Attracting Profits: How Gravita India Reeled In 620% Returns In 2 Years
If you had βΉ1 lakh invested in Gravita India in October 2020, you could have had βΉ7.2 lakhs today! This multibagger gave its investors 620% returns in just 2 years. Here’s a closer look at the company.
π Stock: Gravita India Ltd.
π NSE: $GRAVITA
π« About The Company
Gravita India was established in 1992 and is one of the largest lead producers in India.
The company has 4 specialised verticals:
β»οΈ Lead recycling
β»οΈ Aluminium recycling
β»οΈ Plastic recycling
β»οΈ Turnkey projects
The lead producer is environmentally conscious in its processes and has more than 500 skilled professionals.
The company recycles:
β‘ Used batteries
β‘ Cable scrap
β‘ Lead scrap
β‘ Aluminium scrap
β‘ Plastic scrap and more
It has more than 300 customer bases located in:
π Asia
π The Middle East
π Europe
π The United States of America
It serves more than 200 domestic customers located in 18 states of the country.
Gravita’s major clients are:
π Schneider Electric
π Exide
π Tata Batteries
π KEC
π Amara Raja
π KEI
π Prysmian Group
π Panasonic and more
It is in the process of establishing a new plant at Mundra, Gujarat.
Further, it has units located in:
π Ghana
π Mozambique
π Tanzania
π Nicaragua
π Senegal
π Jamaica
π Sri Lanka
These units are strategically located, as these places have an abundance of lead scraps and customers in the neighbouring regions.
π° Stock Value
On October 8, 2020, the shares of the company were trading at βΉ47.45, while they were priced at βΉ342.30 as of October 7, 2022.

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