Inox Wind secures 100 MW wind turbine order from new customer

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On the reaction day the stock moved 0.8 pts less than Nifty Smallcap 250 and 0.6 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Inox Wind secured a 100 MW equipment supply order from a leading green energy transition platform for projects in Gujarat. The deal includes supply of 3.3 MW turbines, limited scope EPC, and multi-year post-commissioning O&M work. CEO Sanjeev Agarwal said the order is from a new customer and takes FY26 order inflow to about 400 MW, alongside recent 229 MW wins.

Likely market impact

New customer win lifts FY26 orderbook to about 400 MW, supporting execution guidance for the next 18 to 24 months and adding revenue visibility.