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Gravita India closes its step-down subsidiary

27 Feb 2020 Evaluate

Gravita India has closed its step-down subsidiary -- Gravita Cameroon. The company has closed its subsidiary due to operational losses. Gravita Cameroon’s net worth as on March 31, 2019 was Rs 69.49 lakh.

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

Peers
Company Name CMP
Hindalco Industries 975.00
Vedanta 262.00
Hindustan Zinc 590.25
Jain Resource Recycl 291.40
CMR Green Tech 229.40
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