Sunday, September 04, 2022

 Indowind Energy Ltd: Quarterly Result Update:


Indowind Energy Ltd (Rs.16.30) came up with excellent set of Q1FY23 numbers.

Net Sales came at Rs.6.96 crore in June 2022 up 92.46% from Rs.3.62 crore in June 2021.

Quarterly Net Profit came at Rs.1.53 crore in June 2022 up 122.25% from Rs.0.69 crore in June 2021.

EBITDA stood at Rs.4.43 crore in June 2022 up 41.08% from Rs.3.14 crore in June 2021.

Indowind Energy Ltd's EPS increased to Rs.0.17 in June 2022 quarter from Rs.0.08 in June 2021 quarter.

The stock of Indowind Energy Ltd (Rs.16.20) is likely to move towards Rs.19.60/21 in the short term. 

Upon breaking of Rs.22/23 ranges, we can see it touch Rs.31/37 by this Deepawali.

In the photo is seen Narendra Modi, the then Chief Minister of Gujarat, dedicate the 183rd Wind Turbine of Indowind to the Nation. Right: Mr.Bala KV Chairman of Indowind Energy Limited and President of Sourashtra Chambers of Commerce. Third from Right Mr. K.S.Ravindrnath Whole Time Director of the Company.

Stay Invested...👍👍

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