Mumbai, 3 September (Kiran News): Shares of Inox Green Energy Services gained over 1.6% on Tuesday following the company’s announcement of new agreements to provide operations and maintenance (O&M) services for 189.1 MWp of operational solar projects. The stock was trading at Rs 153.65 on the BSE, up by Rs 2.45 from the previous close.
The scrip opened at Rs 150.30 and touched a high of Rs 154.20 and a low of Rs 150.30 during the session. Over the past year, the stock has recorded a high of Rs 224.65 (13 September 2024) and a low of Rs 95.65 (7 April 2025). The current market capitalisation stands at Rs 5,597.01 crore.
Promoters hold 55.97% of the company, while institutions and non-institutional investors hold 8.49% and 35.54% respectively.
Inox Green Energy Services has secured agreements with multiple customers, including a global PE-backed Independent Power Producer (IPP) for 96.6 MWp of projects in Maharashtra, and another IPP for 92.5 MWp of projects in Gujarat and Madhya Pradesh. With these contracts, the company’s solar O&M portfolio now stands at approximately 1.8 GW, bringing the total renewable O&M portfolio to around 5.3 GW.
Inox Green Energy Services is primarily engaged in providing long-term O&M services for wind and solar projects across India.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
