India, Feb. 5 -- A recycling stock, also engaged in manufacturing brass plumbing and sanitary components, saw its shares surge 10 percent after announcing the bagging of a Rs 4.03 crore order for supplying brass scrap honey. This follows a similar order for the same component received from another entity a day earlier. With a market cap of Rs 131 Cr, Siyaram Recycling Industries Ltd saw its stock hit an intraday high of Rs 64 which is 10 percent higher than the previous close of Rs 58.
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On Thursday, Siyaram Recycling Industries Ltd announced that it has secured a domestic order worth Rs 4.03 crore from Saanvi Metal Craft for the supply of brass scrap honey. The fixed-cost order will be executed within six months, supporting revenue ...
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