JITF subsidiary signs INR 430 crore waste-to-energy project

Business Updates View source PDF Explain this filing

JITFINFRA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.5%Reaction day

₹350.00

prior close

₹365.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+5.0% vs market

Other Utilities peers, median of 12sector · industry level-1.0%+5.5% vs sector

On the reaction day the stock moved 5.0 pts more than Nifty Microcap 250 and 5.5 pts more than its Other Utilities peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.5-0.5+5.0-1.0+5.5

Next day

+8.3-1.7+9.9-2.9+11.2

+2.3-0.7+3.0-1.7+4.0

+1.1-0.2+1.3-1.9+3.1

-1.7-0.7-1.1-2.0+0.2

-0.3+0.3-0.6-2.0+1.7

-0.9+0.9-1.8-1.5+0.5

15d

-13.4+1.4-14.8-3.5-9.9

-11.9+0.3-12.2-8.1-3.8

-19.9-4.5-15.5-16.1-3.8

-23.2-7.4-15.8-21.6-1.6

UpDownMarket · Nifty Microcap 250Sector · Other Utilities peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Jindal Urban Waste Management (Kakinada), a JITF subsidiary, signed a concession agreement on 9 October 2025 to develop a 15 MW waste-to-energy plant in the Kakinada-Rajahmundry cluster of Andhra Pradesh. The project is valued at INR 430 crore.

Likely market impact

The agreement adds a major infrastructure project for JITF, but funding, revenue and execution details were not provided.