Introduction:
Recycling stock has secured a ₹5.30 crore export order from an international entity to supply 100 tons of Brass Billets to China within 45 days. This deal strengthens its global presence, reinforcing its commitment to sustainable metal recycling and international trade expansion.
Share Price movement of Siyaram Recycling Industries:
On March 12, 2025, Siyaram Recycling Industries Ltd opened at ₹134.10, reaching a high of ₹135.00, up 0.26% from its previous close of ₹134.10, with a low of ₹133.75. The stock is currently trading at ₹134.45, with a market cap of ₹292.96 crore.
Siyaram Recycling Industries received order:
Siyaram Recycling Industries Limited has received a purchase order from AL Qaryan International DMCC, Dubai, UAE, valued at approximately USD 606,000 (₹5.30 crore). The contract involves the export of 100 tons of Brass Billets to China, strengthening its international trade operations.
The order is from an international entity and must be fulfilled within 45 days. The agreement adheres to standard business norms, ensuring seamless execution. This deal highlights the company’s expanding global presence and its commitment to supplying high-quality recycled metal products to international markets.
There is no involvement of promoters or related parties in this transaction, ensuring transparency. This contract reinforces Siyaram Recycling Industries’ strategic growth in the recycling industry, enhancing its role in global supply chains and promoting sustainable metal exports.
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Recent news About Siyaram Recycling Industries:
On March 3, 2025, the company appointed Ms. Kesha Ravi Shah as the Company Secretary and Compliance Officer. Ms. Shah is an Associate Member of the Institute of Company Secretaries of India, bringing expertise in secretarial compliances and corporate law.
Ace investor holding of Siyaram Recycling Industries:
Mukul Mahavir Agrawal holds a 10.10% stake in Siyaram Recycling Industries Ltd, with 2.2 million shares valued at ₹29.6 crore. His investment signals confidence in the company’s growth potential, particularly in the recycling and sustainable metals sector, aligning with the industry’s expanding global demand.
Stock performance of Siyaram Recycling Industries for Period of 1 week, 6 months and 1 year:
Siyaram Recycling Industries’ stock surged 15.2% in the past week, reflecting strong short-term momentum. Over the last six months, it gained 26.7%, indicating steady growth. In the past year, the stock skyrocketed by 109%, showcasing impressive long-term performance and investor confidence.
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Shareholding pattern of Siyaram Recycling Industries:
| Summary | Dec-24 | Sep-24 | Mar-24 |
| Promoter | 61.10% | 70.90% | 70.80% |
| FII | 0% | 0% | 1.20% |
| DII | 2.20% | 1.70% | 2.20% |
| Public | 36.70% | 27.50% | 25.80% |
About Siyaram Recycling Industries:
Siyaram Recycling Industries Ltd (BSE: 544047) specializes in metal recycling, focusing on sustainable solutions for brass, aluminum, and other non-ferrous metals. The company caters to both domestic and international markets, ensuring eco-friendly processing and efficient supply chain management, contributing to the growing demand for recycled metals globally.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
