Inox Wind share price target: ICICI Securities has maintained its 'Buy' on Inox Wind with a revised target price of Rs 720 per share, valuing the stock at 30 times FY26 earnings per share.
"We would like to inform you that a meeting of the board of directors of the company is scheduled to be held on Thursday, 25th April, 2024, inter-alia, to consider and approve the proposal for issuance of Bonus Equity Shares to the shareholders of the company," Inox Wind said in an exchange filing.
Tejas Networks shares soared 20 per cent to hit a high of Rs 1,086.90 on BSE. Tejas Networks turned profitable in Q4. Hatsun Agro Product gained as the company reported 108.76 per cent YoY rise in profit at Rs 52.16 crore in Q4.
Suzlon Energy shares were trading 0.50 per cent lower at Rs 42.01. Inox Wind shares rose 1.35 per cent to Rs 548.35. Anand Rathi has a target of Rs 49 on Suzlon Energy. It suggested a target price of Rs 590 on Inox Wind.
Suzlon Energy target price: Anand Rathi has a target price of Rs 590 on Inox Wind. Fully integrated in wind energy, Inox Wind is set to benefit from the upturn in the sector, Anand Rathi said.