Inox Wind Limited
American Funds (Capital Group) decreased its stake in Inox Wind Limited from 4.41% to 3.98% by selling 74.07 lakh shares. The shares were valued at ₹57.87 Cr at a price of ₹78.12 apiece.
A vertically integrated wind energy solutions provider, Inox Wind manufactures wind turbine generators and delivers end-to-end turnkey solutions across India's renewable energy sector. The company serves independent power producers, utilities, public sector units, corporates, and retail investors. Operating as a fully integrated player, Inox Wind designs, manufactures, and deploys wind energy systems, positioning itself as a comprehensive renewable energy partner for diverse customer segments.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.