Analysts Initiate Buy Ratings on Jain Resource, Granules India, and Shadowfax Technologies

Analysts have initiated buy ratings on Jain Resource Recycling, Granules India, and Shadowfax Technologies, projecting returns between 25% and 41%. Jain Resource Recycling, a leading non-ferrous metal recycler, benefits from rising demand in lead and copper recycling driven by sustainability trends and supply constraints. Price targets include Rs 520 for Jain Resource Recycling, Rs 775 for Granules India, and Rs 175 for Shadowfax Technologies, reflecting positive market outlooks across these sectors.