Renewable power inventory poised for turnaround; take a look at goal ranges

Diwali Muhurat Buying and selling 2025: Zee Enterprise Managing Editor Anil Singhvi has picked Inox Wind Ltd (CMP: Rs 147) as his prime Diwali Muhurat Buying and selling 2025 funding concept. Singhvi suggests traders to purchase the inventory for a 1–2 yr horizon and accumulate extra on each 15 per cent decline.

Singhvi has set three targets — Rs 190, Rs 225, and Rs 275 — over the following two years. Inox Wind is an built-in wind power firm engaged in manufacturing wind turbine turbines and offering EPC (engineering, procurement, and development) options.

Merger and monetary turnaround

The latest merger with Inox Wind Vitality Ltd has had a constructive impression on the corporate’s financials. As of June 30, the corporate had an order e book of three.1 GW, reflecting sturdy execution visibility. The Central Electrical energy Regulatory Fee’s (CERC) newest round can also be anticipated to enhance undertaking execution effectivity.

Inox Wind efficiently accomplished a Rs 1,250 crore rights subject to cut back debt, strengthening its steadiness sheet. Brokerages imagine the corporate is well-positioned for a turnaround, particularly because it returned to revenue in FY25 after seven years.

After a robust Q1 efficiency, the corporate raised its FY26 EBITDA margin steering from 17–18 per cent to 18–19 per cent.

The inventory presently trades at 50x price-to-earnings, properly beneath its five-year common PE of 81x, indicating cheap valuations. Regardless of being down 20 per cent year-to-date, Singhvi believes Inox Wind gives a compelling alternative for long-term traders at present ranges.

Indian fairness benchmarks opened on a constructive observe throughout the particular one-hour Muhurat Buying and selling session on October 21, monitoring agency international cues and festive sentiment.

On the opening bell, the Sensex gained 267.08 factors, or 0.32 per cent, to 84,630.45, whereas the Nifty50 rose 80.90 factors, or 0.31 per cent, to 25,924.05. Broader market sentiment additionally remained upbeat, with 1,016 shares advancing, 284 declining, and 85 unchanged on the NSE.

Amongst key movers, Infosys, Tech Mahindra, Dr Reddy’s Laboratories, Tata Motors, and Adani Ports led the features, whereas ICICI Financial institution and Asian Paints have been seen underneath strain in early commerce.