Inox Green Energy shares jump 5% after signing agreement for 182 MW wind projects

Inox Green Energy shares surged nearly 5% to Rs 163 in Tuesday’s intraday trade on the BSE after the company signed an agreement with one of India’s largest conglomerates for the comprehensive operations and maintenance (O&M) of 182 MW of operational wind projects under its renewable energy arm.

The projects, located across multiple sites in Western India, are connected to Inox Green’s common infrastructure. The deal covers the conversion of limited-scope to comprehensive O&M for 82 MW of wind projects, along with the early renewal of comprehensive O&M for another 100 MW. The contract will span the entire remaining life of the project.

"We are excited to announce the signing of the comprehensive O&M agreements for 182 MW with the renewable arm of one of the largest conglomerates in India. This is a milestone occasion for us as with the signing of the agreement, our entire fleet with this marquee customer is now back in our fold," said SK Mathu Sudhana, CEO of Inox Green.


"This showcases the changing dynamics in the wind O&M industry and the reaffirmation of the trust which our customers are showing on our renewed capabilities,” he added.

A meeting of the board of directors of Inox Green is scheduled on August 14, 2025, to consider, approve, and record the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025.

Inox Green Energy technical indicators

The stock’s Relative Strength Index (RSI) stands at 43 (below 30 indicates oversold, above 70 overbought). The MACD is at 0.9, below both its signal and centre lines, signalling a bearish trend.

Inox Green shares are currently trading above their 5-day, 10-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs).

Inox Green Energy shares performance

Year-to-date, the stock is down 7%, but it has gained 23% over the past six months. The company’s market capitalisation stands at Rs 5,997 crore.

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