Update on Inox india Q1 whoever holding :
#Inox India
Q1 result is Released
#Q1 is looking better in terms of order win from various organisations
1️⃣
Order received from one of the Indian PSU for 10 Nos. LNG Fueling station
2️⃣
Further bulk order is received from emerging LNG
truck mfg. company for 990L LNG Fuel Tank
3️⃣
Received order for 86KL Liquid Hydrogen (LH2) Tank from India’s space agency for their facility
4️⃣
First order from USA’s leading refrigerant
company for DOT Cylinders
#Revenue at 302 cr &
#PAT at 51 cr
YoY seems muted
With 5% degrowth.
I'm still continuing to hold Because #Green Energy Sector theme , Business and promoter group is solid and well established so no worries for the long term despite the dip in the share price
After all in the long run such volatility always happens we should stick to fundamentals which are intake. 😊
Note : Order book is Highest ever at 1105 cr and additions of 310 cr in Q1
It's "Debt free" company and new plant at Savli started commencement.
It's just my view take your call accordingly and DYDD