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Gravita India soars on receiving status of AEO holder under Customs Act

03 Oct 2017 Evaluate

Gravita India is currently trading at Rs. 134.35, up by 3.55 points or 2.71% from its previous closing of Rs. 130.80 on the BSE.

The scrip opened at Rs. 134.80 and has touched a high and low of Rs. 135.60 and Rs. 133.70 respectively. So far 47725 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 142.00 on 21-Sep-2017 and a 52 week low of Rs. 29.00 on 20-Oct-2016.

Last one week high and low of the scrip stood at Rs. 135.60 and Rs. 120.25 respectively. The current market cap of the company is Rs. 926.14 crore.

The promoters holding in the company stood at 73.02%, while institutions and non-institutions held 4.59% and 22.39% respectively.

Gravita India has been allotted the status of an Authorized Economic Operator-T2 under a major programme undertaken by the Customs and Excise Departments. The Authorized Economic Operator plan works under the World Customs Organization’s (WCO) SAFE framework of Standards to secure and facilitate global trade.

This programme aims to enhance international supply chain security and smoothen the movement of legitimate goods. AEO encompasses various players in the global supply chain. Under this programme, an entity engaged in international trade is approved by Customs as compliant on its supply chain security standards and granted AEO status with certain benefits.

About 30 companies have been given this prestigious AEO-T2 standard as on date by the Customs and Excise Department and Gravita India is honoured to be on this list.

Gravita is a public listed company and has carved a niche for itself, in the field of recycling in a very short span of time. It has 8 manufacturing setups in 6 countries.

Gravita India Share Price

1639.80 -28.80 (-1.73%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1038.95
Vedanta 787.60
Hindustan Zinc 592.35
Jain Resource Recycl 420.90
Gravita India 1639.80
View more..

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