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Inox Wind Energy raises ₹900 Crore, aiming to clear debt

The raised funds will be used to reduce Inox Wind's debt and increase its working capital, thereby strengthening its balance sheet.

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Stock Market Sectors: Stock market update: Power stocks down as market falls

The 30-share BSE Sensex was down 574.38 points at 74596.07

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Inox Wind Energy raises Rs 900 crore through stake sale to trim debt

It is a significant step towards completely deleveraging external debt in Inox Wind Ltd, according to a regulatory filing.

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Inox Wind shares dive 18% in 2 days; Nuvama initiates coverage on stock

Inox Wind share price: The scrip started tumbling after it was reported that Inox Wind's promoter entity Inox Wind Energy Ltd sold up to 5 per cent stake in the company through a block deal. The transaction was likely executed at a floor price of Rs 151 apiece.

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Stock Market Sectors: Stock market update: Power stocks down as market rises

The 30-share BSE Sensex was up 34.05 points at 75424.55

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