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Inox Wind shares in focus as promoters infuse Rs 500 crore for repayment of debt

Inox Wind said the strategic move marks a significant milestone in Inox Wind's journey towards financial sustainability. The funds were raised by way of equity share sale of Inox Wind by promoter through block deals on stock exchanges.

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dixon share price: Big Movers on D-Street: What should investors do with Hindalco, Dixon and Inox Wind?

Stocks that were in focus include names like Hindalco, which fell 2.12%, Dixon, which rose 3.6%, and Inox Wind, whose shares jumped 8.40% on Tuesday.

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inox wind share price: Inox Wind shares jump 7% on likely block deal

A clutch of foreign institutional investors (FIIs) along with Nippon Mutual Fund and others are reported to have bought the shares in the company via block deal, according to an ET NOW report. The block deal is expected to be worth Rs 500 crore with shares sold at a 5% discount over the Monday closing price.

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Inox Wind shares zoom 7% amid reports of likely block deal

Inox Wind shares rose 6.90% to Rs 224.35 against the previous close of Rs 209.85 on BSE. Market cap of the firm stood at Rs 7084.49 crore.

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itc share price: Breakout Stocks: How ITC, SJVN and Inox Wind are looking on chart for Tuesday s trade

Sector-wise, buying was seen in infra, public sector, and capital goods stocks and selling in FMCG, metals, oil & gas and banks.

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