Nomura buys 4.64 per cent stake in Gravita India

ANI
30 May 2023, 19:26 GMT+10

PNNJaipur (Rajasthan) [India], May 30: Gravita India Limited (Gravita) a leading recycling company with 11 eco-conscious state-of-the-art manufacturing facilities across the globe. The Group has global footprint in 70 countries having recycling DNA of 30 years with 5 business verticals.

As per the block deal details from NSE Nomura has bought 32,00,000 equity shares of the Company at Rs 565 during block deal window, which is 4.64 per cent of the equity of the Company.

With this, QIB holdings in the company almost reaches to 8 per cent of the total equity.

The strong performance and business growth kept attracting valuable investors to the company.

Today, the stock touched 52 weeks high of Rs 601 and closed at Rs 578.90.

(Disclaimer: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kolkata Sun.

More Information

null in null

International

Section

Faulty IT system at heart of UK Post Office scandal, says report

LONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...

Travelers can now keep shoes on at TSA checkpoints

WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...

Rubio impersonator used AI to reach officials via Signal: cable

WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...

Warsaw responds to migration pressure with new border controls

SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...

Deadly July 4 flash floods renew alarm over NWS staffing shortages

WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...

Putin fires transport chief, later found dead in suspected suicide

MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...

India

Section