Inox Wind shares surged 12% to Rs 188.45 after posting a multifold jump in Q3 net profit to Rs 112 crore. Revenue nearly doubled to Rs 994 crore. The company plans to expand operations, with Nuvama maintaining a ‘buy’ rating and a target price of Rs 223.
Negative Breakout: Suzlon Energy among 8 stocks that crossed below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on July 28, according to stockedge.com’s technical scan data.