FIIs bought 70,913 shares & Promoters bought 14,674 shares: Debt-free solar company bags 2 orders from Cosmos Green Power Technologies & Sky Energy Developers

Jhaveri Credits and Capital Limited bagged two domestic orders for the supply of Hyper Sol Glass to Glass 595Wp solar modules with 1.4-meter cable length. The first order, from Cosmos Green Power Technologies, entails the one-time supply of 23,193 units. The second order, received on July 10, 2025, is from Sky Energy Developers for the one-time supply of 7,987 units. Both contracts are to be executed within six months from their respective order dates.

Jhaveri Credits & Capital Ltd has diversified into engineering services for solar, wind and hybrid renewable projects, encompassing design, procurement, consultation and maintenance. They also manufacture and trade solar panels, inverters, cables and various electrical and electronic components, alongside engaging in construction and developmental work.

The FIIs bought 70,913 shares and increased their stake to 4.40 per cent while promoters bought 14,674 shares and increased their stake to 53.19 per cent in March 2025 compared to December 2024. The company has a market cap of Rs 228.24 crore and as of March 2025, it is debt-free. The stock has given multibagger returns of 4,730 per cent in 3 years and a whopping 12,240 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.