NSE: INOXWIND · 2 November 2026
- Inox Wind Limited shares surged 8.30% during Monday's trading session, closing at 59.78 compared to the previous close of 55.20. The stock moved within a wide intraday range, touching a low of 55.71 before climbing to a high of 62.96.
- Inox Wind clarified that its previously announced 100 MW turnkey order was received from Terra Clean Limited, a wholly-owned subsidiary of Indian Oil Corporation Limited, rather than directly from IOCL. The contract encompasses comprehensive project execution, wind turbine generator supply, and 10 years of operations and maintenance services.
- Trading volume was 4.36 times the 20-day average daily volume.
Why is Inox Wind share price rising on 2 November 2026?
Inox Wind Limited shares surged 8.30% during Monday's trading session, closing at 59.78 compared to the previous close of 55.20. The stock moved within a wide intraday range, touching a low of 55.71 before climbing to a high of 62.96.
The broader market context reflected positive sentiment as the Nifty benchmark rose 1.68% on the day. Inox Wind outperformed the broader market index during the session, rebounding sharply from recent declines despite having posted negative returns of 6.73% and 6.44% across the prior two trading sessions respectively, and a 20-day return decline of 13.05%.
While no new corporate announcements or earnings updates were released by the company on the trading day, recent fundamental developments provide ongoing operational context. These include a major 100 MW turnkey wind energy order secured from Terra Clean Limited (a wholly-owned subsidiary of Indian Oil Corporation Limited) valued at approximately 755 crores, featuring an execution scope encompassing turbine supply, engineering, procurement, construction, and 10 years of post-commissioning operations and maintenance services.
4.78 crore shares traded by 2 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 1.10 crore shares (4.36 times). The five-day average daily volume was 82.17 lakh shares. Separately, the NSE report for 2 November 2026 showed 51.97 lakh shares delivered, representing 10.86% of that day’s traded volume. The same report recorded 91,010 trades.
The sharp 8.30% rally appears to reflect a strong technical rebound following consecutive sessions of negative returns (-6.73% prior session, -6.44% two sessions prior, and -13.05% over 20 days), backed by heavy trading volumes exceeding 4 times the 20-day average without a same-day fundamental catalyst.
Latest Company Developments
Inox Wind clarified that its previously announced 100 MW turnkey order was received from Terra Clean Limited, a wholly-owned subsidiary of Indian Oil Corporation Limited, rather than directly from IOCL. The contract encompasses comprehensive project execution, wind turbine generator supply, and 10 years of operations and maintenance services.
Clarifying the counterparty structure ensures transparency regarding large institutional project execution and revenue visibility.
The company submitted the combined scrutinizer's report and voting results for its 17th Annual General Meeting held on September 25, 2026. Key items approved by shareholders included the adoption of standalone and consolidated financial statements for the financial year ended March 31, 2026, and the re-appointment of directors and auditors.
Formal adoption of annual financials and governance resolutions ensures regulatory compliance and continuity of management oversight.
Inox Wind Limited has submitted the Exchange a copy Srutinizers report of undefined held on September 25, 2026. Further, the company has informed the Exchange regarding voting results.
a press release dated September 03, 2026, titled "Press Release- Inox Wind secures repeat turnkey order from Indian Oil Corporation Limited."".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 9.06% on 30 September 2026. This compares with 9.08% on 30 June 2026, a change of -0.02 percentage points.
The filing reported 32 MF/UTI holders.
What to Watch Next
- Execution progress and timeline updates on the 100 MW turnkey order from Terra Clean / Indian Oil Corporation subsidiary
- Sustained delivery percentage (10.86% recorded today) against 20-day average volume levels
- Price action relative to the 52-week high of 158.50 and intraday swing levels
- Upcoming quarterly financial disclosures and monitoring of order book execution across manufacturing facilities
Other Dated Coverage
- Inox Wind Share Price Today: Why INOXWIND Is Falling 5.12% | 23 October 2026 — 23 October 2026
- Inox Wind Share Price Today: Why INOXWIND Is Falling 4.05% | 19 October 2026 — 19 October 2026
- Inox Wind Share Price Today: Why INOXWIND Is Falling 3.28% | 8 October 2026 — 8 October 2026
More Inox Wind news and dated analysis →
Frequently Asked Questions
What is the latest Inox Wind company news?
Inox Wind clarified that its previously announced 100 MW turnkey order was received from Terra Clean Limited, a wholly-owned subsidiary of Indian Oil Corporation Limited, rather than directly from IOCL. The contract encompasses comprehensive project execution, wind turbine generator supply, and 10 years of operations and maintenance services.
How strong was Inox Wind’s trading volume?
4.78 crore shares traded, 4.36 times the 20-day average daily volume. The price and volume data are dated 2 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.