SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gravita India surges as its arm enhances production capacity of existing lead recycling plant

13 Sep 2019 Evaluate

Gravita India is currently trading at Rs. 46.00, up by 0.80 points or 1.77% from its previous closing of Rs. 45.20 on the BSE.

The scrip opened at Rs. 47.00 and has touched a high and low of Rs. 47.50 and Rs. 45.10 respectively. So far 6645 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 125.50 on 14-Sep-2018 and a 52 week low of Rs. 30.10 on 09-Aug-2019.

Last one week high and low of the scrip stood at Rs. 48.00 and Rs. 38.90 respectively. The current market cap of the company is Rs. 311.36 crore.

The promoters holding in the company stood at 72.46%, while Institutions and Non-Institutions held 1.81% and 25.73% respectively.

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

1637.95 19.30 (1.19%)
16-Apr-2026 10:07 View Price Chart
Peers
Company Name CMP
Hindalco 1036.95
Vedanta 782.75
Hindustan Zinc 597.30
Jain Resource Recycl 420.20
Gravita India 1637.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×