Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Indowind Energy Limited ( (IN:INDOWIND) ) is now available.
Indowind Energy Limited successfully closed its rights issue of 3,22,00,434 equity shares, which was oversubscribed by 1.04 times. The funds raised, amounting to Rs. 49.43 Crores, will be used for developing a 4 MW solar power project in Karnataka, repaying loans from corporate promoters, and for general corporate purposes.
More about Indowind Energy Limited
Indowind Energy Limited is a company engaged in wind energy-based renewable power generation and distribution. Its core operations include the ownership, operation, and maintenance of windmills.
Average Trading Volume: 39,809
Technical Sentiment Signal: Hold
Current Market Cap: 2.55B INR
For detailed information about INDOWIND stock, go to TipRanks’ Stock Analysis page.