Siyaram Recycling Bags International Brass Billets Order; Shares Rally Nearly 5%

Mumbai, June 11: Siyaram Recycling Industries secured an international order worth USD 213,000 from Green Metals FZCO for supply of brass billets.

The company disclosed in a filing with the exchanges that the order was received under Regulation 30 of SEBI (LODR) Regulations and would be executed within seven days.

As per the filing, the contract has been classified as an international order with fixed-cost terms. The company also clarified that the transaction does not fall under related-party transactions and that promoters do not hold any interest in the awarding entity.

The order adds to Siyaram Recycling’s export-oriented business operations in the non-ferrous metals segment, particularly in brass recycling and billet manufacturing.

Industry participants continue to track export demand trends in recycled metal products amid improving overseas industrial activity and stable raw material flows.

Stock Market Snapshot

Siyaram Recycling Industries share price moved sharply higher following the order announcement and sustained gains through the afternoon session.

The stock was trading at ₹34.80, up 4.98%, as of 13:37 IST on June 11, 2026, according to exchange data.

Siyaram Recycling Industries share price gained momentum after the company disclosed the overseas contract, with investors closely monitoring export-linked manufacturing companies for incremental revenue visibility.

The stock also witnessed stronger buying interest during mid-session trade as traders reacted to the short execution timeline and international nature of the order.

Export-Focused Recycling Businesses Remain in Focus

The latest order highlights continued opportunities for Indian recycling and metal-processing companies in overseas industrial supply chains.

Demand for recycled brass products has remained supported by applications across engineering, electrical and industrial manufacturing sectors.

Companies operating in the recycling ecosystem have increasingly focused on export diversification as global manufacturers seek alternative sourcing partners and cost-efficient supply channels.

Market observers note that relatively smaller export orders can still have meaningful sentiment impact for microcap and smallcap industrial counters due to earnings visibility and working capital efficiency.

Company Background

Siyaram Recycling Industries operates in the metal recycling and non-ferrous processing segment with focus on brass billets and allied products.

The company caters to domestic as well as international customers through recycled metal manufacturing and supply operations.

Conclusion

The international order from Green Metals FZCO strengthens Siyaram Recycling’s export order book and reinforces its presence in overseas brass billet markets.

The sharp rise in the stock indicates positive investor response to export-linked business traction, although market participants are likely to monitor execution timelines and future order inflows closely.

Source:

• https://www.bseindia.com/stock-share-price/siyaram-recycling-industries-ltd/siyaram/544047
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/baa27058-8c8e-4083-afb3-6650632f4271.pdf