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Last Updated : Apr 09, 2015 01:58 PM IST | Source: CNBC-TV18

Look at Inox Wind: Dharmesh Mehta

Dharmesh Mehta, MD & CEO at Axis Capital is of the view that one may look at Inox Wind.

Dharmesh Mehta, MD & CEO at Axis Capital told CNBC-TV18, "Whenever we do an initial public offering (IPO), we always keep 20-30 percent kind of an upside for investors especially retail investors, which has been delivered today in Inox Wind. Obviously at this price even now this looks a long-term story especially the tailwind behind the sector and the company which is well positioned to take advantage of this kind of growth, which was expected especially with the push by the Indian government to the sector."

At 13:41 hrs Inox Wind was quoting at Rs 433, up Rs 108, or 33.23 percent. It has touched a 52-week high of Rs 447.80.

First Published on Apr 9, 2015 01:46 pm
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