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Friday, 16 October 2026
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BUSINESS

Organic Recycling Systems shines as its arm secures order from BPCL

Mumbai, October 16 (Udaipur Kiran): Organic Recycling Systems is currently trading at Rs. 208.85, up by 7.05 points or 3.49% from its previous closing of Rs. 201.80 on the BSE.

The scrip opened at Rs. 210.00 and has touched a high and low of Rs. 210.00 and Rs. 203.20 respectively. So far 66600 shares were traded on the counter.

The BSE group ‘M’ stock of face value Rs. 10 has touched a 52 week high of Rs. 214.00 on 06-Oct-2026 and a 52 week low of Rs. 137.40 on 27-Mar-2026.

Last one week high and low of the scrip stood at Rs. 211.45 and Rs. 199.00 respectively. The current market cap of the company is Rs. 327.27 crore.

The promoters holding in the company stood at 18.10%, while Institutions and Non-Institutions held 0.15% and 81.75% respectively.

Organic Recycling Systems’ wholly owned subsidiary — Solapur Bioenergy Systems (SBESPL) has secured an engineering, procurement, construction, operation and maintenance (EPCOM) order from Bharat Petroleum Corporation (BPCL). The order is for setting up of an organic municipal solid waste (OMSW) – based Compressed Bio-Gas (CBG) plant at Bhilai, Chhattisgarh. The order is classified as ‘Large-scale’, which is valued between Rs 50 to 100 crore. The order is to be executed with 15 months from the date of Letter of Acceptance (LOA) and has a O&M period of 5 years from commissioning. This is the fifth order secured by Solapur Bioenergy Systems from BPCL.

The contract encompasses the comprehensive development of the CBG facility, including project management, licensing, basic and detailed engineering, procurement, construction, fabrication, transportation, installation, testing, statutory approvals, commissioning and performance guarantee testing. This order plays a key role in SBESPL’s expanding Bioenergy Project Development and EPCOM business. The project strengthens the company’s capabilities in delivering integrated waste-to-energy infrastructure, combining engineering, process technology, plant execution and long-term operations and maintenance.

Organic Recycling Systems is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain.