Gravita India’s bold European move sends shares soaring—what this means for investors

Gravita India’s bold European move sends shares soaring—what this means for investors

Shares of Gravita India Limited jumped 9% to Rs 2,538 on 13 September 2024, following an announcement of a major expansion into Europe. The surge in trading volume came after Gravita revealed plans to acquire its first recycling plant in Romania through its subsidiary, Gravita Netherlands BV. This strategic move is part of Gravita’s effort […]

Gravita Tanzania announces significant expansion in recycling capacity

Gravita Tanzania announces significant expansion in recycling capacity

Gravita India Limited, a frontrunner in the recycling industry with a global manufacturing presence, has officially announced a significant expansion in the capacity of its subsidiary, Gravita Tanzania Limited. This strategic enhancement escalates the unit’s battery recycling capacity by 5,000 Metric Tonnes Per Annum (MTPA), elevating the total capacity to 12,000 MTPA. This expansion is […]

Gravita India’s Pure Lead earns MCX approval, opens new opportunities

Gravita India’s Pure Lead earns MCX approval, opens new opportunities

Gravita India Limited, a leading international recycling company, announced today that its Pure Lead product, with 99.98% purity or above, produced at its plant in Phagi, Jaipur, has been empanelled as approved lead brands deliverable against the Multi Commodity Exchange of India Limited (MCX) lead futures contract. The Pure Lead manufactured by the company’s Chittoor […]

Gravita India begins production from aluminium recycling plant in Senegal

Gravita India begins production from aluminium recycling plant in Senegal

Gravita India Limited, an Indian recycling company, announced that it has begun commercial production of aluminium at its new recycling plant in Senegal through its step down subsidiary in the West African country. The aluminium recycling plant in Senegal has a yearly capacity of about 4,000 MTPA. Gravita India hopes to get additional revenue of […]

Gravita India commissions aluminum recycling plant in Mozambique

Gravita India commissions aluminum recycling plant in Mozambique

Gravita India Ltd, a Jaipur-based recycling company, said that one of its step down subsidiaries in Mozambique has begun commercial production of aluminum from its new recycling plant. The new recycling plant in Mozambique has an annual capacity of nearly 4,000 MTPA, adding to the company’s existing lead recycling facility of 4,500 MTPA. Gravita India […]