77% post-IPO rally: Ashish Kacholia-backed Jain Resource Recycling anchor lock-in ends, 12 million shares now tradable

Ashish Kacholia-backed Jain Resource Recycling will make another 12 million shares eligible for open market trading from today, after the expiry of the three-month IPO anchor lock-in. According to Nuvama estimates, these shares represent approximately 4% of the company’s total outstanding equity.Although the shares are eligible for sale, the responsibility lies with the investors as […]

Muthoot Finance receives the target price stimulus of Jefferies and Nuvama. Is it time to buy?

Leading brokerage companies, Jefferies and Nuvama, have yielded their target prices on Muthoot Finance after the robust Q1FY26 performance of the company. Both companies have repeated their bullish attitude towards the non-bank financial company, referring to strong growth in assets of gold loans, margin expansion and improved asset quality as important positives. The newly assigned […]