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Inox Wind Gets 'Buy' Rating As Motilal Oswal Initiates Coverage

Motilal Oswal initiates coverage on Inox Wind with a Buy rating and a target price of Rs 210/share, implying 21% upside.

<div class="paragraphs"><p>As of FY25-end, Inox Wind holds a robust order book of ~3.2GW, offering strong revenue visibility for at least two years. (Representative image. Photo source: Envato)</p></div>
As of FY25-end, Inox Wind holds a robust order book of ~3.2GW, offering strong revenue visibility for at least two years. (Representative image. Photo source: Envato)
Inox Wind is well-positioned to capitalize on India’s ambitious target of expanding its installed wind capacity from 50GW at the end of FY25 to 100GW by 2030, supported by the projected increase in annual installations (6GW in FY26, 7- 8GW in FY27, and 9GW from FY28 onwards, according to Suzlon Energy Limited.
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