Siyaram Recycling wins Rs 17.28 crore brass billets order

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Price reactionminutes from the announcement price · days from the prior close

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₹32.75

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+0.4% vs market

Other Industrial Products peers, median of 25sector-0.5%+1.3% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.3 pts more than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Next day

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AI summary

Siyaram Recycling Industries secured a fixed-price order from Green Metals FZCO in Dubai, UAE, for brass billets worth Rs 17.28 crore. It must be executed within 30 days. The buyer is international, and the order is not a related-party transaction.

Likely market impact

The order may add near-term revenue and support positive sentiment, but margin and payment details are not disclosed.