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 Kolkata Sun 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 Kolkata Sun.
More InformationNearly a year in, the war in Ukraine has cost tens of thousands of lives and brought the world to ...
WASHINGTON D.C.: The US House of Representatives has passed a bill that limits the ability of US Energy Secretary Jennifer ...
BOSTON, Massachusetts: Russian businessman Vladislav Klyushin, who has ties to the Kremlin, has been accused of making tens of millions ...
TOKYO, Japan: In light of a tense security environment following Russia's invasion of Ukraine and Moscow's growing military cooperation with ...
DALLAS, Texas: Oil and gas pipeline operators are preparing to stockpile equipment following severe weather forecasts for the next few ...
WASHINGTON D.C.: As US lawmakers investigate the Chinese-owned video-sharing app TikTok, its Chief Executive, Shou Zi Chew, has confirmed that ...
NEW DELHI, India: Marking a year since the Tata Group took control of Air India, the former state-run carrier has ...
Ahmedabad (Gujarat) [India], January 30 (ANI/Big News Network): The Adani group, in a sharp and focused response to Hindenburg Research's ...
New Delhi [India], February 4 (ANI): The court has power to monitor and supervise the investigation, so as to ensure ...
Washington [US], February 4 (ANI): The United States and India are looking at each other as trusted partners and their ...
Mumbai (Maharashtra) [India], February 4 (ANI): Actor Urmila Matondkar was known as a fashion and glamour star of the 90s. ...
Srinagar (Jammu and Kashmir) [India], February 4 (ANI): Kashmir's youngest social media influencer, will be one among many of his ...