Siyaram Recycling Secures ₹95.64 Lakh Brass Scrap Order; Shares Slip 1%

Mumbai, June 1: Siyaram Recycling Industries Ltd has secured a domestic order worth ₹95.64 lakh from Charbhuja Impex for the supply of brass scrap, according to an exchange filing submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company informed the BSE that the order has been awarded by Charbhuja Impex and carries a total contract value of ₹95,63,900.

As per the disclosure, the contract is domestic in nature and has been awarded on a fixed-cost basis. The company said execution of the order is expected to be completed within seven days.

The filing further stated that neither the promoter nor promoter group has any interest in the awarding entity, and the transaction does not fall within related-party transactions.

Stock Market Snapshot

Siyaram Recycling Industries shares were trading in negative territory despite the order win announcement.

As of 11:54 AM IST on June 1, 2026, the stock was quoted at ₹36.63 on the BSE, down ₹0.37 or 1.00% from the previous close of ₹37.00.

The stock opened at ₹37.15 and touched ₹37.15. During the session, it declined to a low of ₹35.56 before recovering part of the losses. The Siyaram Recycling Industries share price remained volatile through the morning session as investors assessed the impact of the latest order.

According to exchange data, the company had a market of ₹79.81 crore and traded at a price-to-earnings ratio of 21.05.

The stock’s 52-week high stood at ₹157.00, while the 52-week low was ₹31.95.

Order Adds To Business Visibility

The newly secured order strengthens the company’s order book and provides near-term revenue visibility for its recycling operations.

Given the relatively short execution timeline of seven days, the contract is expected to contribute to operational activity in the current quarter.

The company continues to focus on sourcing, processing and trading non-ferrous metal scrap products, serving customers across industrial segments.

Company Background

Siyaram Recycling Industries Ltd is engaged in the recycling and processing of non-ferrous metals, with a focus on brass scrap and related products.

The company supplies recycled metal products to industrial customers and participates in the broader metal recycling value chain. Its operations are aligned with increasing demand for recycled raw materials across manufacturing industries.

Conclusion

Siyaram Recycling Industries has secured a ₹95.64 lakh domestic brass scrap order from Charbhuja Impex, with execution scheduled within seven days. While the contract adds to business visibility, the stock traded lower, with shares down 1.00% at ₹36.63 as of 11:54 AM IST on June 1, 2026.

Source:

• https://www.bseindia.com/stock-share-price/siyaram-recycling-industries-ltd/siyaram/544047
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/5d80f551-cb6c-4bb9-a2e9-83390e4fb517.pdf