INOXWIND - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | INOXWIND | Market Cap | 16,569 Cr. | Current Price | 95.9 ₹ | High / Low | 198 ₹ |
| Stock P/E | 25.5 | Book Value | 35.3 ₹ | Dividend Yield | 0.00 % | ROCE | 11.8 % |
| ROE | 10.2 % | Face Value | 10.0 ₹ | DMA 50 | 96.5 ₹ | DMA 200 | 117 ₹ |
| Chg in FII Hold | 0.44 % | Chg in DII Hold | 0.59 % | PAT Qtr | 126 Cr. | PAT Prev Qtr | 247 Cr. |
| RSI | 48.2 | MACD | -0.03 | Volume | 1,74,49,029 | Avg Vol 1Wk | 1,03,15,814 |
| Low price | 74.9 ₹ | High price | 198 ₹ | PEG Ratio | 0.50 | Debt to equity | 0.12 |
| 52w Index | 17.0 % | Qtr Profit Var | 96.0 % | EPS | 4.03 ₹ | Industry PE | 36.6 |
📊 Chart & Trend Analysis:
INOXWIND is trading slightly below its 50 DMA (₹96.5) and well under the 200 DMA (₹117), showing medium-term weakness. RSI at 48.2 indicates neutral momentum, neither oversold nor overbought. MACD at -0.03 is flat, suggesting indecision. Bollinger Bands show price near the mid-to-lower range, with support around ₹74.9.
📈 Momentum Signals:
- Short-term momentum is weak but stabilizing, with volume (17.4M) higher than weekly average (10.3M), showing active participation.
- Support zone: ₹90 – ₹96.
- Resistance zone: ₹115 – ₹120.
- Sustained move above ₹120 could trigger reversal; failure to hold ₹90 may extend downside.
🔎 Trend Status:
Currently consolidating with mild bearish bias. Reversal possible if price breaks above 200 DMA with strong volume.
---
Positive
✔ PEG ratio at 0.50 indicates undervaluation relative to growth.
✔ Strong quarterly profit variation (+96%).
✔ Institutional confidence with FII (+0.44%) and DII (+0.59%) inflows.
Limitation
⚠ ROE (10.2%) and ROCE (11.8%) remain modest.
⚠ Sequential PAT decline (₹247 Cr → ₹126 Cr).
⚠ No dividend yield (0.00%).
⚠ Price still below long-term 200 DMA.
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.
📢 Sectoral momentum in renewable energy supporting growth outlook.
Industry
🌐 Industry PE at 36.6 vs INOXWIND’s 25.5, showing relative undervaluation.
🌐 Renewable energy sector gaining traction with government incentives.
Conclusion
INOXWIND is consolidating with weak momentum but strong sectoral support. Entry near ₹90–₹96 offers favorable risk-reward, with exit targets around ₹115–₹120. Long-term accumulation is viable given sector growth and undervaluation, but traders should maintain strict stop-loss discipline until price breaks above 200 DMA.
Would you like me to refine this into a swing trade outlook with medium-term layered targets, or extend it into a peer benchmarking overlay comparing INOXWIND against Suzlon and Adani Green?