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.
S&P Global revises IPO-bound Oyo parent Prism’s outlook to ‘Positive’
S&P Global Ratings has declared a Positive outlook for Prism, suggesting a promising trajectory for OYO’s parent company. This optimistic assessment comes with the expectation
June 10, 2026