Gravita India shares stood at Rs 469.80 in Monday’s trade, up 1.44 per cent. The scrip is down 13 per cent from 52-week high of Rs 539.45 hit on February 13. Sharekhan’s target suggests a 27 per cent potential upside on the counter.

Gravita India shares: This Ashish Kacholia stock offers 27% upside potential, says Sharekhan

GNBV will be holding 50% of equity with management control in the said project and remaining equity will be held by other partners based at Oman. In Phase-1, Battery recycling plant will be established with a capacity of 6,000 MTPA.

Gravita India signs MoU to establish battery recycling plant in Oman

FSN E-Commerce Ventures Ltd, Newgen Software Technologies Ltd, Happiest Minds Technologies Ltd and Gravita India Ltd are among the other gainers in the BSE’s ‘A’ group today, 24 January 2023.

Route Mobile Ltd leads gainers in ‘A’ group

Analysts at ICRA believe that the company’s credit profile is likely to improve in the near term, supported by higher share of value-added products and healthy volumetric growth

Gravita India surges 8% to hit record high after strong Q3 results

Gravita India consolidated net profit rises 27.67% in the December 2022 quarter

Gravita India receives ratings action from ICRA

Tracxn Technologies Ltd, BLB Ltd, Gravita India Ltd and Nectar Lifescience Ltd are among the other gainers in the BSE’s ‘B’ group today, 12 December 2022.

Rajdarshan Industries Ltd leads gainers in ‘B’ group

Ahluwalia Contracts (India) jumped 6.73 per cent to Rs 468.45 after the company secured an order for Construction of 5000 seating capacity public auditorium at Guwahati

Why are shares of IndiGo, Ahluwalia Contracts, Gravita India & Dreamfolks rising today?

Emkay Global Financial is bullish on Gravita India has recommended buy rating on the stock with a target price of Rs 445 in its research report dated November 04, 2022.

Buy Gravita India; target of Rs 445: Emkay Global Financial

Gravita India consolidated net profit rises 20.62% in the September 2022 quarter

The company has plans to increase this capacity to 2,700 MTPA in next phase.

Gravita India commences plastic recycling vertical at Ghana, West Africa; Stock rises

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Gravita India Limited is engaged in manufacturing of lead. The Company's segments include manufacturing, turnkey projects and trading.