Stocks of Inox wind ltd have plummeted over the last nine months, dropping by approximately 44 percentage points since approximately 192 in June 2025 to approximately 103.80 and this is a steep fall of the stock which used to be popular in renewable energy stocks. The decline has taken the stock down to a technically oversold area on trading chart
Broader Annual Decline and Market Indicators: Various categories of market indicators involve more substantial annual losses.Broader Annual Decline and Market Indicators: There are a number of different types of market indicators that are associated with greater annual losses.
The 12-month performance of the stock has been at a rate of about -27.7, with the momentum indicators such as the RSI at about 28.8 indicating that the stock was heavily sold. The share is trading at present, below all the key moving averages, both short term (5-day) and long term (200-day), indicating the continued presence of bearish sentiment by traders.
Market Capitalisation and Trading Activity Overview
Market Cap and Trading Activity: This metric reveals how actively a company is traded in the market. Market Cap and Trading Activity: This metric indicates the level of the trade of a given company in the market.
The market capitalisation of Inox Wind at current levels stands at approximately 18,414 crore and the daily turnover is small at approximately 1.31 lakh shares worth 1.39 crore. During the trading session mentioned, the stock reduced by a percentage of -3.13 to close at 103.55 in the previous trading session following an opening of around 106.90.
Technical Views: Support and Resistance.
Analysts have estimated the near-term support at 103 and resistance at 115-120. Any prolonged break over 120 on large volumes might be a sign of the improving price movement but the overall suggestion is to be cautious with traders advised not to become overambitious on the bottom fishing until the trend is confirmed.
Bearish Trend vs. Strategic Partnership
Technical analysts state that the stock is in a well-formed down trend, and has lower lows and lower highs. The overall trend would be negative before the share price regains levels around the areas of approximately ₹125130 and stays above important moving averages.
The firm has however in recent years engaged in strategic efforts such as a memorandum of understanding (MoU) with KP Energy to jointly develop 2.5 GW of wind and wind-solar hybrid projects in India – a move that may help the firm increase long term order backlog and business opportunities even though prices are weak in the short term.
Analyst Take: Bottom Fishing or Caution?
Technical analysts fear that oversold indications are not sufficient to result into a vigorous recovery of the stock. Unless Inox Wind 2 exceeds 120 with volume support, or crosses key level zones, bottom fishing, that is, buying based on low values alone, can still be unsafe to traders who want to make a quick profit.
