Inox Wind Limited engages in the manufacture and sale of wind turbine generators and components for independent power producers, utilities, public sector undertakings, businesses, and private investors in India. It provides wind turbine generator components, including nacelles, hubs, rotor blade sets, and tubular towers. The company offers various services, such as wind resource assessment, site acquisition, infrastructure development, erection, procurement and commissioning, and long-term operations and maintenance services for wind power projects. Inox Wind Limited was incorporated in 2009 and is based in Noida, India.
Revenue projections:
Revenue projections for INOXWIND INOXWIND is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
currentRatio
1.64300
forwardPE
20.41153
debtToEquity
26.75600
earningsGrowth
2.96500
revenueGrowth
1.41600
grossMargins
0.36877
operatingMargins
0.16205
trailingEps
2.73000
forwardEps
14.45000
INOXWIND's current ratio is 1.643, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting INOXWIND has no trouble covering its short-term financial obligations. Inox Wind Limited's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities. INOXWIND's low Debt-to-Equity ratio signals the company is not over-leveraged, meaning it has a conservative approach to debt. This reduces financial risk and indicates a stable financial foundation, providing flexibility and security, which can appeal to investors seeking lower-risk investments. With earnings and revenue growth in positive territory, INOXWIND is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success. Inox Wind Limited's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in Inox Wind Limited's earnings potential, with forecasts indicating better financial performance than in the prior year.
Price projections:
Price projections for INOXWIND INOXWIND's current valuation relative to projections shows a lack of distinct risks or opportunities. This neutral stance may lead investors to take a more conservative approach, maintaining their current positions until new information becomes available.
Insider Transactions:
Insider Transactions for INOXWIND
Inox Wind Limited stock was sold in 1 transactions, with market price at 147.75.The period under consideration saw no sell transactions.The trend of more buys compared to sells around INOXWIND's current price levels may signal investor optimism. This behavior suggests that the market is expecting a favorable outcome for the stock, leading to increased buying activity.
Recommendation changes over time:
Recommendations trend for INOXWIND
Analysts are favoring INOXWIND with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider INOXWIND as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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