Jain Resource Recycling Limited Share Price Today

Techno Funda Ratings

RS Rating
20
Weak
EPS Rating
50
Moderate
A/D Rating
C
Moderate

Key Metrics

Current Price

₹328.8

Market Cap

₹ 11,360 Cr.

Stock P/E

32.2

ROE

30.8 %

RSI

47.99

Trend

Bearish

Share Price Chart

Technical Commentary

Jain Resource Recycling Ltd currently shows Bearish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of C, a Relative Strength Rating of 28 and an EPS Rating of 50. TI65 trend indicator currently remains Bearish.

Buy or Sell Analysis

Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Jain Resource Recycling Ltd continues to trade in a weak macro layout below its 50 DMA (381.61). While a trailing Stock P/E of 32.2 might look cheap on the surface, a low baseline efficiency score (ROE: 30.8%) and a poor TI65 trend signature (Bearish) suggest the stock may be a structural value trap. The price is drifting downward without clear directional momentum, and the neutral RSI of 47.99 indicates a lack of urgent buying or selling pressure. Do not average down into this declining chart. Keep a neutral stance and preserve cash until the asset breaks above its overhead resistance ceilings (R1/R2 lines) with high institutional volume.

Company Overview

Incorporated in 2022, Jain Resource Recycling and its subsidiaries specialize in recycling non-ferrous metal scrap and producing lead, copper, and aluminium alloys. Its lead ingots are London Metal Exchange-registered, ensuring international quality standards. The company also trades non-ferrous metals and commodities.[1]

Jain Resource Recycling Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Jain Resource Recycling Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Jain Resource Recycling Ltd share price chart currently indicates a Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price328.8
RSI (14)47.99
50 DMA381.61
200 DMA399.98
TrendBearish
A/D RatingC
RS Rating20
EPS Rating50
TI650.85
TI65 TrendBearish

Pivot Points Analysis

Daily pivot points for Jain Resource Recycling Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹362.74
R2₹353.67
R1₹341.24
PP₹332.17
S1₹319.74
S2₹310.67
S3₹298.24

Financial Ratios

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MetricValue
Market Cap₹ 11,360 Cr.
Current Price₹ 329
High / Low₹ 594 / 248
Stock P/E32.2
Book Value₹ 45.2
Dividend Yield0.00 %
ROCE25.5 %
ROE30.8 %
Face Value₹ 2.00

Quarterly Results

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QuarterSalesProfitOPM
Jun 20241,496606%
Sep 20241,392536%
Dec 20241,781595%
Mar 20251,760535%
Jun 20251,549576%
Sep 20252,114998%
Dec 20252,7751267%
Mar 20263,105664%

Shareholding Pattern

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HolderHolding
Promoters 73.59%
FIIs 3.02%
DIIs 10.04%
Government 0.06%
Public 13.28%
No. of Shareholders63,099

Pros and Cons

Pros

  • Healthy return on equity of 30.8% indicating strong capital allocation efficiency.

Cons

  • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

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Frequently Asked Questions

What is the current technical trend and RSI for Jain Resource Recycling Ltd share?

Based on the latest closing data, the technical momentum for Jain Resource Recycling Ltd is currently evaluated as Bearish. The stock is exhibiting an RSI (14) of 47.99, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (381.61) defining immediate multi-day trend patterns.

What are the key resistance and support pivot points for Jain Resource Recycling Ltd?

According to Classic Pivot Point methodologies, the core trading floor for Jain Resource Recycling Ltd today centers at a Pivot Point (PP) of ₹332.17. Upside resistance challenges are calculated at R1: ₹341.24, R2: ₹353.67, and R3: ₹362.74. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹319.74, S2: ₹310.67, and S3: ₹298.24.

How does the fundamental ROE and P/E ratio look for Jain Resource Recycling Ltd?

Jain Resource Recycling Ltd is currently trading with a valuation metrics context of a Stock P/E of 32.2, against a core structural efficiency Return on Equity (ROE) standing at 30.8 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 50, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

Should I buy or sell Jain Resource Recycling Ltd shares based on corporate rankings?

Our dynamic trade matrix suggests a status of: Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Jain Resource Recycl... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of C, a Relative Strength (RS) ranking of 28, and long-term trend backing from the TI65 indicator (Bearish pattern).

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