Gravita India Ltd (GRAVITA)
₹948.05▲1.46%
Gravita India Ltd share Performance
- ₹938.5₹952₹948.05
1.01%
Low
Day's Volatility:1.42%
High
0.42%
- ₹513.2₹1166₹948.05
45.87%
Low
52 Weeks Volatility:68.86%
High
22.99%
| Returns % | |
| 1 Month Return | -13.6 % |
| 3 Month Return | 9.03 % |
| 1 Year Return | 68.2 % |
| Market Stats | |
| Previous Close | ₹934.40 |
| Open | ₹948.10 |
| Volume | 1.74L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹6,450.90Cr |
Analyst Rating
based on 4 analysts
Based on 4 analysts offering long term price targets for Gravita India Ltd. An average target of ₹1208.75
Source: S&P Global Market Intelligence
Company Information
Gravita India Ltd is involved in the manufacturing and exporting of lead and lead products, including lead acid batteries, lead alloys, lead oxides, lead sheets, lead powder, and lead shot. The company also produces lead scraps and secondary lead.
The company's top products include lead acid batteries, lead alloys, lead sheets, and lead powder. These products are used in a variety of industries, including automotive, telecommunications, and power storage. Gravita India Ltd also produces lead scraps and secondary lead. Gravita India Ltd's popular brands include Gravita, Gravita Power, and Gravita Plus. Gravita India Ltd is a leading manufacturer and exporter of lead and lead products.
Share Price: ₹948.05 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹6,450.90Cr as of today
Revenue: ₹757.77Cr as on December 2023 (Q4 23)
Net Profit: ₹61.47Cr as on December 2023 (Q4 23)
Listing date: 16 Nov, 2010
Chairperson Name: Mahavir Prasad Agarwal
| Organisation | Gravita India Ltd |
| Headquarters | Jaipur |
| Industry | Non Ferrous Metals |
| E-voting on shares | Click here to vote |
Key events for Gravita India Ltd
Gravita India Reports Strong Q4 Results and Positive Guidance - 03 May, 2024
Gravita India reports strong Q4 results with significant YoY revenue and profit growth, declares a final dividend of Rs 5.2. The company also provides positive guidance for FY25E with expected volume growth and added sectors to its Vision 2028 plan.
Gravita India Misses Revenue Estimates, Stock Declines - 02 May, 2024
Gravita India misses analyst revenue estimates for FY 2024 but reports a 19% increase in net income. The stock declines by 7.15% due to weak market sentiment and trades below its 30-day average volume. Analysts maintain a buy rating with a 39.6% potential upside.
Gravita India Ltd Shares Gain 28% in a Month - 12 Apr, 2024
Gravita India Ltd shares have gained 28% in the past month, with an annual gain of 106%. The company's P/E ratio is middle-of-the-road compared to the market in India. The next three years should generate growth of 20% per year as estimated by four analysts watching the company.
Goldman Sachs Holds Stake in Gravita India; Revenue Declines in Q3FY24 - 07 Apr, 2024
Gravita India's latest shareholding pattern data reveals that Goldman Sachs holds a 1.74% stake in the company. The company's Q3FY24 revenue from operations declined by 3.92% to Rs. 758 Crores, with profits increasing to Rs. 61 Crores.
Fundamentals of Gravita India Ltd
Insights on Gravita India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 0.04% to 0.05% in Mar 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, GRAVITA has outperformed top 5 stocks with highest market-cap in Specialty Mining & Metals
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 10.58% to 11.08% in Mar 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 52.08 Cr → 60.27 Cr (in ₹), with an average increase of 7.0% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Hindustan Copper Ltd has given 260.2% return, outperforming this stock by 192.0%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 66.48% of holdings in Mar 2024 quarter
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 850.31 Cr → 773.21 Cr (in ₹), with an average decrease of 9.1% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 21.06% to 20.55% in Mar 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, GRAVITA stock has moved down by -13.6%
Gravita India Ltd Valuation
Gravita India Ltd in the last 5 years
Lowest (6.71x)
May 19, 2020
Industry (26.90x)
May 3, 2024
Today (27.18x)
May 3, 2024
Highest (59.39x)
July 1, 2019
Mutual Fund Holdings
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 66.48% | 0.00 | |
| Foreign Institutions | 11.08% | 0.00 | |
| Mutual Funds | 0.05% | 0.00 | |
| Retail Investors | 20.55% | 0.00 | |
| Others | 1.84% | 0.00 |
Technicals of Gravita India Ltd share
News & Events of Gravita India Ltd
Frequently Asked Questions
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Gravita India Ltd (GRAVITA) share price today is ₹948.05
Gravita India Ltd is listed on NSE
Gravita India Ltd is listed on BSE
- Today’s highest price of Gravita India Ltd is ₹952.
- Today’s lowest price of Gravita India Ltd is ₹938.5.
PE Ratio of Gravita India Ltd is 27.18
PE ratio = Gravita India Ltd Market price per share / Gravita India Ltd Earnings per share
Today’s traded volume of Gravita India Ltd(GRAVITA) is 1.74L.
Today’s market capitalisation of Gravita India Ltd(GRAVITA) is ₹6450.9Cr.
| Gravita India Ltd(GRAVITA | Price |
|---|---|
52 Week High | ₹1166 |
52 Week Low | ₹513.2 |
Gravita India Ltd(GRAVITA) share price is ₹948.05. It is down -18.69% from its 52 Week High price of ₹1166
Gravita India Ltd(GRAVITA) share price is ₹948.05. It is up 84.73% from its 52 Week Low price of ₹513.2
| Gravita India Ltd(GRAVITA | Returns |
|---|---|
1 Day Returns | 13.65% |
1 Month Returns | -13.6% |
3 Month Returns | 9.03% |
1 Year Returns | 68.2% |