Siyaram Recycling Industries Secures Rs 97,94,000 Order from Metal Scrap India for Brass Scrap

Siyaram Recycling Industries Secures Rs 97,94,000 Order from Metal Scrap India for Brass Scrap

Siyaram Recycling Industries Secures Rs 97,94,000 Order from Metal Scrap India for Brass Scrap​

Siyaram Recycling Industries Ltd has secured a significant contract worth Rs 97,94,000 with Metal Scrap India. The order pertains to the procurement of Brass Scrap and represents a domestic transaction for the recycling company.

The terms of the contract indicate that the order is fixed cost in nature and must be executed within five days. The transaction details confirm that there is no interest involved from any promoter or promoter group companies in Metal Scrap India, nor does the deal fall under related party transactions.

Key aspects of the secured order are summarized below:

DetailInformation
Awarding EntityMetal Scrap India
Order ValueRs 97,94,000/-
Product NatureBrass Scrap
Contract TypeFixed cost
Execution TimelineWithin 05 Days
Transaction StatusDomestic

Stock Price Movement​

At 12:04, shares of Siyaram Recycling Industries Ltd are edging higher, trading at ₹41.40, which represents a gain of 2.83%. The stock moved significantly during the day, finding support after dipping to an intraday low of ₹39.11 and reaching a high of ₹41.97.
 

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