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

If you had ₹1 lakh invested in Gravita India in October 2020, you could have had ₹7.2 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.
🏭 NSE: $GRAVITA

💫 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:
🔋 Schneider Electric
🔋 Exide
🔋 Tata Batteries
🔋 KEC
🔋 Amara Raja
🔋 KEI
🔋 Prysmian Group
🔋 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.

💰 Stock Value
On October 8, 2020, the shares of the company were trading at ₹47.45, while they were priced at ₹342.30 as of October 7, 2022.