Shares of ​Inox Wind was a rare stock that rose

Inox Wind Ltd., a maker of wind turbines, was a rare stock that rose amid the market wide carnage on Tuesday after the company announced a big order win to the tune of 100 mega watts.

Inox Wind said it had won a contracts from Ostro Energy to supply and erect 50 units of its 2 MW wind turbine generators in the state of Madhya Pradesh.

As a consequence, Inox Wind gained 6.6 rupees, or 1.8 percent, to 372.50 rupees on the National Stock Exchange, where 2.86 lakh shares were traded compared with 1.92 lakh shares.

Inox Wind trades at 4 times its book value of 94 rupees. It enjoys a market capitalisation of 8,300 crore rupees.

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