Mukul Agrawal portfolio: SME stock soars 15%; zooms 223% over issue price

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Mukul Agrawal portfolio: SME stock soars 15%; zooms 223% over issue price - Business Standard

Quick Summary:

Siyaram Recycling share price hit a new high of Rs 148.65, soaring 15% in the intraday trade, after the company's board approved allotment of 2.

This is also evident in emerging markets, where governments are increasingly promoting waste reduction and recycling, Siyaram Recycling Industries said in its FY24 annual report.

The government incentives, subsidies, and policies that support recycling industries, particularly in Europe and North America, are creating favorable environments for brass recyclers to thrive.