Gravita India gains 6% after launching QIP; check floor price, issue size

Quick Summary:

The board approved the floor price of the QIP at Rs 2,206.49 per share which implies a 1.4 per cent discount on Monday's closing of Rs 2239.

It is one of India's largest lead producers, with products like pure lead, lead alloys, aluminum alloys, and plastic granules forming its key offerings.

In the past one year, Gravita shares have gained 113 per cent against Sensex's rise of 14 per cent.

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Category: BusinessFinance

Markets: IndiaGhanaMozambiqueNetherlandsSenegalSri LankaTogo

Topics: Nifty Market today Markets Bse Gravita india ltd share price Gravita share price Gravita india qip Gravita india share Sensex Nse Gravita share price bse

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Article Type: News Report

Published On: 2024-12-17 @ 09:44:24 (5 hours ago)

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News Source URL: business-standard.com

Language: English

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