Meanwhile, the BSE Sensex was up 40.24 points, or 0.15%, to 26,338.93

On BSE, so far 9,838 shares were traded in the counter, compared with average daily volume of 86,419 shares in the past one quarter. The stock hit a high of Rs 188.75 and a low of Rs 183.50 so far during the day. The stock hit a 52-week high of Rs 378.40 on 23 December 2015. The stock hit a record low of Rs 161 on 6 September 2016. The stock underperformed the market over the past 30 days till 16 November 2016, sliding 18.68% compared with the Sensex's 6.25% fall. The scrip, however, outperformed the market in past one quarter, declining 1.94% as against the Sensex's 6.49% decline.

The mid-cap company has equity capital of Rs 221.92 crore. Face value per share is Rs 10.

Inox Wind said that the company has bagged a repeat order for a 40 MW wind power project to be deployed in Gujarat from Roha Dyechem. The project is scheduled to be commissioned by March 2017 and will be executed on turnkey basis. The order is a part of the 350 MW of orders announced by the company on 3 October 2016.

The order comprises of supply and installation of 20 units of Inox Wind's pioneering 113 meter rotor diameter turbine. The 113 meter rotor diameter turbines are part Inox's successful 2 MW platform and presently the company's most technologically advanced wind- turbine variant, the company said. As part of the turnkey order, Inox Wind will provide Roha Dyechem with end to end solutions from development and construction to commissioning and providing long term operations and maintenance services, it said.

Established in 1972, Roha Dyechem is one of the fastest growing manufacturers of natural and synthetic colours, specializing in the food & beverage, paints, fertilizers, cosmetics and pharmaceutical industries.

On a consolidated basis, net profit of Inox Wind declined 39.93% to Rs 56.42 crore on 21.33% decline in net sales to Rs 797.67 crore in Q2 September 2016 over Q2 September 2015.

Inox Wind is a fully integrated player in the wind energy market with three manufacturing plants at Gujarat, Himachal Pradesh and Madhya Pradesh.