# Jain Resource Recycling (JAINREC) — Stock analysis > Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/jainrec ## Current market snapshot - Exchange: NSE - Country: India - Price: ₹287.2 - Change: +2.48% - As of: 2026-11-06 - 1D return: +2.48% - 5D return: +6.37% - 1M return: +2.19% - Latest complete quarter: fy27_q2 ## Faxioms Analysis _As of 2026-11-06_ ### Technical Outlook JAINREC (₹287.20) presents a conflicting technical picture as of November 6, 2026. The daily trend is weak and bearish, with the price trading below the Supertrend and key long-term moving averages (50-EMA, 200-SMA), despite sitting above shorter-term averages (20-EMA, 20-SMA). This structure places the stock in the upper-middle of its 20-day range (+69.4%) but near the lower end of its 252-day range (+6.9%). Momentum indicators are subdued, with a low ADX of 17.28 on the daily chart, suggesting a lack of strong directional conviction. Participation remains elevated but directionless; an extreme anomaly on November 3 saw volume spike to 3.78 times the average with no clear price follow-through. Risk metrics are significant, with annualized volatility at +51.3% and a current drawdown of -49.7%. While the monthly timeframe shows a bullish Supertrend and established trend (ADX 27.91), the weekly view is bearish across all major averages. Immediate resistance lies at ₹288.18 (0.34% above), while support is found at ₹284.22 (1.04% below). A break below ₹284.22 would invalidate the short-term consolidation, whereas a sustained move above ₹288.18 could signal renewed buying interest. - Trend Conflict: Daily structure is bearish (price below Supertrend and 200-SMA) with weak momentum (ADX 17.28), contrasting with a bullish monthly Supertrend. - Range Position: Trading at ₹287.20, the stock is in the upper-middle of its 20-day range (+69.4%) but near the bottom of its yearly range (+6.9%). - High Volatility & Drawdown: Annualized volatility stands at +51.3% with a current drawdown of -49.7%, indicating significant recent price swings. - Key Levels: Immediate resistance at ₹288.18 (0.34% above); immediate support at ₹284.22 (1.04% below). A close below ₹284.22 weakens the short-term setup. - Inside Bar - Bullish Engulfing Reversal - Outside Bar - Bearish Engulfing Reversal ### News Context Jain Resource Recycling Limited reported significant operational and financial developments for the quarter ended September 30, 2026. On November 5, 2026, its wholly owned subsidiary, Jain Green Technologies Private Limited, commenced commercial production of Copper Cathode at Unit III in Gummidipoondi, Tamil Nadu, with an initial capacity of 750 MT per month. This follows a Board-approved financial results filing on November 3, which disclosed a furnace explosion on July 14, 2026, causing ₹23.27 million in assessed losses to property, plant, and equipment and inventories. The company also reclassified Jain CY Circular Solutions Private Limited as a subsidiary effective July 1, 2026, and executed a loan conversion agreement on August 25, 2026, converting approximately ₹445 million into equity shares of subsidiary Jain Ikon Global Ventures FZC. Additionally, the Board corrected IPO fund allocation figures, revising General Corporate Purposes to ₹986.43 million and net proceeds to ₹4,736.43 million due to an inadvertent inclusion of Offer for Sale expenses. As of September 30, 2026, ₹36.64 million remained unutilized in the monitoring account. Market data as of November 6, 2026, shows the stock trading at ₹287.20, with daily technical indicators signaling a bearish trend despite a bullish monthly outlook. - Commercial Production Start: Jain Green Technologies commenced Copper Cathode operations at Unit III (Gummidipoondi) on November 5, 2026, with an initial capacity of 750 MT per month. - Operational Losses: A furnace explosion on July 14, 2026, resulted in ₹23.27 million in assessed losses (₹18.56 million PPE, ₹4.71 million inventories), with insurance claims pending. - Corporate Restructuring & Finance: Jain CY Circular Solutions was reclassified as a subsidiary effective July 1, 2026; a ₹445 million loan-to-equity conversion was executed for Jain Ikon Global Ventures FZC on August 25, 2026. - IPO Proceeds Correction: The Board revised General Corporate Purposes to ₹986.43 million and total net proceeds to ₹4,736.43 million, correcting an inadvertent inclusion of Offer for Sale expenses in the original prospectus. - Jain Resource Recycling Limited has informed the Exchange about Commencement of commercial production/operations |SUBJECT: Commencement of commercial production/operations - JAIN RESOURCE RECYCLING LIMITED has informed the Exchange about Commencement or postponement (Sub-para 1-Para B) |SUBJECT: Commencement or postponement (Sub-para 1-Para B) - Jain Resource Recycling Limited has informed the Exchange about Link of Audio Recording of earnings call on the unaudited financial results for the quarter and half year ended 30.09.2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates - Jain Resource Recycling Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting - Jain Resource Recycling Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32 |SUBJECT: Statement of deviation(s) or variation(s) under Reg. 32 ### What Changed Jain Resource Recycling (NSE: JAINREC) has materially advanced its operational footprint with the commencement of commercial production at a new facility. On November 5, 2026, Jain Green Technologies Private Limited, the company’s wholly owned subsidiary, began operations of its Copper Cathode production line at Unit III in Gummidipoondi, Tamil Nadu. This line carries an initial capacity of 750 MT per month. The company filed this development with the NSE on the same day, noting that prior intimation of the specific commencement date was not provided. Market reaction to this operational milestone is evident in the share price movement observed on November 6, 2026. The stock closed at ₹287.20, representing an increase from the previous close of ₹279.80. This price action coincides with the disclosure of the new production capability, signaling investor attention to the expansion of the company's copper cathode output. - Operational Milestone: Commercial production commenced on November 5, 2026, for the Copper Cathode line at Unit III, Gummidipoondi, with an initial capacity of 750 MT per month. - Price Movement: The stock rose to ₹287.20 on November 6, 2026, up from ₹279.80, following the announcement of the new production start. - Filing Status: The commencement was reported to the NSE on November 5, 2026, without prior intimation of the exact start date. - [Jain Resource Recycling Limited has informed the Exchange about Commencement of commercial production/operations |SUBJECT: Commencement of commercial production/operations](https://nsearchives.nseindia.com/corporate/JAINMETAL_05112026180857_NSEBSEPC-CopperCathode.pdf) - [JAIN RESOURCE RECYCLING LIMITED has informed the Exchange about Commencement or postponement (Sub-para 1-Para B) |SUBJECT: Commencement or postponement (Sub-para 1-Para B)](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_25795_WebXMLFile_20261105_181437708.xml) ### Official Filings Jain Resource Recycling Limited (JAINREC) reported strong financial growth for Q2 and H1 FY27, with consolidated revenue rising 58% year-on-year to approximately ₹3,337 crore in Q2. The company also announced the commencement of commercial operations at its Copper Cathode production line in Gummidipoondi on November 5, 2026, marking a key milestone in its expansion strategy. However, investors should note that the Board approved the unaudited financial results on November 3, 2026, but the intimation regarding the copper cathode commencement was filed two days later without prior notice. Additionally, the company disclosed an asset loss of ₹23.27 million from a furnace explosion in July 2026, with insurance claims still pending. - Q2 FY27 Consolidated Revenue: ₹3,337 crore (up 58% YoY); EBITDA: ₹139 crore; PAT: ₹91 crore. - H1 FY27 Consolidated Revenue: ₹6,061 crore (up 65% YoY); EBITDA: ₹248 crore; PAT: ₹160 crore. - Copper Cathode Operations: Commercial production commenced November 5, 2026, at Unit III, Gummidipoondi, with initial capacity of 750 MT/month. - Operational & Financial Adjustments: Furnace explosion loss of ₹23.27 million (₹18.56m PPE, ₹4.71m inventories) from July 14, 2026, remains under insurance claim; IPO proceeds allocation revised due to inadvertent inclusion of Offer for Sale expenses. - [Jain Resource Recycling Limited has informed the Exchange about Commencement of commercial production/operations |SUBJECT: Commencement of commercial production/operations](https://nsearchives.nseindia.com/corporate/JAINMETAL_05112026180857_NSEBSEPC-CopperCathode.pdf) - [JAIN RESOURCE RECYCLING LIMITED has informed the Exchange about Commencement or postponement (Sub-para 1-Para B) |SUBJECT: Commencement or postponement (Sub-para 1-Para B)](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_25795_WebXMLFile_20261105_181437708.xml) - [Jain Resource Recycling Limited has informed the Exchange about Link of Audio Recording of earnings call on the unaudited financial results for the quarter and half year ended 30.09.2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JAINMETAL_04112026161454_BSENSEAREC.pdf) - [Jain Resource Recycling Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026120820_NSEBSEOUT.pdf) - [Jain Resource Recycling Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32 |SUBJECT: Statement of deviation(s) or variation(s) under Reg. 32](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026182107_NSEBSESOD.pdf) - [Jain Resource Recycling Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026182927_NSEBSEIP.pdf) - [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752179_03112026074759_WEB.xml) - [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752178_03112026074753_WEB.xml) - [Jain Resource Recycling Limited has informed the Exchange about Schedule of Earnings call meet scheduled to be held on November 4, 2026 at 12: 30 pm (IST) |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JAINMETAL_30102026180024_NSEBSEEC.pdf) - [Jain Resource Recycling Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_25795_WebXMLFile_20261030_180454025.xml) ### Fundamentals Jain Resource Recycling (JAINREC) is executing a high-velocity growth phase, with sales surging 58% year-on-year to ₹3,337 crore in Q2 FY2026-27. This momentum is reflected in the trailing twelve-month (TTM) sales of ₹11,942 crore and a robust 3-year compounded sales growth of 46%. Profitability metrics are strong, with TTM net profit reaching ₹352 crore and Return on Equity at 30%, supported by a 3-year ROE of 37%. However, this rapid expansion has introduced significant earnings-quality concerns. Cash from Operating Activity turned deeply negative (-₹591 crore in FY2026), contrasting sharply with financing inflows of ₹716 crore, indicating that internal cash generation is not keeping pace with balance-sheet expansion. The Cash Conversion Cycle deteriorated to 66 days in Mar 2026 from 43 days a year prior, driven by Inventory Days rising to 62 days. Additionally, borrowings increased to ₹1,276 crore by Mar 2026, though they moderated to ₹1,116 crore by Sep 2026. While promoter holding remains stable at 73.59%, Foreign Institutional Investors (FIIs) reduced their stake significantly to 0.79% by Sep 2026. - Sales Growth: TTM sales reached ₹11,942 crore (+58% YoY in Q2 FY2026-27); 3-year CAGR stands at 46%. - Earnings Quality Divergence: CFO/EBITDA ratio dropped to -89% in FY2026; Operating Cash Flow was -₹591 crore despite ₹352 crore TTM Net Profit. - Liquidity & Leverage: Borrowings rose to ₹1,276 crore (Mar 2026) before falling to ₹1,116 crore (Sep 2026); Working Capital Days doubled to 38 days. - Investor Sentiment: FIIs sold down holdings to 0.79% (Sep 2026) from 6.42% (Sep 2025), while DIIs increased stakes to 9.54%. ### Bear Case Jain Resource Recycling (NSE) faces significant near-term headwinds, evidenced by a sharp deterioration in technical momentum and substantial price depreciation. As of 2026-11-06, the stock trades at ₹287.20, reflecting a year-to-date decline of -29.2% and a one-year return of -24.2%. The monthly trend shows a massive drawdown of -37.9%, with the current drawdown reaching -49.7% against a maximum historical drawdown of -52.8%. Technical indicators on daily and weekly timeframes are uniformly bearish; the Supertrend is bearish on both horizons, while the Average Directional Index (ADX) remains low (17.28 daily, 23.17 weekly), suggesting weak trend strength despite the downward direction. Moving averages show negative slopes (-1.69 for EMA-20 daily slope), indicating persistent selling pressure. High volatility persists, with annualized volatility at +51.3% and an ATR of 3.86%, implying continued price instability. Support levels are thin, with immediate support at ₹284.22 (1.04% below) and pivot support at ₹281.33. - Price performance is severely negative: YTD return is -29.2%, 1-year return is -24.2%, and the current drawdown stands at -49.7%. - Technical momentum is bearish across daily and weekly timeframes, with Supertrend signals pointing down and moving average slopes remaining negative. - Volatility remains elevated with annualized volatility at +51.3% and an ATR of 3.86%, signaling high risk of further price swings. - Immediate technical support is limited to ₹284.22 and ₹281.33, offering little buffer against further downside from the current close of ₹287.20. - [Jain Resource Recycling Limited has informed the Exchange about Commencement of commercial production/operations |SUBJECT: Commencement of commercial production/operations](https://nsearchives.nseindia.com/corporate/JAINMETAL_05112026180857_NSEBSEPC-CopperCathode.pdf) - [JAIN RESOURCE RECYCLING LIMITED has informed the Exchange about Commencement or postponement (Sub-para 1-Para B) |SUBJECT: Commencement or postponement (Sub-para 1-Para B)](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_25795_WebXMLFile_20261105_181437708.xml) - [Jain Resource Recycling Limited has informed the Exchange about Link of Audio Recording of earnings call on the unaudited financial results for the quarter and half year ended 30.09.2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JAINMETAL_04112026161454_BSENSEAREC.pdf) - [Jain Resource Recycling Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026120820_NSEBSEOUT.pdf) - [Jain Resource Recycling Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32 |SUBJECT: Statement of deviation(s) or variation(s) under Reg. 32](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026182107_NSEBSESOD.pdf) - [Jain Resource Recycling Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026182927_NSEBSEIP.pdf) - [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752179_03112026074759_WEB.xml) - [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752178_03112026074753_WEB.xml) - [Jain Resource Recycling Limited has informed the Exchange about Schedule of Earnings call meet scheduled to be held on November 4, 2026 at 12: 30 pm (IST) |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JAINMETAL_30102026180024_NSEBSEEC.pdf) - [Jain Resource Recycling Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_25795_WebXMLFile_20261030_180454025.xml) ### FAQs **What operational milestone did Jain Resource Recycling announce on November 5, 2026?** The company’s wholly owned subsidiary, Jain Green Technologies Private Limited, commenced commercial production of Copper Cathode at its Unit III facility in Gummidipoondi, Tamil Nadu. The new production line has an initial capacity of 750 metric tons per month. **How did the company report a recent incident at its manufacturing facility?** A furnace explosion occurred at the Gummudipoondi facility on July 14, 2026. The assessed loss was ₹23.27 million, comprising ₹18.56 million in Property, Plant, and Equipment (PPE) and ₹4.71 million in inventories. Insurance claims for these losses are currently pending. **What changes were made to the allocation of IPO proceeds?** Following a correction to the September 26, 2025 Public Issue prospectus, the Board revised General Corporate Purposes from ₹591.08 million to ₹986.43 million and Net Proceeds from ₹4,341.08 million to ₹4,736.43 million. As of September 30, 2026, ₹36.64 million remained unutilized and was subsequently moved to General Corporate Purposes. **What is the current technical trend for JAINREC shares?** As of November 6, 2026, the daily and weekly trends are bearish, with the stock trading at ₹287.20. The share has declined -29.2% year-to-date and -37.9% over the last six months. Immediate resistance is observed at ₹288.18, while support levels are noted at ₹284.22 and ₹281.33. - [Jain Resource Recycling Limited has informed the Exchange about Commencement of commercial production/operations |SUBJECT: Commencement of commercial production/operations](https://nsearchives.nseindia.com/corporate/JAINMETAL_05112026180857_NSEBSEPC-CopperCathode.pdf) - [JAIN RESOURCE RECYCLING LIMITED has informed the Exchange about Commencement or postponement (Sub-para 1-Para B) |SUBJECT: Commencement or postponement (Sub-para 1-Para B)](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_25795_WebXMLFile_20261105_181437708.xml) - [Jain Resource Recycling Limited has informed the Exchange about Link of Audio Recording of earnings call on the unaudited financial results for the quarter and half year ended 30.09.2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JAINMETAL_04112026161454_BSENSEAREC.pdf) - [Jain Resource Recycling Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026120820_NSEBSEOUT.pdf) - [Jain Resource Recycling Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32 |SUBJECT: Statement of deviation(s) or variation(s) under Reg. 32](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026182107_NSEBSESOD.pdf) - [Jain Resource Recycling Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026182927_NSEBSEIP.pdf) - [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752179_03112026074759_WEB.xml) - [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752178_03112026074753_WEB.xml) - [Jain Resource Recycling Limited has informed the Exchange about Schedule of Earnings call meet scheduled to be held on November 4, 2026 at 12: 30 pm (IST) |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/JAINMETAL_30102026180024_NSEBSEEC.pdf) - [Jain Resource Recycling Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_25795_WebXMLFile_20261030_180454025.xml) ## Technical analytics - As of: 2026-11-06 - Daily trend: Weak Uptrend - Weekly trend: Moderate Downtrend - Pivot point: ₹281.33 - Risk regime: Higher Price Risk ### Support levels - 277.7125 - 271.775 - 264.3 ### Resistance levels - 293.7 - 307.775 - 347.975 ### Return and range metrics | Metric | Value | | --- | --- | | return_1 | +2.48% | | return_10 | -0.69% | | return_1m | -1.02% | | return_1y | -24.23% | | return_20 | +2.19% | | return_3m | -8.93% | | return_5 | +6.37% | | return_6m | -37.87% | | return_since_start | -9.70% | | return_ytd | -29.16% | ### Risk and volatility metrics | Metric | Value | | --- | --- | | state | high_risk | | label | Higher price risk | | summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. | | maximum_drawdown | -52.76% | | annualized_volatility | +51.30% | ## Quarterly financials - Latest complete quarter: fy27_q2 # Jain Resource Recycling Limited Q2 FY2026-27: Revenue up 187% year on year Jain Resource Recycling’s Q2 FY2026-27 revenue from operations rose 187% year on year to ₹6,061 crore, while profit for the period increased 62% to ₹160 crore. Operating cash flow was positive at ₹130 crore, but investing inflows did not fully offset financing outflows, and cash and cash equivalents ended 30 September 2026 at ₹30 crore, down from ₹70 crore at 31 March 2026. ## Revenue and profitability Revenue from operations was ₹6,061 crore, compared with ₹2,114 crore in Q2 FY2025-26 and ₹2,724 crore in Q1 FY2026-27—up 187% year on year and 122% quarter on quarter. Profit before tax rose 62% year on year to ₹218 crore from ₹135 crore in Q2 FY2025-26, and increased 129% from ₹95 crore in Q1 FY2026-27. Profit for the period was ₹160 crore, against ₹99 crore in Q2 FY2025-26 and ₹69 crore in Q1 FY2026-27. This includes a ₹29 lakh loss from discontinued operations; profit from continuing operations was ₹162 crore. Basic and diluted EPS from continuing operations were both ₹4.66, versus ₹3.06 and ₹3.05, respectively, in Q2 FY2025-26 and ₹2.02 for each measure in Q1 FY2026-27. ## Costs and finance charges Total expenses were ₹5,863 crore, including material costs of ₹5,512 crore and employee benefit expense of ₹23 crore. Finance costs were ₹39.7 crore, up from ₹27.5 crore in Q2 FY2025-26 and ₹18.9 crore in Q1 FY2026-27. ## Exceptional items and tax Profit before exceptional items and tax was ₹220.5 crore. An exceptional charge of ₹2.3 crore brought profit before tax to ₹218.2 crore. Tax expense was ₹56.6 crore, comprising current tax of ₹87.6 crore and a deferred tax credit of ₹31.0 crore. ## Cash flow and liquidity Cash flow from operating activities was ₹129.6 crore. Working-capital movements included cash outflows of ₹229 crore from the increase in trade receivables and ₹323 crore from the increase in other current assets, partly offset by a ₹296 crore inflow from the increase in trade payables. Investing activities provided ₹75.4 crore, while financing activities used ₹245.0 crore. Including a ₹1.9 crore positive effect from exchange-rate changes, the net cash outflow was about ₹39.9 crore. Cash and cash equivalents were ₹29.8 crore at 30 September 2026, compared with ₹69.7 crore at 31 March 2026. ## Key Takeaway The quarter brought sharp year-on-year and sequential growth in revenue and profit. Positive operating cash flow was outweighed by financing cash use and working-capital demands, leaving cash and cash equivalents lower at the September quarter-end. ### Ratios ## Shareholding pattern - Quarter: FY2027-Q1 - As of: 2026-06-30 - Promoter holding: +73.59% - FII holding: +1.23% - DII holding: +9.68% - Mutual fund holding: +6.57% - Retail holding: +5.37% - Promoter pledged: +0.00% ### Major reported shareholders - Kamlesh Jain — +65.87% - Jain Family Trust (Trustee Mr. Kamlesh Jain) — +7.21% - MOTILAL OSWAL LONG TERM EQUITY FUND — +5.41% - SHANTHILAL JAIN — +4.54% - MAYANK PAREEK — +1.38% - BENGAL FINANCE AND INVESTMENT PRIVATE LIMITED — +1.05% - AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F — +1.03% - Jain Geetha — +0.51% ## Official filings - 2026-11-07 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_07112026161837_NSEBSEMA.pdf) - 2026-11-05 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_05112026180857_NSEBSEPC-CopperCathode.pdf) - 2026-11-05 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_25795_WebXMLFile_20261105_181437708.xml) - 2026-11-04 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_04112026161454_BSENSEAREC.pdf) - 2026-11-03 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026120820_NSEBSEOUT.pdf) - 2026-11-03 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026182107_NSEBSESOD.pdf) - 2026-11-03 — Earnings Presentation: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_03112026182927_NSEBSEIP.pdf) - 2026-11-03 — Financial Results Filing: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752179_03112026074759_WEB.xml) - 2026-11-03 — Financial Results Filing: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752178_03112026074753_WEB.xml) - 2026-10-30 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_30102026180024_NSEBSEEC.pdf) - 2026-10-30 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_25795_WebXMLFile_20261030_180454025.xml) - 2026-10-29 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_25795_WebXMLFile_20261029_123520615.xml) - 2026-10-20 — Shareholding Disclosure: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742175_20102026103819_WEB.xml) - 2026-10-17 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_17102026180627_ADVNSEBSE.pdf) - 2026-10-16 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_16102026102259_SEIntimationnsebse.pdf) - 2026-10-16 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_16102026175225_PBNoticeNSEBSE.pdf) - 2026-10-16 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_25795_WebXMLFile_20261016_175854845.xml) - 2026-10-16 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_25795_WebXMLFile_20261016_193312295.xml) - 2026-10-16 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_16102026193606_NSEBSECG.pdf) - 2026-10-15 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_15102026143925_SEIntimationnsebse.pdf) - 2026-10-15 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_15102026144149_SEIntimationnsebse.pdf) - 2026-10-07 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_07102026180735_NSEBSEIPOPB.pdf) - 2026-10-03 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_03102026150051_DPCertificateQ227.pdf) - 2026-09-28 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/JAINMETAL_28092026152009_CLNSEBSETW.pdf) - 2026-09-28 — Generic Announcement: Jain Resource Recycling Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_25795_WebXMLFile_20260928_153557124.xml) ## News and market events - 2026-10-19 — CNBC-TV18: **Rahul Arora turns cautiously optimistic on markets, sees buying opportunity in private banks** — Rahul Arora, CEO of Ashika Institutional Equities, expects private banks to post 15-20% growth over the next two years, while viewing the recent IT rally as a trading opportunity rather than a structural shift. — [Source](https://www.cnbctv18.com/market/rahul-arora-turns-cautiously-optimistic-markets-sees-private-banks-driving-next-rally-indian-equities-it-stocks-crude-oil-prices-geopolitical-tensions-icici-sbi-tilaknagar-orient-tata-consumer-bse-nse-20014720.htm) - 2026-09-22 — BUSINESS: **Volumes jump at RHI Magnesita India Ltd counter** — RHI Magnesita India Ltd witnessed volume of 107.33 lakh shares by 14:14 IST on NSE, a 58.43 times surge over two-week average daily volume of 1.84 lakh shares — [Source](https://www.business-standard.com/markets/capital-market-news/volumes-jump-at-rhi-magnesita-india-ltd-counter-126092200662_1.html) - 2026-09-08 — MONEYCONTROL: **Buy Jain Resource Recycling; target of Rs 350: ICICI Securities** — ICICI Securities, Jain Resource Recycling, buy, Recommendations — [Source](https://www.moneycontrol.com/news/business/stocks/buy-jain-resource-recycling-target-of-rs-350-icici-securities-14025093.html) - 2026-08-04 — CNBC-TV18: **Do you own any of these 8 stocks buzzing in trade today?** — Stock on the Nifty 500 rallied on strong quarterly numbers while others slipped despite largely resilient results. Here's a look at the top gainers and losers making waves at the open of today's session. — [Source](https://www.cnbctv18.com/photos/market/nifty-500-gainers-losers-ather-energy-kei-industries-cg-power-lic-upl-doms-shares-19961048.htm) - 2026-07-25 — Mint: **Ashish Kacholia raises stake in this multibagger stock after 200% rally. Do you own?** — Indo SMC manufactures electrical enclosures and components, reporting a 136% YoY revenue increase to ₹88.12 crore in Q1 FY27. Ashish Kacholia, a notable smallcap investor, raised his stake in the company from 2.46% to 3.03% despite its strong stock performance. — [Source](https://www.livemint.com/market/stock-market-news/ashish-kacholia-q1-portfolio-ashish-kacholia-raises-stake-in-multibagger-stock-indo-smc-share-price-after-200-rally-11784966114949.html) - 2026-07-18 — Economic Times: **Samir Arora-backed Helios Mid Cap Fund adds Groww, 4 other stocks; hikes stake Paytm** — Samir Arora-backed Helios Mid Cap Fund added Groww parent Billionbrains Garage Ventures and four other stocks to its June portfolio, while raising exposure to Paytm and 29 other companies. The fund exited five stocks, trimmed its stake in Black Box and retained holdings in 32 stocks unchanged. — [Source](https://economictimes.indiatimes.com/mf/analysis/helios-mid-cap-fund-adds-groww-and-4-others-increase-stake-in-paytm-and-29-others-in-june/articleshow/132474427.cms) - 2026-07-15 — The Hindu: **Sensex today | Stock Market Live: Sensex jumps nearly 550 points, Nifty tops 24,200 as earnings lift sentiment** — Sensex, Nifty, Share Prices LIVE: Indian benchmark indices trade higher on Wednesday, tracking positive global cues as investors shifted focus to the earnings season. Easing oil prices, optimism over the India-UK trade pact and encouraging early corporate results further supported market sentiment. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-15-july-2026/article71220956.ece) - 2026-07-14 — CNBC-TV18: **Stocks to Watch for July 15: Tata Elxsi, L&T Tech, Anand Rathi and more** — From Tata Elxsi and Anand Rathi reporting its Q1 results to Jain Resource Recycling reporting a furnace explosion at its manufacturing facility in Tamil Nadu, here are stocks to track ahead of Wednesday trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-july-15-tata-elxsi-lt-tech-anand-rathi-and-more-19945316.htm) - 2026-07-14 — CNBC-TV18: **Jain Resource Recycling reports furnace explosion at Tamil Nadu plant; one dead** — Jain Resource Recycling Ltd on Tuesday said a furnace explosion at its manufacturing facility in Tamil Nadu claimed the life of one labourer and injured several others, prompting the temporary suspension of operations in the affected section of the plant. — [Source](https://www.cnbctv18.com/business/companies/jain-resource-recycling-reports-furnace-explosion-at-tamil-nadu-plant-one-dead-19945274.htm) ## Business profile **Strategic vision:** Waste management and recycling of industrial and electronic waste. ### Business segments - **E-Waste Recycling:** Collects, dismantles, and processes end-of-life electrical and electronic equipment (WEEE), recovering precious metals, base metals, and plastics. - **Industrial Waste Management:** Provides industrial waste handling services, including safe disposal, recycling, and material recovery from manufacturing by-products. ### Competitive strengths - Focus on recovery of materials for manufacturing supply chains. ## Related stocks - [Gravita India Limited (Services)](https://faxioms.com/stocks/gravita) — -0.33% - [Urban Company Limited (Services)](https://faxioms.com/stocks/urbanco) — +0.30% - [Aadhar Housing Finance Limited (Financial Services)](https://faxioms.com/stocks/aadharhfc) — -1.72% - [Aarti Industries Limited (Chemicals)](https://faxioms.com/stocks/aartiind) — -0.47% - [Aavas Financiers Limited (Financial Services)](https://faxioms.com/stocks/aavas) — +0.08% ## Freshness and sources - Data as of: 2026-11-06 - Source: Faxioms public stock analysis API Canonical: https://faxioms.com/stocks/jainrec Markdown representation: https://faxioms.com/stocks/jainrec?render=md