Gravita India Inventory Value: Recycling firm Gravita India shares confirmed a bounce of as much as 10 % a day on 5 Could. The value on BSE went as much as a excessive of Rs 1995. On the finish of the buying and selling, the inventory closed practically 7 % at Rs 1933.40. The shares have been fiercely procured on account of good earnings within the January-March 2025 quarter. In March 2025, the corporate’s internet consolidated income elevated by about 37 % to Rs 94.92 crore on an annual foundation. The revenue was Rs 69.42 crore a yr in the past. Consolidated income from operations elevated by 20 % to Rs 1,037.07 crore. It was Rs 863.41 crore a yr in the past. The corporate’s EBITDA elevated by 32 % to Rs 128.17 crore, which was Rs 97.2 crore a yr in the past. The Ebitda margin rose to 11.9 %, which was 10.9 % within the March 2024 quarter. The Dividend’s announcement has been declared by the board of the knowledge associated to Rs 6.35 per share for FY 2025-26. A file date for this has been mounted on 8 Could 2025. Dividend might be paid on or earlier than 31 Could 2025. Gravita India gave a last dividend of Rs 5.20 per share for FY 2024. In keeping with the info of the share double BSE in a yr, Gravita India shares have doubled the cash in a yr. Nonetheless, within the yr 2025, it has seen a decline of 11 % up to now. The corporate’s market cap has been Rs 14200 crore. The corporate had a 59.27 % stake within the firm until the top of March 2025. The 52 -week excessive stage of the inventory was created on 18 September 2024. The 52 -week low of Rs 884.35 was noticed on 13 Could 2024. The corporate has set a capital expense of greater than Rs 600 crore by FY 2027. It will likely be funded with inner sources. The corporate isn’t taking any incremental date. For FY 2025, Gravita India had set a capital expenditure of Rs 180 crore. Disclaimer: Right here info offered is being offered right here just for info. It’s vital to say right here that the funding market available in the market is topic to dangers. All the time seek the advice of consultants earlier than investing cash as an investor. There may be by no means recommendation to anybody to speculate cash on behalf of Moneycontrol.
