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# 676 Daily Money Show | Money Purse Stock Market News

44.3K views · Oct 31, 2023 · 20:37 min · Watch on YouTube ↗
Takeaway

Inox Wind's ₹1,150 cr EPC order, defense order book growth and rating upgrades on construction names highlight industrial earnings momentum.

Summary

  • Sensex +237 points to 63,874, Nifty +61 to 19,795; mid-cap small index positive.
  • Inox Wind: ₹1,150 cr order for engineering, procurement, and construction work in wind sector.
  • Rating agency upgrade positive for kitchen appliance manufacturer and Construction Industrial Development Corporation.
  • Revenue +11.7%, EBITDA +22.4%, PAT +17.7% YoY; export-focused stock with operating margin 29.5%.
  • Defense contract: ₹6,381 cr system integration and cable harness order delivered with 159% order book growth.
Inox Winddefenseratings
Original description
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