India, Feb. 26 -- The shares of this company, which is one of the largest lead producers in India and has its business organised across four specialised verticals: lead recycling, aluminium recycling, plastic recycling and turnkey projects, were in momentum today after the company announced its capex, which triggered a share price jump.

With a market cap of Rs 11,897 crore, the shares of Gravita India Ltd gained 4% in today's trading session and reached a high of Rs 1,655.85. When compared to its previous day's closing price of Rs 1,594.10, it is trading at a PE of 31.4 compared to its industry PE of 17.6. The shares have given a return of more than 1,600% in the last 5 years.

About the capex Gravita India's shares rose by 4% as the co...