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Company Profile

GRAVITA INDIA LTD.

NSE : GRAVITABSE : 533282ISIN CODE : INE024L01027Industry : Metal - Non FerrousHouse : Gravita
BSE911.30-3.65 (-0.4 % )
PREV CLOSE (Rs.) 914.95
OPEN PRICE (Rs.) 933.25
BID PRICE (QTY) 905.10 (2 )
OFFER PRICE (QTY) 913.00 (38 )
VOLUME 9397
TODAY'S LOW / HIGH (Rs.)907.00 933.25
52 WK LOW / HIGH (Rs.)536 1167.05
NSE911.35 -4.05 (-0.44 % )
PREV CLOSE(Rs.) 915.40
OPEN PRICE (Rs.) 926.65
BID PRICE (QTY) 911.35 (161 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 216004
TODAY'S LOW / HIGH(Rs.) 905.00 926.65
52 WK LOW / HIGH (Rs.)535.55 1166

Company News

Date Heading Details
30-Apr-2024 Appointment of Director Inter alia, approved:- 1. Considered and Declared the Interim Dividend of Rs. 5.20/- (260%) per equity share of Rs. 2/- each for the financial year 2024-25. Also, in terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has fixed Tuesday, 14 th May, 2024, as the ?Record Date? for the purpose of ascertaining the eligibility of shareholders for the payment of Interim Dividend and the payment of interim dividend/dispatch of dividend warrants will be done on or before 29th May, 2024; 2. Considered and recommended the appointment of Mr. Satish Kumar Agrawal (DIN: 10462319) as a NonExecutive Independent Director of the Company, subject to approval of Shareholders.
09-Apr-2024 Clarification On Price Movement As per your letter No. L/SURV/ONL/PV/NS/2024-2025/4138 dated 08th April 2024 with respect to clarification on Price Movement in the shares of the company in this regard please be informed that the company has made all the necessary disclosure pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 and has not withheld any material /price sensitive information that in our opinion would have bearing on the volume behaviour of the scrip.
13-Mar-2024 Gravita India informs about analyst meet <div>Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Gravita India has informed that the schedule of Analyst/ Institutional Investor meeting with the company to be held on 20th March, 2024 is enclosed.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><span style="white-space: pre; white-space: normal;"> </span></div>
06-Mar-2024 Gravita India's arm increases capacity of recycling unit in Tanzania <p style="text-align: justify;">Gravita India's step-down wholly owned subsidiary -- Gravita Tanzania has increased capacity of its existing recycling unit situated at Tanzania. The existing capacity of said unit for battery recycling has been increased by 5,000 MTPA bringing the total capacity of battery recycling of this unit to 12,000 MTPA.&nbsp;</p><p style="text-align: justify;">With this expansion the total capacity of Gravita Group has reached to 2,90,859 MTPA which is in line with company's target to reach 4,25,000 MTPA by FY 2026. The production from said plant will cater to the needs of battery industry globally and support the establishment of a circular economy in the global recycling market. The investment in the said capacity expansion is around Rs 3.33 crore which has been funded through internal accruals of the company.</p><p style="text-align: justify;">Gravita India is a leading recycling company having its operations in Non-Ferrous Metals and Plastic Recycling.&nbsp;</p><div style="text-align: justify;"><br></div>
29-Jan-2024 Gravita India informs about transcript of conference call <div style="text-align: justify;">Pursuant to Regulation 30 and 46 read with clause 15 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Gravita India has informed that it enclosed the transcript of the earnings conference call for the quarter and nine months ended 31st December 2023 conducted on 24th January 2024. The above information is also available on the website of Company.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
23-Jan-2024 Gravita India informs about un-audited financial results <div style="text-align: justify;">In Compliance of Regulation 33 of Securities and Exchange Board of India (Listing Obligations Disclosure Requirements) Regulations, 2015, Gravita India has informed that it enclosed the Un-Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Nine Months ended 31st December, 2023 along with the Limited Review Report on the said results from the Statutory Auditors of the Company of the even date.</div><div style="text-align: justify;"><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
05-Jan-2024 Gravita India informs about compliance certificate <div style="text-align: justify;">Gravita India has informed that it enclosed Certificate Under Regulation 74 (5) of Securities and Exchange Board of India (Depositories and Participants ) Regulation,2018 for the quarter ended December 31, 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
07-Dec-2023 Gravita India's arm starts commercial production of recycled polypropylene granules at Tanzania plant <p style="text-align: justify;">Gravita India's step down subsidiary situated in Tanzania, East Africa has started commercial production of Recycled Polypropylene Granules from its new plastic recycling plant having an annual capacity of around 1,800 MTPA. The company is already having similar plastic recycling facility in Ghana, Senegal, Mozambique and India. Further, this is in line with the company's vision of replicating the recycling business in different geographies.</p><p style="text-align: justify;">The Group has made investment of around Rs 2.25 crore for procurement and commissioning of the said Recycling Plant which is invested from internal accruals of the company. The company will be procuring domestic plastic scrap for the purpose of production from this plant and it will cater to the needs of plastic manufacturing industries situated in Europe &amp; Asia. This plant will help company to change its sales mix by increasing the contribution from plastic business.</p><p style="text-align: justify;">Gravita India is a leading recycling company having its operations in Non-Ferrous Metals and Plastic Recycling.&nbsp;</p>
07-Dec-2023 Gravita India informs about press release <div>Gravita India has informed that it enclosed press release titled ‘Gravita starts Plastic Recycling Plant in Tanzania'.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
07-Dec-2023 Gravita India jumps after its arm starts commercial production of recycled polypropylene granules at Tanzania plant <p style="text-align: justify;">Gravita India is currently trading at Rs. 1083.95, up by 20.25 points or 1.90% from its previous closing of Rs. 1063.70 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1062.95 and has touched a high and low of Rs. 1094.50 and Rs. 1054.90 respectively. So far 7265 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1167.05 on 13-Nov-2023 and a 52 week low of Rs. 381.30 on 07-Dec-2022.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1139.60 and Rs. 1051.30 respectively. The current market cap of the company is Rs. 7427.44 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 66.48%, while Institutions and Non-Institutions held 10.41% and 23.11% respectively.</p><p style="text-align: justify;">Gravita India's step down subsidiary situated in Tanzania, East Africa has started commercial production of Recycled Polypropylene Granules from its new plastic recycling plant having an annual capacity of around 1,800 MTPA. The company is already having similar plastic recycling facility in Ghana, Senegal, Mozambique and India. Further, this is in line with the company's vision of replicating the recycling business in different geographies.</p><p style="text-align: justify;">The Group has made investment of around Rs 2.25 crore for procurement and commissioning of the said Recycling Plant which is invested from internal accruals of the company. The company will be procuring domestic plastic scrap for the purpose of production from this plant and it will cater to the needs of plastic manufacturing industries situated in Europe &amp; Asia. This plant will help company to change its sales mix by increasing the contribution from plastic business.</p><p style="text-align: justify;">Gravita India is a leading recycling company having its operations in Non-Ferrous Metals and Plastic Recycling.&nbsp;&nbsp;</p><div style="text-align: justify;"><br></div>