SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gravita India falls despite reporting 22% rise in Q2 consolidated net profit

22 Oct 2024 Evaluate

Gravita India is currently trading at Rs. 2179.20, down by 215.05 points or 8.98% from its previous closing of Rs. 2394.25 on the BSE.

The scrip opened at Rs. 2400.05 and has touched a high and low of Rs. 2415.00 and Rs. 1948.25 respectively. So far 43974 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2699.85 on 18-Sep-2024 and a 52 week low of Rs. 730.95 on 13-Mar-2024.

Last one week high and low of the scrip stood at Rs. 2609.20 and Rs. 1948.25 respectively. The current market cap of the company is Rs. 14682.98 crore.

The promoters holding in the company stood at 63.37%, while Institutions and Non-Institutions held 17.22% and 19.41% respectively.

Gravita India has reported 16.25% rise in its net profit at Rs 50.58 crore for the quarter ended September 30, 2024 as compared to Rs 43.51 crore for the same quarter in the previous year. Total income of the company increased by 14.32% at Rs 804.71 crore for Q2FY25 as compared to Rs 703.88 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 22.23% rise in net profit at Rs 71.92 crore for Q2FY25 as compared to Rs 58.84 crore for the same quarter in the previous year. Total income of the company increased by 13.81% at Rs 967.78 crore for Q2FY25 as compared to Rs 850.31 crore for the corresponding quarter previous year.


Gravita India Share Price

1644.50 -4.85 (-0.29%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1021.70
Vedanta 767.05
Hindustan Zinc 588.45
Jain Resource Recycl 419.55
Gravita India 1644.50
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:

×