Inox Green Energy shares extend gains for the sixth day after 36% rally
In a significant development, Inox Green stock reached its all-time high levels, touching ₹149.5 yesterday (January 4, 2024). The surge in share prices is accompanied by an increase in trading activity, with the stock experiencing high volumes over the past two days.
Inox Green Energy shares continued their remarkable upward trajectory for the sixth consecutive day, surging by an additional 6% on January 4, 2024. The stock's impressive rally this week now stands at an astounding 36%, contributing to an overall surge of 215% in the past year.
In a significant development, Inox Green Energy stock reached its all-time high levels, touching ₹149.5 yesterday (January 4, 2024). The surge in share prices is accompanied by an increase in trading activity, with the stock experiencing high volumes over the past two days.
On Wednesday and Thursday, a total of 2 crore shares of Inox Green Energy were traded, doubling the average monthly volume of 1 crore shares. Furthermore, delivery volumes have also witnessed a notable increase during this period.
The market capitalization of Inox Green Energy Services currently stands at an impressive ₹3,964 crore, reflecting the market's growing confidence in the company's prospects.
This surge in market capitalization is indicative of the strong investor sentiment surrounding Inox Green's performance in the renewable energy sector.
Inox Green Energy Services, founded in 2012 and headquartered in Baroda, India, has established itself as a key player in the green energy space. The company's consistent growth and positive market response affirm its position as a leader in the renewable energy industry.
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(Edited by : Asmita Pant)
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