Siyaram Recycling Secures Rs. 2,06,64,750 Order for Brass Ingots from Dharma Metalex
Siyaram Recycling Industries Ltd., formerly known as Siyaram Impex Pvt. Ltd., has secured a noteworthy order from Dharma Metalex for the supply of Brass Ingots. The total value of the order stands at Rs. 2,06,64,750.The agreement details indicate that the order is sourced from a domestic entity, with the transaction classified as fixed cost. Siyaram Recycling Industries Ltd. anticipates the execution of this contract within a timeframe of 7 Days.
The transaction was confirmed by the company's managing director, Bhavesh Ramgopal Maheshwari. According to the provided details, the deal does not involve related parties, ensuring the transaction is conducted externally.
Key details of the contract secured by Siyaram Recycling Industries Ltd. are summarized below:
| Detail Parameter | Value |
|---|---|
| Awarding Entity | Dharma Metalex |
| Product | Brass Ingots |
| Total Order Value | Rs. 2,06,64,750 |
| Transaction Type | Fixed Cost |
| Origin | Domestic |
| Execution Timeline | Within 7 Days |
| Related Party Status | No |
Stock Price Movement
Siyaram Recycling Industries Ltd is ticking up as of 11:16, trading at ₹39.90, gaining 0.86% in early trading. The shares have been volatile today, finding support between an intraday low of ₹39.56 and a high of ₹40.00.Source:
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