ORSL soars on joining hands with IIT Bombay, IIT Kharagpur for BioCCU Technology
Organic Recycling Systems is currently trading at Rs. 316.50, up by 20.00 points or 6.75% from its previous closing of Rs. 296.50 on the BSE.
The scrip opened at Rs. 299.00 and has touched a high and low of Rs. 316.50 and Rs. 299.00 respectively. So far 6000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 400.00 on 20-Dec-2024 and a 52 week low of Rs. 209.00 on 28-Oct-2024.
Last one week high and low of the scrip stood at Rs. 316.50 and Rs. 274.90 respectively. The current market cap of the company is Rs. 268.00 crore.
The promoters holding in the company stood at 18.10%, while Institutions and Non-Institutions held 0.36% and 81.54% respectively.
In a significant stride towards sustainable bioenergy and carbon neutrality, Organic Recycling Systems (ORSL) has unveiled a revolutionary BioCCUS (Biological Carbon Capture, Utilization, and Sequestration) research platform in collaboration with IIT Bombay and IIT Kharagpur. The initiative promises to transform how CO? emissions from biogas plants are handled by capturing and converting them into valuable biofuels and biochemicals.
This groundbreaking partnership was formally sealed with the signing of Memorandums of Understandings (MoUs) between ORSL and the two premier institutes. The project integrates biological and catalytic CO? conversion pathways into a single, scalable biorefinery model. The BioCCUS research platform offers a truly circular solution--capturing CO?, generating bio-CNG, producing value-added chemicals, and utilizing digestate as biofertilizer. The result is a zero-waste, multioutput biorefinery ideal for rural and urban setups. This collaboration is expected to set a new benchmark for bioenergy innovation, aligning with India’s Net Zero 2070 and Atmanirbhar Bharat missions in green chemicals and energy security.
Organic Recycling Systems is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain.
