The iShares Global Clean Energy UCITS ETF is an exchange-traded fund (ETF) that provides investors with exposure to a portfolio of global companies involved in the production of clean energy or in the development and provision of clean energy technology and equipment.
iShares Global Clean Energy UCITS ETF part of the iShares family of ETFs, managed by BlackRock.
Listed below are some of the stocks in which it has bought/sold a stake recently.
Inox Wind
Inox Wind Limited is a fully integrated player in the wind energy market engaged in providing end-to-end turnkey solutions, including manufacturing and sale of wind turbine generators (WTGs).
It also provides erection, procurement, and commissioning (EPC), operations and maintenance (O&M), and common infrastructure facilities services for WTGS and wind farm development services.
Price Action
With a market capitalization of Rs. 28,344 Crores, the shares of Inox Wind Limited were trading at Rs. 217 per equity share, down 2 percent from its previous day’s close price of Rs. 221.25.
What Happened
As per the latest data available on NSE Through the Bulk/Block deals, iShares Global Clean Energy UCITS ETF has acquired ~68.25 Lakh Equity shares of Inox Wind Limited at an average price of Rs. 222.30 per equity share.
Financials and Ratios
Its Revenue from operations grew by 83 percent from Rs. 349 Crores in Q1FY24 to Rs. 639 Crores in Q1FY25, accompanied by a loss of Rs. 65 Crores to a profit of Rs. 50 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of -1.52 percent, and a return on capital employed (ROCE) of 4.29 percent. It has maintained a debt-to-equity ratio of 1.91
Mtar Technologies
MTAR Technologies Limited is engaged in manufacturing mission-critical precision components, assemblies, sub-assemblies, and spare parts for energy, nuclear, space, aerospace, defence, and other engineering industries.
Price Action
With a market capitalization of Rs. 5,122 Crores, the shares of Mtar Technologies Limited were trading at Rs. 1,665.40 per equity share, down 1.5 percent from its previous day’s close price of Rs. 1,688.95.
What Happened
As per the latest data available on NSE Through the Bulk/Block deals, iShares Global Clean Energy UCITS ETF has sold ~2.54 Lakh Equity shares of Inox Wind Limited at an average price of Rs. 1681.39 per equity share and iShares Global Clean Energy ETF has sold 1.83 Lakh equity shares at an average price of Rs. 1,681.39.
Financials and Ratios
Its Revenue from operations declined by 17.41 percent from Rs. 152.56 Crores in Q1FY24 to Rs. 126 Crores in Q1FY25, accompanied by profits of Rs. 20.34 Crores to Rs. 4.43 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 8.3 percent, and a return on capital employed (ROCE) of 10.96 percent. It has maintained a debt-to-equity ratio of 0.28.
Written by: Bharath K.S
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