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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2017-07-18||Gravita India Ltd.||ICICI Securities Limited||81.25||81.25 (-37.78%)||Not Rated|
ICICI Securities Limited
We recently met the management of Gravita India (GIL) to understand the business model and long term prospects. Established in 1992, GIL is engaged in manufacturing and trading of lead and lead based products. The company carries out smelting of lead ore, concentrate and battery scrap to produce primary and secondary metal. GIL manufactures pure lead, lead alloys, lead powder and oxides. The company is also engaged in processing aluminium scrap to aluminium ingots/alloys and manufacturing of recycled polypropylene granules, PPCP Granules and...