Gravita India Limited (NSE: GRAVITA)

India flag India · Delayed Price · Currency is INR
2,237.95
-88.60 (-3.81%)
Dec 24, 2024, 3:30 PM IST
113.62%
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]

Sector Industrials
Founded 1992
Employees 1,760
Stock Exchange National Stock Exchange of India
Ticker Symbol GRAVITA
Full Company Profile

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 Statements

News

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 ...

8 days ago - Business Upturn

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.

8 days ago - Business Upturn

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...

2 months ago - Business Upturn

Q2 2025 Gravita India Ltd Earnings Call Transcript

Q2 2025 Gravita India Ltd Earnings Call Transcript

2 months ago - GuruFocus

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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,...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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 ...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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)...

3 months ago - Business Upturn