INOXWIND - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | INOXWIND | Market Cap | 17,447 Cr. | Current Price | 101 ₹ | High / Low | 198 ₹ |
| Stock P/E | 26.9 | Book Value | 35.3 ₹ | Dividend Yield | 0.00 % | ROCE | 11.8 % |
| ROE | 10.2 % | Face Value | 10.0 ₹ | DMA 50 | 95.0 ₹ | DMA 200 | 120 ₹ |
| Chg in FII Hold | 0.44 % | Chg in DII Hold | 0.59 % | PAT Qtr | 126 Cr. | PAT Prev Qtr | 247 Cr. |
| RSI | 61.2 | MACD | 4.44 | Volume | 4,25,79,213 | Avg Vol 1Wk | 2,05,16,956 |
| Low price | 74.9 ₹ | High price | 198 ₹ | PEG Ratio | 0.53 | Debt to equity | 0.12 |
| 52w Index | 21.1 % | Qtr Profit Var | 96.0 % | EPS | 4.03 ₹ | Industry PE | 37.9 |
📊 Chart & Indicators
- Current price (₹101) is above DMA 50 (₹95) but below DMA 200 (₹120), showing short-term bullish momentum but long-term resistance.
- RSI at 61.2 indicates moderate strength, not yet overbought.
- MACD at 4.44 confirms positive momentum.
- Bollinger Bands: price moving toward upper band, suggesting continuation of short-term uptrend.
- Volume (4.25 Cr.) is significantly higher than average (2.05 Cr.), showing strong participation.
🎯 Entry & Exit Zones
- **Entry Zone:** ₹95 – ₹102 (near DMA 50 support).
- **Exit Zone:** ₹115 – ₹120 (resistance at DMA 200).
- **Stop-Loss:** Below ₹92 (recent support zone).
📈 Trend Status
- The stock is **trending upward short-term** with strong volume support.
- Long-term trend still faces resistance near ₹120.
- Consolidation possible if price fails to break above ₹120.
✅ Positive
- Strong volume breakout above DMA 50.
- PEG ratio at 0.53 indicates undervaluation relative to growth.
- EPS growth supported by quarterly profit variation of 96%.
- FII (+0.44%) and DII (+0.59%) holdings increased, showing institutional confidence.
⚠️ Limitation
- ROE (10.2%) and ROCE (11.8%) remain modest compared to industry leaders.
- PAT declined from ₹247 Cr. to ₹126 Cr. sequentially.
- Dividend yield is 0.00%, limiting income appeal.
- Price still below long-term DMA 200, showing resistance.
📉 Company Negative News
- Sequential decline in quarterly profits.
- High volatility with wide 52-week range (₹74.9 – ₹198).
📈 Company Positive News
- Strong institutional inflows (FII & DII).
- Significant improvement in quarterly profit variation (96%).
- Sectoral momentum in renewable energy supporting growth outlook.
🏭 Industry
- Industry PE at 37.9 vs INOXWIND’s 26.9, showing relative undervaluation.
- Renewable energy sector gaining traction with government incentives and global demand.
🔎 Conclusion
INOXWIND is showing **short-term bullish momentum** supported by strong volume and positive MACD. Entry near ₹95–₹102 offers favorable risk-reward with exit targets around ₹115–₹120. Long-term trend remains capped below DMA 200, so cautious accumulation with strict stop-loss discipline is advised.
Would you like me to also prepare a swing trade overlay comparing INOXWIND with peers in the renewable energy sector (like Suzlon, Adani Green) for benchmarking?