Jain Resource Recycling Limited

New PositionQuarterly

JAINRECDiversified MetalsMarket Cap₹10K Cr

Stake

1.03%

Axis Mutual Fund

Mutual Fund

The move

Axis Mutual Fund took a new position in Jain Resource Recycling Limited, acquiring 3,550,630 shares, representing a 1.03% stake. The investment is valued at approximately ₹116.74 Cr, based on the share price of ₹328.80.

About Jain Resource Recycling Limited

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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.

About Axis Mutual Fund

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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.

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More moves in Jain Resource Recycling Limited

Ashish KacholiaExited

Ashish Kacholia, who previously held a 1.13 percent stake in Jain Resource Recycling Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction of his holding to below the 1 percent reporting requirement.

21 Jul 2026

Motilal Oswal Mutual FundDecreased

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.