Jain Resource Recycling Ltd.

NSE: JAINREC · Metals & Mining

₹281.75

as of 28 Sep 2026

AI verdict · 28 Sep 2026

Bearish 68% confidence

Severe 6-month underperformance (−34.75% vs NIFTY +2.79%), bearish EMA stack, and depressed volume (29% of average) outweigh positive news…

Strongest bull point

CRISIL credit rating upgrade to AA−, ₹44.50 crore loan-to-equity conversion, and shareholder approval for telecom diversification signal improved financial health and management confidence in long-term value creation.

Strongest bear point

Stock has fallen 49.8% from 52-week high despite positive news between July–September 2026, indicating market skepticism about execution; bearish EMA stack, neutral RSI (47.77, not oversold), and depressed volume suggest further downside risk remains before capitulation.

Technical Forecast · next 10 trading days

Expected

₹306.34 +8.7%

Range

₹301.49 – ₹308.94

Technical Forecast Fundamental Debate

Free: 5 Forecasts and 5 Debates a month. Log in with your mobile number.

Every call on JAINREC, misses included

Bearish 28 Sep 2026 → now Scores 28 Oct 2026

₹281.75 → ₹281.75 0.0%

Our accuracy

Every verdict and forecast here is dated and scored when it matures — right or wrong. The first scored results publish a month after launch.

How we score →

More Metals & Mining