{"id":157547,"date":"2023-12-28T06:48:06","date_gmt":"2023-12-28T11:48:06","guid":{"rendered":"https:\/\/44.250.171.167\/?p=157547"},"modified":"2023-12-28T09:17:27","modified_gmt":"2023-12-28T14:17:27","slug":"sarthak-metals-announces-decision-to-expand-into-industrial-bio-enzymes","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/sarthak-metals-announces-decision-to-expand-into-industrial-bio-enzymes\/","title":{"rendered":"Sarthak Metals announces decision to expand into Industrial Bio-Enzymes"},"content":{"rendered":"\n<p>Cored wires manufacturer Sarthak Metals on Thursday announced its decision to venture into the new business of Industrial Bio-Enzymes. The company said it has entered into a Memorandum of Understanding (MoU) with the Council of Scientific &amp; Industrial Research (CSIR) under the Ministry of Science and Technology, Government of India for the transfer of technology and continuous research and development in this area.<\/p>\n\n\n\n<p>Industrial enzymes and natural proteins are used in various industries to optimize production processes. Industrial enzymes are preferred in industrial applications for their thermotolerance and stability in harsh reaction conditions. The rising demand for industrial enzymes in several sectors from biofuels to household cleaning to animal feed is anticipated to drive continued expansion for this industry.<\/p>\n\n\n\n<p>Sarthak Metals Limited is a Bhilai, Chhattisgarh-based company involved in the production of metallurgical cored wires, aluminium flipping coils, and wire feeder machines. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cored wires manufacturer Sarthak Metals on Thursday announced its decision to venture into the new business of Industrial Bio-Enzymes. The company said it has entered into a Memorandum of Understanding (MoU) with the Council of Scientific &amp; Industrial Research (CSIR) under the Ministry of Science and Technology, Government of India for the transfer of technology [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":157551,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5753,5],"tags":[9148],"class_list":["post-157547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrials","category-latest","tag-steel"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/Sarthak.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":158405,"url":"https:\/\/alphastreet.com\/india\/sarthak-metals-dives-into-industrial-enzymes-breaking-new-grounds\/","url_meta":{"origin":157547,"position":0},"title":"Sarthak Metals dives into industrial enzymes breaking new grounds","author":"Chirag Gupta","date":"February 5, 2024","format":false,"excerpt":"In a groundbreaking move, Sarthak Metals has taken a giant leap into the realm of Industrial Enzymes and Natural Proteins. Building on the disclosure made on December 28, 2023, regarding the management's decision, the company has successfully secured the transfer of microbial cultures crucial for the production of specific bio-enzymes.\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/iStock-666698818.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/iStock-666698818.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/iStock-666698818.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/iStock-666698818.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":163209,"url":"https:\/\/alphastreet.com\/india\/sarthak-metals-ventures-into-biotechnology-driving-innovation-and-sustainable-growth\/","url_meta":{"origin":157547,"position":1},"title":"Sarthak Metals ventures into Biotechnology: Driving Innovation and Sustainable Growth","author":"Divyansh_Kasana","date":"July 19, 2024","format":false,"excerpt":"Introduction Sarthak Metals Limited (SMLT) has ventured into the biotechnology sector, focusing on areas that leverage living organisms and their derivatives to develop products and processes across various industries. This report delves into SMLT's strategic initiatives, the current biotechnology landscape in India, and the specific sectors where SMLT aims to\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/tiny-pharmacist-with-pills-vitamins-flat-vector-illustration-doctors-writing-prescriptions-antibiotics-working-together-helping-patients-cure-pharmacy-business-drugstore-concept_74855-23225.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/tiny-pharmacist-with-pills-vitamins-flat-vector-illustration-doctors-writing-prescriptions-antibiotics-working-together-helping-patients-cure-pharmacy-business-drugstore-concept_74855-23225.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/tiny-pharmacist-with-pills-vitamins-flat-vector-illustration-doctors-writing-prescriptions-antibiotics-working-together-helping-patients-cure-pharmacy-business-drugstore-concept_74855-23225.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":160280,"url":"https:\/\/alphastreet.com\/india\/insights-from-sarthak-metals-pioneering-steel-biotech-ventures-an-interview-with-the-vice-president\/","url_meta":{"origin":157547,"position":2},"title":"Insights from Sarthak Metals: Pioneering Steel &#038; Biotech Ventures &#8211; An interview with the Vice President","author":"Chirag Gupta","date":"April 2, 2024","format":false,"excerpt":"On 1 April 2024, Alphastreet conducted an interview with Sagar Shah, Vice President, Sarthak Metals Pvt Ltd. In the interview, Mr. Shah shed light on their market positioning, expansion into biotechnology, and innovative product additions, offering a glimpse into their future plans and goals. With a keen focus on sustainability\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163789,"url":"https:\/\/alphastreet.com\/india\/sarthak-metals-ltd-q1fy25-results-awaited-amid-revenue-pressure-and-strategic-shift-into-biotechnology\/","url_meta":{"origin":157547,"position":3},"title":"Sarthak Metals Ltd: Q1FY25 Results Awaited Amid Revenue Pressure and Strategic Shift into Biotechnology","author":"Divyansh_Kasana","date":"August 9, 2024","format":false,"excerpt":"Sarthak Metals Ltd (NSE: SMLT) is set to release its financial results for the first quarter of FY25. This comes after a challenging Q4FY24, where the company reported a 13% decline in revenue year-on-year. Investors are keenly watching how the company will navigate through its diversified portfolio, especially with its\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"SHARDAMOTR Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":158849,"url":"https:\/\/alphastreet.com\/india\/unlocking-growth-sarthak-metals-q3-2024-performance-and-future-expansion-strategies-revealed\/","url_meta":{"origin":157547,"position":4},"title":"Unlocking Growth: Sarthak Metals&#8217; Q3 2024 Performance and Future Expansion Strategies Revealed","author":"Divyansh_Kasana","date":"February 15, 2024","format":false,"excerpt":"Introduction: Sarthak Metals Limited (NSE: SMLT), a prominent player in the metallurgical industry, recently conducted its Q3 2024 earnings conference call, shedding light on its financial performance, strategic initiatives, and future outlook. Led by Sagar Shah, Vice President and part of the Promoter Group, the call provided valuable insights into\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"SHARDAMOTR Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":158583,"url":"https:\/\/alphastreet.com\/india\/sarthak-metals-ltd-q3-fy24-earnings-conference-call-insights\/","url_meta":{"origin":157547,"position":5},"title":"Sarthak Metals Ltd Q3 FY24 Earnings Conference Call Insights","author":"Praveen","date":"February 9, 2024","format":false,"excerpt":"Key highlights from Sarthak Metals Ltd (SMLT) Q3 FY24 Earnings Concall New Business Initiatives Company launching new flux cored wires business with successful trial production runs and BIS certification. Targeting government approvals for railway sector. Launching new biotech division focused on enzymes for ethanol production and other applications. Tied up\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/157547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=157547"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/157547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/157551"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=157547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=157547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=157547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}