Mumbai, 15 December (Udaipur Kiran) — Shares of Inox Wind inched higher on Friday after the company announced that it has secured a 102.3 MW order from ABREL EPC, a subsidiary of Aditya Birla Renewables.

The stock was trading at Rs. 125.15 on the BSE, up 0.48% from the previous close of Rs. 124.55. It opened at Rs. 125.00 and touched an intraday high of Rs. 125.95. A total of 1,53,244 shares were traded so far. The scrip has a 52-week high of Rs. 198.19 and a 52-week low of Rs. 118.35.

In the past week, the stock touched a high of Rs. 130.35 and a low of Rs. 118.35. The company’s current market capitalisation stands at Rs. 21,637.54 crore. Promoters hold 44.18% in the company, while institutions and non-institutional investors hold 23.11% and 32.71% respectively.

The company said this is its first order from Aditya Birla Renewables. Under the agreement, Inox Wind will supply its 3.3 MW turbines for wind power projects being developed by ABREL EPC in Karnataka.

Inox Wind remains one of India’s leading wind energy solutions providers, catering to IPPs, utilities, PSUs and corporate investors.