Eco Recycling Ltd - Business Update

Eco Recycling Ltd, the India's very first E-waste Recycling Company since 2005 has very successfully implemented several initiatives in last 20 years to transform the e-waste management sector, a few of them already implemented are reverse logistic network to facilitate door to door collection of ewaste from individuals and corporate entities across nation, refurbishment & remarketing, data sanitization & destruction, Recycling on Wheels-SmartER to facilitate on site Safe & Secured preprocessing of e-waste and many more.

Ecoreco and its Mobile app BookMyJunk has been admired by the PM Shri Modiji in his Mann Ki Baat and Recycling on Wheels was flagged off by the Minister Dr. Jitendra Singh for the integration of the informal sector. With the above gradually becoming popular is enhancing supply of e-waste for formal recycling.

All the above initiatives are helping environment & ecology of the Nation. Now, Eco Recycling Ltd is progressing well to set up a facility for recovery of minerals out of PCB, HDD, Li-ion Batteries etc. for onward use by the PLI supported manufacturer of the electronic equipment and to earn foreign currency for the country.

Recycling is Future, so far we have taken out more than our need from the earth, it is time to replenish, we have to play role of nature. Ecoreco work on the simple philosophy of "Nature Builds Nation", let's join hands to implement Circular Economy and make the Country Self-Reliant in all respects as soon as we can.

Shares of ECO RECYCLING LTD. was last trading in BSE at Rs. 605.85 as compared to the previous close of Rs. 609.05. The total number of shares traded during the day was 15871 in over 1206 trades.

The stock hit an intraday high of Rs. 615.50 and intraday low of 601.50. The net turnover during the day was Rs. 9620768.00.

Source : Equity Bulls

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