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Inox Wind shares tank 7%, clock highest volume on BSE; here s why

Inox Wind Energy gains on block deal in subsidiary firm

Inox Wind Energy gains on block deal in subsidiary firm
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Hope of Rs 500-crore block deal propels Inox Wind to 52-week high

A block deal worth Rs 500 crore is expected to be executed by the promoter entity of Inox Wind to trim its stakeholding in the company. The offer price for the deal will be at a maximum discount of 5 percent.

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