Gravita India surged 93.48% over the past year

Tagged: 

  • Creator
    Discussion
  • #10193

    Sonu
    Keymaster

    Gravita India reported a 31% growth in revenue to ₹996 crore and a 28% rise in net profit to ₹78 crore for Q3 FY25.

    The stock has surged 93.48% over the past year, driven by strong institutional interest and robust growth prospects in the recycling sector.

    Gravita India successfully raised ₹1,000 crore (₹10 billion) through a Qualified Institutional Placement (QIP) to support debt repayment and fund expansion plans, receiving strong participation from leading institutional investors.

Log in to reply.