Organic Recycling Systems is currently trading at Rs. 226.05, up by 14.50 points or 6.85% from its previous closing of Rs. 211.55 on the BSE.
The scrip opened at Rs. 218.00 and has touched a high and low of Rs. 231.00 and Rs. 213.00 respectively. So far 18600 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 310.00 on 06-Nov-2023 and a 52 week low of Rs. 208.60 on 26-Mar-2024.
Last one week high and low of the scrip stood at Rs. 220.40 and Rs. 210.05 respectively. The current market cap of the company is Rs. 171.69 crore.
The promoters holding in the company stood at 20.35%, while Institutions and Non-Institutions held 1.69% and 77.96% respectively.
Organic Recycling Systems (ORS) has entered into a Memorandum of Agreement (MOA) with BioCatalyst, the authorized Middle East distributor and service provider for Bio Organic Catalyst Inc., headquartered in California, USA. This significant agreement emphasizes ORS's commitment to advancing sustainable solutions for waste management in the Middle East Region.
The MOA establishes the terms under which ORS and BioCatalyst will cooperate jointly in the marketing and business development of various centralized and decentralized Waste Management (MSW) projects. Through this strategic collaboration, the partners seek to introduce and promote innovative technologies and practices that can revolutionize waste handling, treatment and disposal processes in the Middle East. By combining their strengths in marketing, business development, and technical expertise, ORS and BioCatalyst aspire to establish themselves as key players in the Middle East's waste management sector, offering solutions that are not only effective but also environmentally friendly and economically viable. This collaboration marks a pivotal moment in addressing environmental challenges and advancing sustainable solutions in the Middle East region.
Organic Recycling Systems is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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