CRISIL Ratings withdrew Inox Wind's long-term and short-term ratings at the company's request after placing them on 'Rating Watch with Developing Implications' following recent acquisitions
Stocks to buy today: Jatin Gedia of Teji Mandi Investment has recommended buying the shares of Nestle India, and Voltas.
In the March quarter, Inox Wind reported a 44.4 per cent fall in consolidated net profit year-on-year (Y-o-Y) to ₹105.68 crore, as compared to ₹190.34 crore
Nifty may remain rangebound in near-term; investors may prefer a calibrated strategy - staying invested while selectively booking profits in overheated stocks, says Ajit Mishra of Religare Broking.
Within the Nifty 500, 14 stocks, including AWL Agri, LTIMindtree, Wipro, CoForge and IRFC were trading with a RSI reading below 20; technically the oversold threshold for the RSI parameter is 30.
JM Financial has downgraded Inox Wind Ltd to 'Add' from 'Buy', while trimming its FY28 earnings per share (EPS) estimates