Organic Recycling Systems is currently trading at Rs. 281.00, up by 11.05 points or 4.09% from its previous closing of Rs. 269.95 on the BSE.
The scrip opened at Rs. 270.05 and has touched a high and low of Rs. 283.00 and Rs. 270.00 respectively. So far 12600 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 400.00 on 20-Dec-2024 and a 52 week low of Rs. 209.00 on 28-Oct-2024.
Last one week high and low of the scrip stood at Rs. 283.00 and Rs. 260.05 respectively. The current market cap of the company is Rs. 243.33 crore.
The promoters holding in the company stood at 20.35%, while Non-Institutions held 79.65% in the company.
Organic Recycling Systems (ORSL) has entered into a strategic Memorandum of Understanding (MoU) with Indian Institute of Technology Kharagpur (IITKGP), a premier institute of national importance. This collaboration marks a significant step toward accelerating company’s research and innovation ecosystem in the domains of clean energy, carbon utilization, and circular economy.
This strategic partnership outlines a robust framework for collaborative research, capacity building, technology transfer, and the commercialization of cutting-edge solutions. By combining IITKGP’s deep research capabilities with ORSL’s practical experience and industry insight, the initiative aims to unlock new frontiers in sustainable technologies. The agreement identifies six core technical areas where joint efforts will shape the future research agenda between the two institutions.
One of the key focus areas is the development of novel catalysts for converting carbon dioxide into value-added products. The teams will work on advanced catalytic processes for carbon dioxide methanation and conversion into mixed alcohols, which hold promise in reducing greenhouse gases while producing usable fuels. They will also explore methane cracking and reforming techniques using both experimental and computational approaches. Machine learning tools will be deployed to accelerate catalyst discovery, optimize reaction pathways, and improve efficiency in carbon utilization technologies.
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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