Inox Green Energy Services share price reached an intraday high of ₹182.89 before quoting ₹179.92, up 0.77% from the previous close of ₹178.54 at 9:50 AM on the NSE.
The company has seen a significant price movement, with over 25% change in the past month and a trailing P/E ratio exceeding 50 for the last four quarters, highlighting strong market interest, albeit at a premium valuation.
Total traded volume stood at 8.58 lakh shares, amounting to a traded value of ₹15.55 crore. The stock has gained 2.7% in the last three session.
On June 5, 2025, Inox Green Energy Services Ltd (IGESL) informed the exchanges that Devansh Trademart LLP, an entity within its Promoter Group, acquired 10,000 equity shares of the company via open market transactions.
This transaction has led to an increase in the Promoter/Promoter Group’s shareholding:
The disclosure follows an earlier update made by the company on June 4, highlighting an ongoing accumulation of shares by promoter entities.
A higher promoter stake also suggests better alignment between management interests and those of public shareholders. Greater promoter ownership often leads to longer-term strategic decision-making, as opposed to short-term market-driven actions.
Inox Green Energy is engaged in wind power operations and maintenance services, a sector gaining momentum amid India’s renewable energy goals. The company’s consistent focus on clean energy infrastructure positions it well for future expansion.
Read More: Top Green Hydrogen Stocks in June 2025: JSW Energy, Adani Energy Solutions & More- 5Y CAGR Basis.
The latest stake increase by the promoter group in Inox Green Energy Services Ltd reflects a vote of confidence in the company’s fundamentals and future potential. Investors may view this move as a reassuring signal during a time of dynamic market conditions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 6, 2025, 9:58 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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