Gravita India Shares Are Riding The Battery Recycling Boom. Can Q1 Results Keep The Rally Alive?
India, July 25 -- India's recycling industry is moving from informal operators towards larger organised companies. Tighter rules are improving the collection and tracking of used batteries, metals, plastics and tyres. This can increase scrap availability, but growth still depends on procurement, utilisation, product mix and margins.
Gravita India is one of the listed beneficiaries of this shift. The stock is trading in the range of Rs. 1,795-1,825 with a market capitalisation of around Rs. 13,400 crore. It has recovered about 43 percent from its 52-week low of Rs. 1,267. This sharp recovery means Q1 FY27 results will be closely watched.
Why Has Gravita India Attracted Investor Attention?
The company ended FY26 with revenue of Rs. 4,265...
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