Jain Resource Recycling Limited
Motilal Oswal Mutual Fund decreased its stake in Jain Resource Recycling Limited from 5.75% to 5.41%, selling 1,173,016 shares. The value of the remaining shares is ₹562.63 Cr.
A diversified metals company specializing in recycling non-ferrous metal scrap to produce lead, copper, and aluminium alloys for industrial applications. The company manufactures London Metal Exchange-registered lead ingots that meet international quality standards and specifications. Beyond production, Jain Resource also engages in trading non-ferrous metals and commodities across domestic and international markets, serving diverse customer segments.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.