Siyaram Recycling Industries Stock Gains Nearly 4% on Fresh Order Win

Mumbai, Thursday, September 4, 2025 – Shares of Siyaram Recycling Industries Ltd (BSE: 544047) surged 3.88% to ₹111.00 in Thursday’s trade after the company announced that it has secured a significant order from Saanvi Metal Craft for the supply of Brass Scrap Honey.

Market Snapshot

As of September 04, 2025, 01:26 PM, Siyaram Recycling Industries Ltd stands at ₹107.95, marking a gain of 1.10 points or 1.03% from its previous close of ₹106.85. The market opened in green, and touched an intraday high of ₹111.00, trading volume of 0.45 lakh shares and a total value of ₹4.94 crore so far.

Trigger for Rally

The rally in the share price was triggered after the company made an announcement on September 3 that it had received a new order valued at ₹1,40,36,373. The agreement for the order was made at an arm’s length price. The timeline for completion of the order is set at 1 month. In its regulatory filing, the company’s management highlighted that the transaction is a domestic fixed-cost contract and does not fall under related-party dealings.

Outlook and Investor Takeaway

The fresh order win has strengthened Siyaram Recycling Industries’ revenue visibility in the near term. The ₹1.40 crore deal is a clear reflection of the steady demand for the company’s products. However, as the company grows with better orders, investors should keep an eye out for execution timelines, margin sustainability in fixed-cost contracts, and the company’s ability to secure repeat or larger orders for sustained growth.

Siyaram Recycling Industries Ltd, headquartered in Jamnagar, Gujarat, is engaged in the recycling and processing of brass and allied metal scrap products. Operating within the Other Industrial Products sector, the company is listed on the BSE under ticker 544047. By focusing on sustainable recycling practices, Siyaram Recycling plays a vital role in meeting domestic demand for industrial-grade brass while contributing to resource efficiency and circular economy initiatives.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/675fad93-d225-4a09-83c3-b2d401489243.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations