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Gravita India shines on bagging orders worth Rs 300 crore

16 Mar 2018 Evaluate

Gravita India is currently trading at Rs. 177.90, up by 3.90 points or 2.24% from its previous closing of Rs. 174.00 on the BSE.

The scrip opened at Rs. 176.50 and has touched a high and low of Rs. 185.00 and Rs. 176.50 respectively. So far 31863 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 193.85 on 12-Jan-2018 and a 52 week low of Rs. 48.75 on 31-Mar-2017.

Last one week high and low of the scrip stood at Rs. 185.00 and Rs. 154.10 respectively. The current market cap of the company is Rs. 1195.46 crore.

The promoters holding in the company stood at 72.81%, while Institutions and Non-Institutions held 2.04% and 25.15% respectively.

Gravita India has received orders worth Rs 300 crore for supplying 18000 MT of Pure Lead and Lead Bullion from Kyen Resources, Singapore which is backed by China’s leading supply chain Management Company having its presence in Europe, North America, South America, Africa and Asia.

This order will help company to strengthen its top line and bottom line in coming FY 2018-19. The said order will be executed during FY 2018-19.

Gravita India is engaged in manufacturing of lead. The company’s segments include manufacturing, turnkey projects and trading.

Gravita India Share Price

1567.85 -19.45 (-1.23%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1048.20
Vedanta 721.10
Hindustan Zinc 588.85
Jain Resource Recycl 410.45
Gravita India 1567.85
View more..

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