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Mint

Gravita India on solid ground with regulatory tailwinds giving it a boost

Gravita India Ltd's shares hit a 52-week high of ₹2,660 due to new GST regulations and stricter environmental compliance. These changes are expected to formalize the recycling market, benefitting organized players like Gravita, which anticipates over 25% volume growth for FY25.

CNBC TV18

Gravita India to acquire its first recycling facility in Europe

Gravita India's subsidiary has executed a Memorandum of Understanding (MOU) to acquire a Waste Tyre Recycling plant in Romania from an existing entity based out in Romania having a capacity of approximately 17,000 MTPA.

The Economic Times

3 sectors that may give you freedom from worries this Independence Day

In a market insight, Siddhartha Khemka highlighted robust domestic liquidity and strong interest in quality IPOs. He noted pharma, FMCG, and automotive as promising sectors. Khemka also pointed out Gravita India and Signature Global for their growth potential. Additionally, he expressed optimism for new-age tech stocks like Zomato and Policybazaar.

The Economic Times

Leading out in style, Gravita India shares may go up to Rs 2,350: Motilal Oswal

Motilal Oswal recommended buying Gravita India shares with a target price of Rs 2,350, driven by industry tailwinds and favorable policies. Gravita’s core lead recycling business is set to grow, along with its Aluminum and Plastic segments. Risks include supply chain issues and regulatory changes.

Mint

Gravita India share price gains over 4% as MOFSL assigns ‘Buy’; sees 31% more upside for the multibagger smallcap stock

Gravita India shares have surged over 70% year-to-date (YTD), and the stock has given multibagger returns of more than 150% in one year and over 905% in three years.