INOX INDIA one of the Best Fundamental Stock in 2024

INOX INDIA one of the Best Fundamental Stock in 2024

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Inox India Best Fundamental Stock, INOX INDIA supplies tanks for the storage and transportation of cryogenic liquids to healthcare, chemicals, fertilizers, aerospace, pharmaceuticals, construction, green hydrogen, energy, steel, and gas companies.

The first company in India to manufacture trailer-mounted hydrogen transport tanks was developed in conjunction with the Indian Space Research Organisation (“ISRO”). (Source: CRISIL Report,

Industrial Gases: The segment manufactures, supplies, and installs cryogenic tanks and systems for storage, transportation, and distribution of industrial gases such as green hydrogen, oxygen, nitrogen, argon, carbon dioxide (CO2), and hydrogen, and provides after-sales services.

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LNG: Standard and engineered LNG storage, distribution, and transportation equipment, as well as small-scale LNG infrastructure solutions for industrial, marine, and automotive applications, are produced, supplied, and installed by this division.

Cryo Logical: This division gives gear to innovation escalated applications and turnkey answers for logical and modern examination including cryogenic appropriation.

This company is almost a debt-free company. Its revenue is increasing quarterly basis. Its market capitalization is almost 12580 Cr. The company has 631 Cr. reserves as well. The current price of this stock is 1385.25.

 

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