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The Jain Metal Group is engaged in the recycling and production of non-ferrous metals in India with capabilities to handle multiple products in recycling at a single location and has an extensive global network for sourcing recyclable materials.
The product portfolio comprises:
They are also engaged in trading of non-ferrous metals and commodities, with recycling operations that are vertically integrated through end-to-end processes. Facilities are located at SIPCOT Industrial Estate, Gummidipoondi, Chennai, and gold refining operations were launched in 2024 in UAE.
Jain Resource Recycling is a leading Indian manufacturer of non-ferrous metal products through recycling. It is one of only two Indian recyclers with LME-registered lead ingots, offering global credibility.
The company operates in high-barrier industries with an edge in gold refining, benefiting from lower customs duty. Despite risks like forex fluctuations, import dependency, and client concentration, the company’s strong financial track record, global footprint, and role in India’s Green Metal Revolution support long-term potential.
Sushil Finance's view is Subscribe for Long Term Horizon, considering strong growth, international presence, and expansion into gold refining.
The company caters to industries such as lead acid batteries, electrical and electronics, pigments, automotive, and international gold refining markets.
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