Jain Resource Recycling Limited
Axis Mutual Fund has dropped off Jain Resource Recycling Limited's latest shareholder list after previously holding a 1.03 percent stake. Axis Mutual Fund has either fully exited the company or trimmed the position below the 1 percent disclosure threshold.
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.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.