Announced Wed, 8 Jul · 16:51 IST
Subsidiary begins full Copper Anode production at Unit III
Business Updates View source PDF
JAINREC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹343.40
prior close
₹348.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-1.0-1.0-0.4-1.1-1.5-3.7+1.6-0.6-4.8————
Up moveDown movePending
AI summary
Wholly owned subsidiary Jain Green Technologies has commenced full commercial production at its Copper Anode line in Unit III, Gummidipoondi, Tamil Nadu. The line has two furnaces; the first was commissioned in March 2026 and the second on July 6, 2026. This completes the expansion plan, boosting recycling capacity and ability to serve growing demand for sustainable recycled metal products.
Likely market impact
Positive capacity addition. Strengthens revenue potential from recycled copper anode. Watch for utilization and margin trends going forward.