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01-Sep2017

Gravita India trades jubilantly on the BSE

Gravita India is currently trading at Rs. 130.10, up by 9.05 points or 7.48% from its previous closing of Rs. 121.05 on the BSE.

The scrip opened at Rs. 122.95 and has touched a high and low of Rs. 134.65 and Rs. 122.95 respectively. So far 532506 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 134.65 on 1-Sept-2017 and a 52 week low of Rs. 28.25 on 29-Sep-2016.

Last one week high and low of the scrip stood at Rs. 134.65 and Rs. 110.80 respectively. The current market cap of the company is Rs. 878.39 crore.

The promoters holding in the company stood at 73.02%, while institutions and non-institutions held 4.59% and 22.39% respectively.

LTS Investment Fund has offloaded 12.95 lakh shares of Gravita India at Rs 114.04 on the BSE on August 31, 2017. However, SBI Small and Midcap NSDL Fund has bought 7.90 lakh shares of the company at Rs 114.11 on the same day.

Gravita is a public listed company and has carved a niche for itself, in the field of recycling in a very short span of time. It has 8 manufacturing setups in 6 countries.


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