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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 | 138B |
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Beta | 0.63 |
PE Ratio | 42.01 |
Target Price | 2181.8572 |
Dividend Yield | 0.3% |
Gravita India Limited manufactures and recycles aluminum, plastic, lead, and lead products 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 manufactures lead metal products, including pure lead/refined lead ingots, red lead, litharge, lead sub oxide, and lead coolant in nuclear power, as well as lead alloys, sheets, plates, balls, bricks, wool, sheath, weights, powder, wire, and metal; plastic products, such as recycled polypropylene granules, polycarbonate, HDPE, ABS granules, chips, and compounds; and aluminium solutions, including various metals and foundry alloys. It also offers consultancy services for recycling operations; turnkey solutions for recycling processes and solutions; and lead chemicals, such as soda ash, mill scale, iron and cast iron chips, tin, arsenic, calcium aluminium alloy, lead and aluminium chloride, sulphur, caustic soda, antimony ingots, and iron pyrite. In addition, the company trades in aluminium scraps, such as taint tabor and tense aluminium; and procures battery, plastic, and rubber scrap materials. The company also exports its products. Gravita India Limited was incorporated in 1992 and is based in Jaipur, India.
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