Gravita India Limited (NSE: GRAVITA)
Market Cap | 152.27B |
Revenue (ttm) | 34.56B |
Net Income (ttm) | 2.69B |
Shares Out | 68.04M |
EPS (ttm) | 39.09 |
PE Ratio | 57.25 |
Forward PE | 42.81 |
Dividend | 5.20 (0.22%) |
Ex-Dividend Date | n/a |
Volume | 1,209,971 |
Open | 2,299.05 |
Previous Close | 2,326.55 |
Day's Range | 2,192.05 - 2,299.05 |
52-Week Range | 730.00 - 2,700.00 |
Beta | 0.89 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jan 20, 2025 |
About Gravita India
Gravita India Limited manufactures and recycles aluminum, plastic, lead, and lead products in India, the United Arab Emirates, South Korea, and internationally. It operates through Lead Processing, Aluminium Processing, Turn-Key Solutions, and Plastic Manufacturing segments. The company manufactures lead metal products, including pure lead/refined lead ingots, red lead, litharge, lead sub oxide, and lead coolant in nuclear power, as well as lead alloys, sheets, plates, balls, bricks, wool, sheath, weights, powder, wire, and metal; plastic produ... [Read more]
Financial Performance
In 2023, Gravita India's revenue was 31.61 billion, an increase of 12.86% compared to the previous year's 28.01 billion. Earnings were 2.39 billion, an increase of 18.94%.
Financial StatementsNews
Gravita India shares rally 3% after company increases QIP size to Rs 1,000 crore
Gravita India’s stock surged 3% following the approval of its Qualified Institutional Placement (QIP). The company set the floor price for the QIP at Rs 2,206.49 per share, reflecting a 1.4% discount ...
Gravita India launches QIP, floor price set at Rs 2,206 per share
Gravita India Limited has announced the commencement of its Qualified Institutional Placement (QIP) of equity shares, with a floor price set at ₹2,206.49 per share.
Stocks to Buy This Diwali: Kotak Securities sees Gravita India reaching ₹2,800, with an 11.4% upside
Kotak Securities has added Gravita India to its Diwali 2024 stock picks, assigning it an “Add” rating with a target price of ₹2,800. Currently trading at ₹2,514, Gravita India offers an upside potenti...
Q2 2025 Gravita India Ltd Earnings Call Transcript
Q2 2025 Gravita India Ltd Earnings Call Transcript
Stock to watch today: Gravita India reports 22.2% YoY profit growth in Q2 FY25
Gravita India announced its financial results for the second quarter of FY25, showing a solid performance in both revenue and profitability. The company reported revenue from operations of ₹927.42 cro...
Gravita India Q2 FY25 results: Revenue up 10.9% YoY at Rs 927.42 crore, net profit rises 22.2% YoY to Rs 71.92 crore
Gravita India has announced its financial results for the second quarter of FY25, showcasing a solid performance in both revenue and profitability. The company reported revenue from operations at ₹927...
Nuvama on Gravita India: Initiate Buy, target price Rs 3475, sees 33% upside
Nuvama has initiated a Buy rating on Gravita India with a target price of Rs 3475, reflecting a potential 33% upside from the current market price (CMP) of Rs 2,529.00. The brokerage cites the company...
Stocks To Buy This Diwali: JM Financial recommends buying Gravita India, sees 21% upside to ₹3,068
JM Financial has issued a ‘Buy’ rating for Gravita India, with a target price of ₹3,068, implying a 21% upside over the next 6-12 months. Gravita India, a leading player in India’s recycling industry,...
JMFS Research Diwali Stock Picks for 2024: Key Stocks to Watch
As part of the Diwali 2024 stock picks, JMFS Research has provided in-depth analysis of various stocks, including Reliance Industries, Power Grid Corporation, Bajaj Finance, ICICI Lombard, Jindal Stee...
Antique raises target on Gravita, sees 23.5% upside from current share price
Antique Stock Broking has reiterated its ‘Buy’ call on Gravita India, raising the target price to ₹2,920 from the previous target of ₹1,710, indicating a 23.5% upside from the current market price of ...
Gravita India aims to raise Rs 1000 crore
Gravita India Ltd. has announced several significant decisions following its Board meeting on October 4, 2024. The company aims to raise up to INR 1,000 Crores through various funding options, includi...
Gravita India shares surge 16% this week after signing MoU to acquire recycling plant in Europe
Gravita India shares jumped more than 16% this week following the company’s significant announcement regarding its European expansion strategy. The company disclosed that a step-down subsidiary of Gra...
Gravita India shares surge 3% after signing MoU to acquire recycling plant in Europe
Gravita India shares climbed 3% in morning trade after the company announced that a step-down subsidiary of Gravita Netherlands BV signed a Memorandum of Understanding (MOU) to acquire a Waste Tyre Re...
Gravita India enters into MoU to acquire a Waste Tyre Recycling plant in Romania
Gravita India Limited, a leading “Recycling Company,” informed exchanges that a step-down subsidiary of Gravita Netherlands BV (hereinafter “GNBV”) has entered into a Memorandum of Understanding (MOU)...