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.
Central Bank’s OFS draws 1.28x subscription
The government’s offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall