Siyaram Recycling Industries rises on bagging purchase order from M/s Al Qaryan International DMCC
Siyaram Recycling Industries is currently trading at Rs. 135.00, up by 0.90 points or 0.67% from its previous closing of Rs. 134.10 on the BSE.
The scrip opened at Rs. 134.10 and has touched a high and low of Rs. 137.00 and Rs. 133.75 respectively. So far 25500 shares were traded on the counter.
The BSE group 'MT' 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. 60.63 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 137.00 and Rs. 118.00 respectively. The current market cap of the company is Rs. 334.54 crore.
The promoters holding in the company stood at 61.14%, while Institutions and Non-Institutions held 2.21% and 36.65% respectively.
Siyaram Recycling Industries has bagged purchase order from M/s Al Qaryan International DMCC, Dubai UAE, for 100 tons of Brass Billets for export to China. Broad commercial consideration or size of the order $606000.00 (around Rs 5.30 crore). The order is to be executed within 45 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).
