Indowind Energy is trading at RS 14.82 on the BSE, registering a gain of 0.17 points or 1.16% compared to its previous close of RS 14.65.

The stock opened at RS 14.65 and moved between a high of RS 16.32 and a low of RS 14.16 during the session. A total of 5,55,906 shares have been traded so far.

The BSE Group ‘B’ stock, with a face value of RS 10, touched its 52-week high of RS 27.69 on 03 January 2025 and a 52-week low of RS 13.50 on 18 December 2025. Over the past one week, the scrip recorded a high of RS 16.32 and a low of RS 13.50. The company’s current market capitalisation stands at RS 238.28 crore.

Promoters hold 47.16% stake in the company, while institutions hold 0.05% and non-institutional investors account for 52.79% of the shareholding.

On the business front, Indowind Energy has entered into an in-principle agreement to acquire an operational wind power project of approximately 5.1 MW. The proposed acquisition is expected to be completed at a consideration ranging between RS 200 million and RS 250 million, subject to statutory and regulatory approvals. The project, which is currently operational, is expected to add stable generating capacity to the company’s renewable energy portfolio, either through an asset purchase or a share purchase transaction.

As part of its long-term growth strategy, the company also plans to repower the acquired wind project and/or develop a hybrid solar project in the future, subject to feasibility studies and regulatory approvals. These initiatives aim to enhance generation efficiency, improve asset utilisation, and support sustained growth in revenue and profitability. The proposed acquisition aligns with Indowind Energy’s focus on capacity expansion, asset optimisation, and strengthening its renewable energy platform.

Indowind Energy operates as an Independent Power Producer (IPP) in the renewable energy sector, generating green power through dedicated wind farms and offering allied services in the wind energy space, with the objective of becoming a global player in the wind energy industry.