The Economic Times News

77% post-IPO rally: Ashish Kacholia-backed Jain Resource Recycling anchor lock-in ends, 12 mn shares now tradable

Ashish Kacholia-backed Jain Resource Recycling's anchor lock-in period has ended, making 12 million shares tradable. The company's stock has surged 77% above its IPO price of Rs 232, reaching Rs 461. Jain Resource Recycling specializes in non-ferrous metal recycling and manufacturing, serving prominent domestic and global clients.