Siyaram Recycling Industries Secures Rs 98,41,200 Order from Micronova Industries

Siyaram Recycling Industries Secures Rs 98,41,200 Order from Micronova Industries
<h1>Siyaram Recycling Industries Secures Rs 98,41,200 Order from Micronova Industries</h1>

Siyaram Recycling Industries Ltd has secured an order worth Rs 98,41,200 from Micronova Industries for the supply of Brass Scrap Honey. The contract details involve a domestic entity and stipulates specific terms regarding execution and nature of the transaction.

The deal provides Siyaram Recycling Industries with a significant fixed-cost opportunity. Micronova Industries is the awarding entity for this order.

Key details regarding the contract between Siyaram Recycling Industries Ltd and Micronova Industries are summarized below:

FeatureDetail
Order Awarding EntityMicronova Industries
Material/ServiceBrass Scrap Honey
Contract ValueRs 98,41,200
Transaction TypeFixed cost
Execution PeriodWithin 7 Days

The contract terms confirm that the transaction does not involve any related party interests. The order is entirely fixed-cost and represents a substantial commitment for Siyaram Recycling Industries Ltd.

Stock Price Movement​

At 14:34, Siyaram Recycling Industries Ltd shares are edging higher, currently priced at ₹43.65 following a strong performance of 4.98%. The stock traded today within an intraday range established between the low of ₹42.40 and the high of ₹43.65.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top