JM Financial initiates coverage on Inox India with a Buy, target price Rs 1,240 Jobbery Stock Market update

JM Financial recommends buying shares of Inox India, setting a target price of Rs 1240. Current price stands at Rs 998.8. With a market cap of Rs 9085.43 crore, Inox India saw a rise in total income and net profit for Q4 2024. Promoters and FIIs hold notable stakes in the company.