Organic Recycling Systems surges on entering into MoU with PRESPL
ORSL has developed proprietary technologies and successfully implemented largescale waste management and bioenergy projects across India
Organic Recycling Systems is currently trading at Rs. 255.50, up by 5.45 points or 2.18% from its previous closing of Rs. 250.05 on the BSE.
The scrip opened at Rs. 255.50 and has touched a high and low of Rs. 255.50 and Rs. 255.50 respectively. So far 600 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. 236.00 on 05-Nov-2024.
Last one week high and low of the scrip stood at Rs. 257.50 and Rs. 250.05 respectively. The current market cap of the company is Rs. 221.24 crore.
The promoters holding in the company stood at 18.10%, while Institutions and Non-Institutions held 0.37% and 81.54% respectively.
Organic Recycling Systems (ORSL) has entered into a Memorandum of Understanding (MoU) with Punjab Renewable Energy Systems (PRESPL), a leading Bio-Energy enterprise of India. The MoU signifies a strategic alliance between ORSL and PRESPL aimed at jointly developing and executing Bio-Gas and Compressed Bio-Gas (CBG) projects across India and potential international markets.
ORSL has developed proprietary technologies and successfully implemented largescale waste management and bioenergy projects across India. The company operates as a comprehensive engineering and technology platform, offering end-to-end solutions through Technology, Engineering, Procurement, and Construction (TEPC) contracts and bioenergy generation projects from diverse feedstock.
PRESPL provides biomass solutions to power plants, Independent Power Producers (IPPs), and process industries, along with consultancy and O&M services for biogas and boiler systems. The company also operates BOOT (Steam/Energy at Cost) models and offers services across Biomass Power, Biogas, Boilers, Waste Management, and Biomass-to-Bio-CNG projects, as well as advisory for Energy Transition, Net Zero, and Carbon Credit management.
Organic Recycling Systems is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain.

