Siyaram Recycling Wins ₹81.66 Lakh Supreme Industries Order; Stock in Focus 

Mumbai, July 1: Siyaram Recycling Industries Ltd. has landed a fresh order from Supreme Industries Ltd. worth ₹81.66 lakh, adding another supply contract to its order book.

The company will supply Female Insert 1/2-inch CPVC/Aqua Thread Toppers, a component used in CPVC piping systems. The purchase order is valued at ₹81,65,600 and is to be completed within the next seven days.

For Siyaram Recycling, the significance lies less in the ticket size and more in the customer. Supreme Industries is among the country’s largest plastic products manufacturers, making repeat business from such companies an indicator of continuing commercial engagement. 

The company said the order has been received in the ordinary course of business. It also confirmed that the contract is not a related-party transaction and that neither the promoter nor promoter group has any interest in the customer. 

Stock Market Snapshot

The disclosure kept the Siyaram Recycling share price on investors’ radar during Wednesday’s session. 

As of 12:03 PM IST on July 1, the stock was trading at ₹38.10. 

For companies in the micro and small-cap manufacturing space, order announcements of this nature are disclosed individually because they provide visibility into customer activity and production schedules, even when the contract value itself is not large. 

Company Background 

Siyaram Recycling Industries manufactures plastic products and engineered components used across industrial applications. The company supplies moulded products to domestic customers across different sectors and continues to build its business through repeat purchase orders and customer additions. 

Supreme Industries is a diversified plastics manufacturer with operations spanning piping systems, industrial components, packaging products and consumer plastics. 

Conclusion 

The latest order is unlikely to materially change Siyaram Recycling’s revenue profile on its own. Even so, it adds to the company’s execution pipeline and reflects an ongoing business relationship with a well-established customer. The market’s attention will now shift to future order inflows and execution over the coming quarters.  

Source: 

• https://www.bseindia.com/stock-share-price/siyaram-recycling-industries-ltd/siyaram/544047 
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/b1a2be8d-121a-4877-86e9-6dc1b9a04aa4.pdf