Gravita India shines on getting LME Brand Listing Certificate for lead metal
Gravita India is currently trading at Rs. 1721.75, up by 51.30 points or 3.07% from its previous closing of Rs. 1670.45 on the BSE.
The scrip opened at Rs. 1696.30 and has touched a high and low of Rs. 1730.00 and Rs. 1677.45 respectively. So far 22319 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1950.00 on 30-Jul-2025 and a 52 week low of Rs. 1267.00 on 02-Apr-2026.
Last one week high and low of the scrip stood at Rs. 1744.35 and Rs. 1,558.85 respectively. The current market cap of the company is Rs. 12,723.10 crore.
The promoters holding in the company stood at 55.88%, while Institutions and Non-Institutions held 19.07% and 25.04% respectively.
Gravita India has received the prestigious London Metal Exchange (LME) Brand Listing Certificate for lead metal produced at its Alloying and Refining Division located in Mundra, Gujarat. The product will be listed under the brand name ‘GRAVITA M’. The LME brand registration is globally recognized as one of the most stringent quality benchmarks in the metals industry, reflecting the highest standards of product quality, consistency, and reliability. LME-listed brands enjoy widespread acceptance and are actively traded across international markets.
With this achievement, the company joins a select group of Indian secondary lead smelters whose products are approved by the LME, reaffirming the Company's commitment to operational excellence and adherence to global quality standards.
With the successful registration of ‘GRAVITA M’, the company's lead metal is now eligible for delivery at all LME-approved warehouses worldwide, in addition to its existing deliverability on the Multi Commodity Exchange (MCX) in India. This certification significantly enhances the company’s credibility in the global metals market and is expected to create new opportunities for international business expansion.
