Attracting Profits: How Gravita India Reeled In 620% Returns In 2 Years

Published by Trinkerr Academy on

If you had β‚Ή1 lakh invested in Gravita India in October 2020, you could have had β‚Ή7.2 lakhs today! This multibagger gave its investors 620% returns in just 2 years. Here’s a closer look at the company.

🏭 Stock: Gravita India Ltd.

πŸ’« 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:
♻️ Lead recycling
♻️ Aluminium recycling
♻️ Plastic recycling
♻️ Turnkey projects

The lead producer is environmentally conscious in its processes and has more than 500 skilled professionals.
The company recycles:
⚑ Used batteries
⚑ Cable scrap
⚑ Lead scrap
⚑ Aluminium scrap
⚑ Plastic scrap and more

It has more than 300 customer bases located in:
🌍 Asia
🌍 The Middle East
🌍 Europe
🌍 The United States of America

It serves more than 200 domestic customers located in 18 states of the country.
Gravita’s major clients are:
πŸ”‹ Schneider Electric
πŸ”‹ Exide
πŸ”‹ Tata Batteries
πŸ”‹ KEC
πŸ”‹ Amara Raja
πŸ”‹ KEI
πŸ”‹ Prysmian Group
πŸ”‹ Panasonic and more

It is in the process of establishing a new plant at Mundra, Gujarat.
Further, it has units located in:
🌐 Ghana
🌐 Mozambique
🌐 Tanzania
🌐 Nicaragua
🌐 Senegal
🌐 Jamaica
🌐 Sri Lanka

These units are strategically located, as these places have an abundance of lead scraps and customers in the neighbouring regions.

πŸ’° Stock Value
On October 8, 2020, the shares of the company were trading at β‚Ή47.45, while they were priced at β‚Ή342.30 as of October 7, 2022.


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