Siyaram Recycling Inds gains after bagging Rs 2-crore order from The Supreme Industries

The company said the order is a fixed-cost contract awarded by a domestic entity and is scheduled to be executed within seven days.

The order does not fall under related party transactions and does not involve any promoter or promoter group interest, the company added.

Siyaram Recycling Industries is primarily engaged in the recycling of brass scrap. On a full-year basis, the company's net profit jumped 93.8% to Rs 14.57 crore on a 23.9% rise in net sales to Rs 511.56 crore in FY25 over FY24.

Supreme Industries is India?s leading plastics product manufacturer, offering a wide and comprehensive range of plastic products in India. The company operates in various product categories viz. plastic piping system, cross laminated films & products, protective packaging products, industrial moulded components, moulded furniture, storage & material handling products, performance packaging films and composite lpg cylinders. The scrip rose 0.31% to Rs 3,545 on the BSE.

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