ANI PR Wire
20 Jan 2023, 21:30 GMT+10
New Delhi [India], January 20 (ANI/PNN): Gravita India Limited (Gravita) is a strong established company recycling various materials like Lead, plastic, aluminum and rubber by establishing its footprint in the overseas market. The company has fifteen eco-friendly manufacturing facilities across three continents: Africa, Asia and Central America. The overall current capacity is 2,27,719 MTPA with 67 per cent in India and 33 per cent overseas.
As per the updated shareholding pattern Goldman Sach India Equity has bought 10,89,213 equity shares of the Company during October- December quarter. This brings to 1.58 per cent stake in the Company.
Similarly, veteran investor Ashish Kacholia has also increased its holding in Gravita India. As per September holding, Kacholia was holding 13,51,649 equity shares with 1.96 per cent stake in the Company. During October-December quarter, his holding in the Company is increased to 14,34,399 shares with 2.08 per cent stake in the Company.
Earlier, the Abu Dhabi Investment Authority -- a sovereign state-owned wealth fund -- has bought 556,493 equity shares of Gravita India Ltd at a price of Rs 332 per share in a block deal on October 7th, 2022. This accounts for 0.81 per cent share in Gravita India Ltd.
Institutional holding has increased from 0.79 per cent in September quarter to 3.49 per cent in December quarter.
The strong performance and business growth kept attracting valuable investors to the Company.
Today, the stock is trading around Rs 470; almost doubled in last 6 months.
This story is provided by PNN. ANI will not be responsible in any way for the content of this article. (ANI/PNN)
Get a daily dose of Herald Globe news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Herald Globe.
More InformationNEW YORK CITY, New York: After being convicted of stealing more than $900,000 from the company, Rosita Joseph, former executive ...
WASHINGTON D.C.: The US State Department has said that in the latest fiscal year, US military equipment exported to foreign ...
MACAU CITY, Macau: Over the Lunar New Year holiday, Macau, the world's largest gambling hub, witnessed a resurgence of tourists ...
WASHINGTON D.C.: Republican US Senator Josh Hawley has said that he plans to introduce a bill to ban the use ...
WASHINGTON D.C.: This week, the US Food and Drug Administration (FDA) proposed significant limits on levels of lead in processed ...
WASHINGTON, D.C.: Finland and Sweden are prepared to join the NATO alliance, the U.S. State Department announced this week.The move ...
The Philadelphia Eagles are the early favorites to beat the Kansas City Chiefs in Super Bowl LVII on Feb. 12, ...
Giannis Antetokounmpo had 50 points and 13 rebounds and the host Milwaukee Bucks rolled to a 135-110 victory over the ...
Potchefstroom [South Africa], January 30 (ANI): Following the ICC Women's U19 T20 World Cup triumph, India skipper Shafali Verma has ...
Mumbai (Maharashtra) [India], January 30 (ANI): Megastar Amitabh Bachchan never misses an opportunity to hail the victory of the women's ...
Lucknow (Uttar Pradesh) [India], January 30 (ANI): Following India's triumph in the ICC Women U19 T20 World Cup, the national ...
Harrison Butker kicked the Kansas City Chiefs back to the Super Bowl. Butker made a 45-yard field goal and the ...