Siyaram Recycling Industries gains on bagging order worth Rs 3.40 crore
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Siyaram Recycling Industries is currently trading at Rs. 165.00, up by 4.15 points or 2.58% from its previous closing of Rs. 160.85 on the BSE.
The scrip opened at Rs. 157.20 and has touched a high and low of Rs. 165.00 and Rs. 156.00 respectively. So far 28500 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 183.85 on 19-Nov-2024 and a 52 week low of Rs. 55.00 on 21-Dec-2023.
Last one week high and low of the scrip stood at Rs. 181.95 and Rs. 156.00 respectively. The current market cap of the company is Rs. 406.04 crore.
The promoters holding in the company stood at 70.87%, while Institutions and Non-Institutions held 1.68% and 27.46% respectively.
Siyaram Recycling Industries has received order from M/s. Shree Extrusions, Jamnagar for the total contract cost amounting to around Rs 3.40 crore. The order is for 60 tons of Brass Scrap for Domestic. The said order is expected to be completed within 40 days.
Siyaram Recycling Industries is primarily engaged in (i) segregation of brass scrap (ii) manufacturing of brass ingots, billets and brass rods and (iii) manufacturing of brass-based components (plumbing and sanitary parts).
