Hot Pursuit
Jhaveri Credits & Capital Ltd. is currently trading at Rs 172.0, down 1.09%, while its value has fallen 0.20% over the last one week.
Jhaveri Credits and Capital Limited announced it has received a letter of award on September 3, 2026, from New & Renewable Energy Development Corporation of Andhra Pradesh Ltd. for the supply, installation, and commissioning of grid-connected rooftop solar power plants at various government institutions in Andhra Pradesh under a RESCO model. The contract, awarded by a domestic entity, is structured as a one-time order with an execution period of 90 days from the scheduled commissioning date, and consideration varies by rooftop solar plant size category: Rs 4.28 per unit for Category 1 (up to 10 kW), Rs 4.18 per unit for Category 2 (greater than 10 kW to less than or equal to 100 kW), Rs 4.10 per unit for Category 3 (greater than 100 kW to less than or equal to 500 kW), and Rs 3.98 per unit for Category 4 (above 500 kW). Neither the promoter group nor any group companies have an interest in the awarding entity, and the transaction does not constitute a related party transaction.
Trading volume reached 2034 shares today, a substantial increase of 1096.47% compared to the one-week average. Jhaveri Credits & Capital Ltd fell by 24.41% year-over-year, underperforming the 3.41% loss recorded by the NIFTY50 index.