{"id":121793,"date":"2024-04-04T13:38:55","date_gmt":"2024-04-04T08:08:55","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=121793"},"modified":"2024-04-04T13:38:59","modified_gmt":"2024-04-04T08:08:59","slug":"stock-jumps-9-after-company-announces-its-entry-into-the-middle-east-market","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-company-announces-its-entry-into-the-middle-east-market\/","title":{"rendered":"Stock jumps 9% after company announces its entry into the Middle East market\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-591364922\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Share price of this micro-cap stock and a leading player in sustainable technology solutions, moved up by nearly 9.2 percent on BSE to Rs. 231 in the trading session of Thursday, compared to its previous closing price of Rs. 211.55, after announcing its entry into the Middle East market.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1430798587\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalisation of Rs. 171.7 crores, at 01:03 p.m. the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/543997\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Organic Recycling Systems Limited<\/a><\/strong> were trading in the green at Rs. 223, up by 5.41 percent.\u00a0<\/p><p>According to recent regulatory filings with the BSE, Organic Recycling Systems Limited (ORS), having signed a Memorandum of Agreement (MOA) with BioCatalyst\u2014the authorised Middle East distributor and service provider for Bio Organic Catalyst Inc., based in California, USA\u2014is ready to enter the Middle Eastern market.&nbsp;<\/p><p>The MOA establishes the terms under which ORS and BioCatalyst will cooperate jointly in the marketing and business development of several centralised and decentralised Waste Management (MSW) projects.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2973300657\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Through this strategic collaboration, the partners seek to reform waste management, treatment and disposal processes in the Middle East by introducing and promoting innovative technologies and practices.&nbsp;<\/p><p>Together, ORS and BioCatalyst hope to become major players in the waste management industry in the Middle East by combining their strengths in marketing, business development, and technical expertise to provide solutions that are not only practical but also sustainable and profitable.&nbsp;<\/p><p>In terms of financials, the company\u2019s revenue from operations grew by nearly 69.2 percent YoY from Rs. 14.61 crore in FY21-22 to Rs. 24.72 crore in FY22-23, accompanied by an increase in the net profit by 168.2 percent to Rs. 3.65 crore in FY22-23 from a loss of Rs. 5.35 crore.&nbsp;<\/p><p>The company has delivered negative returns of nearly 1.22 percent in the last six months and around 5.8 percent so far in 2024.&nbsp;<\/p><p>Established in 2008, Organic Recycling Systems Limited (ORS) is a pioneering engineering firm specialising in environmental solutions, offering comprehensive waste management solutions across various waste types and the entire value chain.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shivani Singh&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-2770821042\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-230740815\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Share price of this micro-cap stock and a leading player in sustainable technology solutions, moved up by nearly 9.2 percent on BSE to Rs. 231 in the trading session of Thursday, compared to its previous closing price of Rs. 211.55, after announcing its entry into the Middle East market.&nbsp; With a market capitalisation of Rs. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[14737,14736,948,936],"class_list":["post-121793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-organic-recycling-systems-latest-news","tag-organic-recycling-systems-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock jumps 9% after company announces its entry into the Middle East market\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Share price of this micro-cap stock and a leading player in sustainable technology solutions, moved up by nearly 9.2 percent on BSE to Rs. 231 in the trading session of Thursday, compared to its previous closing price of Rs. 211.55, after announcing its entry into the Middle East market.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-company-announces-its-entry-into-the-middle-east-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock jumps 9% after company announces its entry into the Middle East market\u00a0\" \/>\n<meta property=\"og:description\" content=\"Share price of this micro-cap stock and a leading player in sustainable technology solutions, moved up by nearly 9.2 percent on BSE to Rs. 231 in the trading session of Thursday, compared to its previous closing price of Rs. 211.55, after announcing its entry into the Middle East market.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-company-announces-its-entry-into-the-middle-east-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-04T08:08:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-04T08:08:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/bse-cover-image-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-company-announces-its-entry-into-the-middle-east-market\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-company-announces-its-entry-into-the-middle-east-market\/\",\"name\":\"Stock jumps 9% after company announces its entry into the Middle East market\u00a0 - 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