-
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.
Sector | Industrials |
---|---|
Industry | Metal Fabrication |
ISIN | INE024L01027 |
CurrencyCode | INR |
Exchange | NSE |
PE Ratio | 19.4 |
---|---|
Market Cap | 35B |
Target Price | 600 |
Beta | 0.9 |
Dividend Yield | 0.0% |
Gravita India Limited manufactures and recycles aluminum, lead, and lead products in India 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 and remelted lead ingots, as well as lead-antimony alloy, lead-selenium alloy, lead-calcium alloy, lead-copper alloy, lead-tin solder alloy, arsenic, etc. It also offers lead products comprising sheets, powder, plates, balls, wires, bricks, wool, foils, cames, flanges, blankets, weights, sheaths, pipes, and anodes, as well as lead coolants for nuclear power application. In addition, the company provides lead chemicals and oxides consisting of lead sub oxide, red lead, litharge, lead nitrate, and lead mono silicate products in powder and granule forms. Further, it manufactures aluminum alloys; and plastic products, such as polypropylene granules and PET bottle flakes, as well as provides turn-key solutions for lead-acid battery recycling processes and plants. The company also exports its products. Gravita India Limited was incorporated in 1992 and is based in Jaipur, India.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for GRAVITA.NSE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024