Inox Wind shares have surged following positive Q1 results and an upgraded credit rating. The company anticipates faster project execution and has increased its margin guidance for FY24. A strong order book and operational enhancements, including new manufacturing units and high-capacity cranes, support this optimistic outlook. Regulatory changes favoring hybrid energy projects further boost Inox Wind’s prospects.
ONGC picks BP as tech partner for Western Offshore fields
BP already has a similar arrangement for ONGC’s flagship Mumbai High fields, but the latest move significantly expands its role, making it responsible for helping