INDO WIND ENERGY
Issue Period : 21st August -24th August
Face Value - Rs 10
Price -Rs 55 -Rs 65
Min .Order -100 shares
Grade - Average
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Comments
Indowind Energy is a good company and following the same path of Suzlon Energy. One can apply for the stock, without worry or they can also buy on listing for long term.
The projects, which are coming up, have long gestation period but these are profitable businesses going forward. Those who miss the chance of buying into Suzlon Energy, they can also apply for the same.
The company is now carrying out an expansion of Rs 97.54 crore, mainly to set up 9 MW wind farm in Karnataka and to purchase second hand wind energy generators from banks.
Premium on Listing - 10-12 Rs
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