOX Wind stock closed at Rs 106.89 on 23 Jan, between the day low Rs 104.33 and high Rs 108.00. RSI sits at 39.20, reflecting weak momentum, while ADX at 25.26 signals a strong trend. Price trades below the lower Bollinger Band at 120.48, which can precede mean reversion but also confirms pressure. MACD histogram is mildly positive at 0.59, hinting at slowing downside.
Immediate support lies near Rs 104 and the 52-week low at Rs 103.12. Resistance appears around Rs 120 to Rs 125, near the middle Bollinger band at 124.82 and 50-DMA at 125.75. The 200-DMA near 151.57 is a higher hurdle. Average True Range is 3.79, suggesting wide intraday swings. Traders may size positions carefully around these zones.
Fundamentals and valuation check
Market cap stands near Rs 1.79 lakh crore. TTM EPS is 3.72 and PE is 27.84, with PB at 2.03 and EV/EBITDA at 17.96. The company shows a current ratio of 2.34 and debt-to-equity of 0.17, indicating balance sheet comfort. Net margin is 12.18% and ROE is 9.79%, reflecting improving profitability versus prior years for INOX Wind stock.
Working capital is healthy, but collections are a watchpoint. Days Sales Outstanding is 292.54 and the cash conversion cycle is 364.21 days, pointing to delayed cash inflows. Price-to-sales is 4.33, so sustained execution and faster collections matter. Investors should track order inflow quality, milestone billing, and customer mix to reduce receivables risk for INOX Wind stock.
What could move the stock next
Key triggers include the 6 Feb 2026 earnings and any commentary on order book, pricing, and collections. Progress updates on INOXGFL MoU projects, Telangana data center power plans, and solar manufacturing India timelines could reinforce sentiment. Sector auctions, grid availability, and state incentives may also drive visibility for INOX Wind stock over the next few quarters.
The stock carries a B grade with a HOLD view. Short-term traders may watch Rs 103 to Rs 125 for setups, using ATR to size risk. Medium-term investors can look for improving cash flows, order conversions, and margin stability. Clear progress on receivables and firm project wins would support a stronger case for INOX Wind stock.
Final Thoughts
The Rs 17,000 crore MoUs strengthen the clean-energy pipeline and highlight state-level support for renewable energy India build-out. For INOX Wind stock, the message is constructive but not yet a revenue lock-in. The technical picture shows pressure near 52-week lows, while valuation sits around 28x TTM earnings and 2.0x book. We would track three things: conversion of MoUs into firm wind orders, commentary on collections and cash cycle on 6 Feb, and any visibility on data center-linked demand in Telangana. A measured approach, tight risk control, and focus on execution metrics can help investors stay disciplined.
FAQs
Are the Rs 17,000 crore MoUs revenue for INOX Wind now?
No. MoUs signal intent and policy backing but are not firm orders. Revenue recognition begins only after contracts, LOAs, or purchase orders are signed, milestones are met, and deliveries or services are rendered. Investors should watch for order announcements and execution updates linked to those MoUs.
How could the Telangana data center plans affect INOX Wind stock?
If large data centers source power from wind or hybrid projects, it can create steady offtake and bankable contracts. That can support new projects and orders. However, benefits to INOX Wind will depend on winning bids, project timelines, and contract terms, not just on early-stage talks.
What do the technicals suggest right now?
Momentum is weak with RSI at 39.20 and the price below the lower Bollinger Band. Supports are near Rs 104 and Rs 103.12, while resistance sits around Rs 120 to Rs 125 and the 50-DMA. ATR of 3.79 indicates active swings, so traders should manage position size and stops.
Is the stock’s valuation reasonable for long-term investors?
At PE 27.84 and PB 2.03, valuation looks fair if growth, cash flow, and order conversion improve. The balance sheet is comfortable with debt-to-equity at 0.17. The key watchpoint is collections, with DSO at 292.54 days. Better cash generation would strengthen the long-term case.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
