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1 Comment
Gravita India Limited is currently in a long term uptrend where the price is trading 67.3% above its 200 day moving average.
From a valuation standpoint, the stock is 94.0% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.5.
Gravita India Limited's total revenue sank by 0.8% to $4B since the same quarter in the previous year.
Its net income has increased by 28.5% to $157M since the same quarter in the previous year.
Finally, its free cash flow grew by 617.2% to $424M since the same quarter in the previous year.
Based on the above factors, Gravita India Limited gets an overall score of 4/5.
ISIN | INE024L01027 |
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Sector | Industrials |
Industry | Metal Fabrication |
Exchange | NSE |
CurrencyCode | INR |
Market Cap | 121B |
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Beta | 0.5 |
PE Ratio | 34.51 |
Target Price | 2396.125 |
Dividend Yield | 0.0% |
Gravita India Limited manufactures and recycles lead metal, lead products, aluminium alloys, and plastic granules in India, the United Arab Emirates, South Korea, and internationally. It operates through Lead Processing, Aluminium Processing, Turn-Key Solutions, and Plastic Manufacturing segments. The company engages in smelting of lead battery scrap/lead concentrate to produce secondary lead metal, such as pure lead, specific lead alloy, lead oxides, and lead products like lead sheets, lead powder, lead shot, etc.; granules, including polypropylene, polycarbonate, HDPE, and ABS; trading of taint tabor and tense aluminium scraps; and manufacture of alloy from melting of aluminium scrap. It also offers consultancy services for recycling operations; turnkey solutions for recycling processes and solutions; procures raw materials which include battery, aluminium, plastic, and rubber scrap; and extended producer responsibility recycler and compliance services. The company also exports its products. Gravita India Limited was incorporated in 1992 and is based in Jaipur, India.
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