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Business Standard - Markets 53d ago

Jain Resource Recycling Ltd leads losers in 'B' group

Rama Phosphates Ltd, Synergy Green Industries Ltd, Neogen Chemicals Ltd and Digitide Solutions Ltd are among the other losers in the BSE's 'B' group today, 19 May 2026.

BSEDIGITIDEJAINRECJGCHEMNEOGENRAMAPHOSGILCapital GoodsChemicals
Ashish Kacholia-backed smallcap stock tanks 34% in just two sessions. What’s behind the selloff?
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ET Markets - Stocks 53d ago

Ashish Kacholia-backed smallcap stock tanks 34% in just two sessions. What’s behind the selloff?

Jain Resource Recycling shares plunged up to 19% after reporting operational disruptions caused by Iran–Israel geopolitical tensions, which hit supply chains, raised shipping costs and compressed Q4 margins. Despite the near-term impact, the company reported strong revenue and profit growth, while signalling improving conditions and normalising costs in Q1FY27.

JAINRECSCISMALLCAPFinancial ServicesMetals & Mining