Cerebra has increased its Recycling Capacity by 100% to 40000 Metric Ton

Cerebra Integrated Technologies Limited has increased its capacity by 100% from the current Recycling & Refurbishment Capacity of 20,000 Metric Tons.

What this means to Cerebra - Cerebra will be able to sign on more companies that need to fulfill their EPR obligations in the current year as well as for the future years up to 40,000 Metric Tons.

Cerebra manages and operates the Producer's Responsibility Organization (PRO) and offers IT and Electronic Equipment OEM's a sustainable, reliable and efficient option to comply with their Extended Producer Responsibility (EPR).

Cerebra is currently working with large Consumer Electronics and IT hardware OEM's to fulfill the EPR commitments. Cerebra has set up a vast collection network across India to enable the collection of old / obsolete EOL consumer electrical & electronics E-waste directly from the end user, repair centres and retailers. Cerebra supports producers by providing state-of-the-art services, assuring consistency and legal compliance.

Cerebra Integrated Technologies Limited is a public listed Company and has launched one of India's largest E-Waste Recycling units in February 2017 to address one of mostneglected and unorganized sectors in India. Electronic waste management, or e-waste management, has emerged as one of the most toxic waste streams in the world, and India is the fifth largest producer of such waste in the world.

Shares of Cerebra Integrated Technologies Ltd. was last trading in BSE at Rs. 55.9 as compared to the previous close of Rs. 55.2. The total number of shares traded during the day was 47158 in over 646 trades.

The stock hit an intraday high of Rs. 56.45 and intraday low of 55. The net turnover during the day was Rs. 2628384.

Source : Equity Bulls

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