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Gravita India’s arm enhances production capacity of existing lead recycling plant

13 Sep 2019 Evaluate

Gravita India’s step down subsidiary -- Recyclers Ghana, West Africa, has enhanced the production capacity of its existing Lead Recycling Plant from 6,000 MTPA to 12,000 MTPA. The Group has made investment of around Rs 21 crore for establishment of this Recycling Plant having capacity of 12,000 MTPA which has been invested from internal accruals of the company.

The production from the Ghana plant will provide strategic advantage to the company to cater to the European and US Market. This plant will help the company to save the logistics cost which will reduce the working capital cycle of the company resulting in better margins.

Gravita India is a leading recycling company having its operations in Non-Ferrous Metals and Plastic Recycling.

Gravita India Share Price

1618.65 64.35 (4.14%)
15-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1011.70
Vedanta 765.90
Hindustan Zinc 580.35
Jain Resource Recycl 419.05
Gravita India 1618.65
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