Inox Wind shares zoom over 10%, co to turn debt free after Rs 900 crore infusion

Inox Wind shares rose 10.5% to Rs 157.25 on BSE after a Rs 900 crore infusion from its promoter on May 28, 2024, involving marquee investors. Now net debt-free with 284% share growth in a year. CEO Kailash Tarachandani envisions reduced interest expenses, strong order book, and a 2.5 GW capacity from four plants, subsidiary Inox Green Energy.