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Gravita India is currently trading at Rs. 102.30, up by 2.10 points or 2.10% from its previous closing of Rs. 100.20 on the BSE.
The scrip opened at Rs. 103.45 and has touched a high and low of Rs. 105.85 and Rs. 102.30 respectively. So far 1552 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 205.00 on 27-Apr-2018 and a 52 week low of Rs. 95.00 on 19-Sep-2018.
Last one week high and low of the scrip stood at Rs. 125.50 and Rs. 95.00 respectively. The current market cap of the company is Rs. 688.84 crore.
The promoters holding in the company stood at 72.77%, while Institutions and Non-Institutions held 3.44% and 23.69% respectively.
Gravita India has expanded the capacity of its existing plant located at Chittoor in the state of Andhra Pradesh (AP) by installing new washing line and PPCP Granules extrusion lines which is having annual capacity of 4,800 MTPA. The production from said plant will cater the needs of PP/HDPE Moulding & Fiber Industries globally. At present company is utilizing full capacity of its existing plastic plant and after the said expansion the capacity of Chittoor plant in plastic segment will be 6,000 MTPA.
The company has invested Rs 171 lakh partly by way of leasing & partly from its internal accruals for the said expansion. Further after the above expansion the total capacity of Chittoor plant in Lead & Plastic segment will be 34,000 MTPA.
Gravita India is a leading recycling company having its operations in Non-Ferrous Metals and Plastic Recycling.
| Company Name | CMP |
|---|---|
| Hindalco | 689.25 |
| Vedanta | 449.80 |
| Hindustan Zinc | 687.00 |
| Gravita India | 1062.45 |
| Ram Ratna Wires | 355.00 |
| View more.. | |
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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