Shares of Indowind Energy Limited extended their stellar rally on April 23, 2025, climbing 5.67% to hit ₹22.91 in early trade on the NSE. This marks a cumulative gain of over 30% in just five trading sessions, making the renewable energy microcap one of the standout penny stocks of the week.
As of April 22, the stock had already soared 19.98% to close at ₹21.68. The upward momentum began on April 15 when the stock was priced at just ₹17.40. Since then, it has consistently gained ground with a positive close each day (barring a marginal dip on April 9), outperforming broader indices by a wide margin.
Indowind Energy is engaged in the development and management of wind farms and provides allied services in the renewable sector. The company generates green power through its own windmills and offers services such as Green Power Sale (GPS), Project Management Services (PMS), Asset Management Services (AMS), and Value Addition Services (VAS).
The stock’s rally is likely fueled by increased investor interest in renewable energy companies, bolstered by the government’s policy push and focus on sustainability. With a market cap of ₹2.95 crore and a P/E ratio of 43.85, Indowind remains a speculative yet closely watched player in the microcap green energy segment.
Share Price History (Last 5 Sessions):
| Date | Close (₹) | Change (%) |
|---|---|---|
| April 23 | 22.91 | +5.67% |
| April 22 | 21.68 | +19.98% |
| April 21 | 18.07 | +3.26% |
| April 17 | 17.50 | +0.06% |
| April 16 | 17.49 | +0.52% |
| April 15 | 17.40 | +2.72% |
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
