Wind energy companies have been making headlines with their stock performance, as investors have seen impressive returns over the past year. Inox Wind and Suzlon Energy are two key players in this sector, and both have shown significant growth. Let’s dive deeper into how these two companies are performing in the stock market and how they are benefiting investors.
Inox Wind: Investors’ Favorite with Over 400% Return
Inox Wind has become a star performer, rewarding investors with a massive return of over 400% in just the past year. If you had invested ₹1 lakh in Inox Wind shares a year ago, that investment would now be worth over ₹5 lakh.
Inox Wind’s share price was trading around ₹49 a year ago, and today it’s close to ₹250. The company has been consistently gaining momentum, reflecting strong market confidence in the wind energy sector.
Inox Wind’s recent performance also remains strong. As of today, its shares are up by 2.32%, trading at approximately ₹250. With a 52-week high of ₹254.25, it continues to climb steadily. This exceptional growth showcases the potential of wind energy stocks and their appeal to investors looking for long-term gains.
Suzlon Energy: A Strong Contender with a 231% Return
While Inox Wind has grabbed more attention with higher returns, Suzlon Energy is no small player. In the last year, Suzlon Energy has delivered a substantial 231% return. A year ago, Suzlon’s shares were trading around ₹24.75, and now they are priced at around ₹82. This means that if you had invested ₹1 lakh in Suzlon shares a year ago, your investment would now be worth ₹3.31 lakh.
Suzlon Energy’s performance today shows minor fluctuations. After opening at ₹82.20, its share price touched ₹82.98 before dropping slightly to ₹81.99 by around 10:30 AM. Despite the dip, Suzlon has had an impressive run, especially considering its consistent growth over the past year.
Performance in 2024: A Year of Growth
Both Inox Wind and Suzlon Energy have been outstanding performers this year, providing notable returns to their shareholders. Inox Wind has surged by more than 91% in 2024 alone, and Suzlon Energy has posted a solid return of over 112% so far.
For investors looking at the shorter-term trend, the past six months have been equally rewarding. Inox Wind has given a return of 115%, whereas Suzlon has matched its yearly performance with a 112% return.
One-Month Overview: Inox Wind Leads the Pack
In the last month, the gap between Inox Wind and Suzlon Energy has widened. Inox Wind’s share price has jumped by over 17%, a clear indicator that the stock continues to attract investor interest. Meanwhile, Suzlon Energy’s return in the same period stands at just 1.25%, making Inox the better performer in the short term.
Suzlon Energy’s 52-week high is ₹86.04, and its low is ₹24.50, showing that despite the lower monthly growth, it still has strong potential for future gains.
Key Highlights and Stock Comparison
- Inox Wind: ₹49 (one year ago) → ₹250 (now), over 400% return
- Suzlon Energy: ₹24.75 (one year ago) → ₹82 (now), 231% return
- Inox Wind’s Yearly Return: 91% in 2024
- Suzlon Energy’s Yearly Return: 112% in 2024
- Inox Wind’s One-Month Performance: 17% growth
- Suzlon Energy’s One-Month Performance: 1.25% growth
Why Wind Energy Stocks Are Surging
Both companies are active in the wind energy sector, which is seeing growing demand due to a global push toward clean and renewable energy sources. This increased focus on sustainability, combined with favorable government policies, is driving the stock prices of wind energy companies like Inox Wind and Suzlon Energy.
In particular, Inox Wind’s higher returns can be attributed to its strong business strategies and investor confidence, which have placed it ahead of its competitors.
What to Expect from Wind Energy Stocks
As the wind energy sector continues to grow, Inox Wind and Suzlon Energy are expected to remain key players in India’s clean energy landscape. Investors are watching closely to see if these companies can maintain their momentum in the coming months.
These stocks have proven themselves as valuable assets in the stock market, especially for those who have invested for the long term. While both have shown significant growth, Inox Wind has clearly outperformed Suzlon in terms of returns. However, Suzlon’s consistency and strong yearly growth make it a stock to watch for the future.
Investors in the renewable energy sector should keep an eye on both these companies, as they continue to shape the future of wind energy in India.
(Disclaimer: Stock investments are subject to risks. Always consult with a financial expert before making any investment decisions.)
