May 17, 2017 01:57 PM IST | Source:

Hold Inox Wind; target of Rs 171: KR Choksey

KR Choksey recommended hold rating on Inox Wind with a target price of Rs 171 in its research report dated May 16, 2017.

  • bselive
  • nselive
Todays L/H

KR Choksey's research report on Inox Wind

Inox winds ltd is one of India’s leading wind power solution providers. It manufactures wind turbine generators (WTGs) and provides turnkey solutions by supplying WTGs. IWL manufactures most of the key components of WTGs, like nacelles, hubs, rotor blade sets and towers, in-house. However, it sources gearboxes, electric control systems (ECS) and generators from some of the globally established players.


In terms of valuation, we have valued the company on FY19 basis by providing P/E multiple of 10x, we have arrived a target price of INR 171, an upside potential of 3%. We recommend ‘HOLD’ rating on the stock.

For all recommendations, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

Follow us on
Available On