Inox Wind shares have fallen over the past few months. Now, many investors are not sure whether they should buy the stock or avoid it. The stock has dropped 44% since June 2025, when it was around ₹192, and it recently hit a 52-week low of ₹103.80 on January 21, 2026.
In the last year, the stock has been down 27.69%, which has pushed it into the oversold zone on technical charts. Its RSI is at 28.8, which signals heavy selling. In the latest trading session, the stock was flat at around ₹106.90 but later ended 3.13% lower at ₹103.55. The company’s market value now stands at ₹18,414 crore. Only 1.31 lakh shares were traded, which shows that there were not many active buyers. The stock also continues to trade below important moving averages like 5-day, 10-day, 50-day, and 200-day, showing weak technical conditions.
Experts have different opinions on what could happen next. Some believe the stock may find support between ₹100 and ₹105 since it is now deeply oversold. However, they warn that this is not a good time to try “bottom fishing” (buying at low levels) unless the stock closes above ₹120, which would show signs of strength.
Other analysts say that Inox Wind is still in a strong downtrend, as the stock is making lower highs and lower lows. They believe the stock must rise above ₹125–₹130 and cross the falling 50 EMA before any real recovery can be expected. Until that happens, any rise in the stock may face selling pressure, and the overall trend remains negative.
Inox Wind Limited is one of India’s leading wind energy solutions companies, supplying to utilities, public sector units, independent power producers, and corporate clients. It is part of the US$12 billion INOXGFL Group, which has a legacy spanning over nine decades and operates primarily across the chemicals and renewable energy sectors.
Disclaimer: The information provided here is for general informational purposes only and should not be considered financial, investment, or trading advice. Stock prices and market data are subject to change without notice. Renewable Affairs does not guarantee the accuracy, completeness, or reliability of this information and assumes no responsibility for any investment decisions made based on it. Readers are advised to conduct their own research or consult a qualified financial advisor before making any buying or selling decisions.
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