Organic Recycling Systems shines on inking MoU with Walchand Institute of Technology
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Organic Recycling Systems is currently trading at Rs. 240.00, up by 6.00 points or 2.56% from its previous closing of Rs. 234.00 on the BSE.
The scrip opened at Rs. 235.95 and has touched a high and low of Rs. 240.00 and Rs. 235.95 respectively. So far 2400 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 310.00 on 06-Nov-2023 and a 52 week low of Rs. 214.00 on 06-Oct-2023.
Last one week high and low of the scrip stood at Rs. 246.75 and Rs. 233.20 respectively. The current market cap of the company is Rs. 184.78 crore.
The promoters holding in the company stood at 20.35%, while Institutions and Non-Institutions held 1.69% and 77.96% respectively.
Organic Recycling Systems (ORSL) has signed a Memorandum of Understanding (MoU) with the prestigious Walchand Institute of Technology (WIT), Solapur. This collaboration aims to foster joint research, academic initiatives and workshops in diverse scientific and technological domains. Both parties, recognizing the need for collaborative efforts to address multidisciplinary scientific and technological challenges of national importance, have formalized this partnership. The MoU lays the foundation for joint research programs and collaborations, with a primary focus on Municipal Solid Waste management, remediation, and applications for environmental sustainability.
This collaboration involves faculty and researcher cooperation in their internal research initiatives, leveraging the pooled resources of both establishments. The collaboration also encompasses the exploration of joint research initiatives in critical interdisciplinary domains, promoting a holistic approach. The partnership emphasizes capacity building through short-term programs, workshops and certificate courses, fostering a collaborative educational environment. The MoU facilitates subsidized access to essential equipment and consultancy services, enriching the collaboration's academic and research dimensions.
Organic Recycling Systems is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain.
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