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1D
1W
1M
1Y
3Y
5Y
Max
Open172.95
High172.95
Low167.05
Prev. Close169.75
Avg. Traded Price170.8
Volume7,200

MARKET DEPTH

info2
Total bid10,800.00
Total ask20,400.00
OrdersQtyBid
11200166.1
11200166.05
11200166
11200163.05
11200163
AskQtyOrders
170.911200
17122400
172.9511200
173.511200
17411200

HIGH/LOW

info2
1d
1w
1m
3m
52w

LOW/HIGH

166.2513 minutes ago
172.954 hours ago
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LOWER/UPPER CIRCUITS

161.30
178.20
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Sunlite Recycling Industries Ltd Stock performance
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KEY OBSERVATIONS

info
positive
negative
neutral
noteAnnual Revenue,rose 19.76%, in the last year to ₹1,397.11 Cr. Its sector's average revenue growth for the last fiscal year was 3.13%.
noteAnnual Net Profit,rose 60.3% in the last year to ₹14.27 Cr. Its sector's average net profit growth for the last fiscal year was 19.82%.
notePrice to Earning Ratio,is 12.94, lower than its sector PE ratio of 25.21.
View more
Sunlite Recycling Industries Limited was originally formed as partnership firm under the Indian Partnership Act, 1932 (Partnership Act) in the name and style of M/s. Sunlite Industries, pursuant to a deed of partnership entered between Prahladrai Ramdayal Heda, Nitin Kumar Heda and Khushboo Manishkumar Heda executed on dated September 28, 2017 on the terms and conditions contained in the said partnership deed. Later on, ‘M/s Sunlite Industries’ was thereafter converted from partnership firm to a private limited Company under part I Chapter XXI of Section 366 of the Companies Act, 2013 with the name and style of ‘Sunlite Alucop Private Limited’ and received a certificate of incorporation dated August 04, 2022 issued by the Registrar of Companies, Central Registration Centre.Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on January 12, 2024, the name of the company was changed from ‘Sunlite Alucop Private Limited’ to ‘Sunlite Recycling Industries Private Limited’ and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Ahmedabad vide letter dated January 18, 2024. Subsequently, the company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on February 10, 2024 and consequently the name of the company was changed from ‘Sunlite Recycling Industries Private Limited’ to ‘Sunlite Recycling Industries Limited’ vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated April 30, 2024 issued by the Registrar of Companies, Central Processing Centre.Sunlite Recycling Industries is engaged in the business of manufacturing of copper rods wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide it with the copper scrap and it is converting the copper scrap into copper wire and copper wire rod as per customer’s requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.Its Product Portfolio offers a diversified product range which includes variety of grades, thickness, widths and standards, in all types of copper products according to customer specifications. It prioritize environmental and safety considerations in its copper production process. Its approach involves recycling copper scrap utilizing electricity sourced from solar generation and clean natural gas, thus mitigating the pollution associated with conventional oil-based energy sources. Copper is one of the most recycled metals of all the metals. The recycling of copper scrap is gaining importance worldwide simply because of the fact that recovery of copper metal from scrap requires much less energy than its recovery made from primary source.Business area of the companyThe company is engaged in the business of manufacturing of copper rods wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper.Products of the companyCopper RodsOxygen Free Copper Rods (OFC)Fire-Refined High Conductivity Copper Rods-(FRHC)Copper wiresCopper earthing wiresCopper conductorsCopper submersible wiresCopper stripsHistory and milestonesSeptember 28, 2017: Established Partnership firm in the name of ‘M/s. Sunlite Industries’.October 28, 2017: Partnership firm was registered as on October 28, 2017 having registration number GUJVA200549.August 04, 2022: Conversion from the partnership firm into a Private Limited Company in the name of ‘Sunlite Alucop Private Limited’.FY 2022-23: Crossed Revenue of Rs 1000 crore.January 18, 2024: Change in the name of the Company from ‘Sunlite Alucop Private Limited’ to ‘Sunlite Recycling Industries Private Limited’April 30, 2024: Conversion of Company from Private Limited Company into Public Limited Company.
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