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Gravita India rises on reporting 98% rise in Q1 consolidated net profit

04 Aug 2022 Evaluate

Gravita India is currently trading at Rs. 282.10, up by 0.35 points or 0.12% from its previous closing of Rs. 281.75 on the BSE.

The scrip opened at Rs. 288.00 and has touched a high and low of Rs. 288.95 and Rs. 280.20 respectively. So far 3085 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 398.20 on 03-Feb-2022 and a 52 week low of Rs. 162.50 on 11-Aug-2021.

Last one week high and low of the scrip stood at Rs. 308.20 and Rs. 278.00 respectively. The current market cap of the company is Rs. 1934.44 crore.

The promoters holding in the company stood at 73.00%, while Institutions and Non-Institutions held 1.13% and 25.87% respectively.

Gravita India has reported rise of 95.57% in its net profit at Rs 16.33 crore for the quarter ended June 30, 2022 as compared to Rs 8.35 crore for the same quarter in the previous year. Total income of the company increased by 37.06% at Rs 543.90 crore for Q1FY23 as compared Rs 396.83 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 97.83% in its net profit at Rs 44.65 crore for the quarter ended June 30, 2022 as compared to Rs 22.57 crore for the same quarter in the previous year. Total income of the company increased by 40.81% at Rs 630.01 crore for Q1FY23 as compared Rs 447.43 crore for the corresponding quarter previous year.

Gravita India Share Price

1722.15 51.05 (3.05%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1054.65
Vedanta 303.90
Hindustan Zinc 611.00
Jain Resource Recycl 459.35
Gravita India 1722.15
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