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Inox India Share | Despite the outcry in the market, the stock boom

Inox India Share
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Inox India Share Price : Shares of INOX India rose 13% on Thursday, while the stock market slowed. During trading, the shares rose by Rs 100 to Rs 1, 044.70. Shares of the BSE small-cap company hit a 52-week high of Rs 1, 507.20. The shares fell to a low of Rs. 884.65 on February 19, 2025. This is a 52-week low for the stock.

That’s why stocks are rising. INOX India has recently received international certification for cryogenic fuel tanks. The company issued a statement on February 24 on becoming the first cryogenic equipment manufacturer to receive the prestigious IATF 16949 certification in India. This certification is issued by Bureau Veritas Certification for the design and production of insulated cryogenic fuel tanks. This certification recognizes the company’s quality management standards. The company’s performance has led to gains in stocks.

Inox India Share Price Today

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Inox India Share Quarterly results

INOX India has announced the results of the December quarter. The company’s revenue grew 14.8 per cent year-on-year to Rs 334 crore. EBITDA increased 3% YoY to Rs 69 crore. At the same time, EBITDA margin fell 220 basis points to 20.7 per cent. The company’s net profit rose 20% to Rs 58 crore. INOX India has a strong global presence. Exports account for 55% of the company’s total revenue. The company has established a strong global presence in more than 100 countries.

Inox India Many projects have been completed

INOX India has recently won big projects. The company management is optimistic to remain strong in FY25 and Q4 FY26. The surplus of orders as on December 31, 2024 was Rs 1,341 crore.

Also Read :- Tata Power Share | Near 52-week low, what did top brokerage say?

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