Bengaluru, July 15 -- The shares of a prominent recycling company gained up to 6 percent in today's trading session after the company commenced operations at the Lithium-Ion Battery Recycling Facility.
With a market capitalization of Rs 352 crore, the shares of Namo eWaste Management Ltd were trading at Rs 154 per share, increasing around 5.84 percent as compared to the previous closing price of Rs 145.50 per share.
Capacity expansion
The shares of Namo eWaste Management Ltd have seen positive movement after launching a new Lithium-Ion Battery Recycling Plant in Nashik, Maharashtra, with a 12,240 MTPA capacity. This marks a key step in its goal to scale up the recycling capacity to 68,000 MTPA by Q3 FY26, aligning with India's EPR mand...
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