/ Gravita India Surges Over 3% Bags Order Worth Rs 15 Crore ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 11 May 2017

Shares of Gravita India Ltd are surging over 3% on BSE as the engineering and lead recycling turnkey solution arm of Gravita as received orders worth Rs 15 crores from Metal Lead Factory for metal casting & Quiwan Groupm from the middle east region.

As oil economy is posing the challenge of sustainability to middle east countries hence their government is giving thrust to manufacturing and recycling sector and many new investments are taking place in this sector.

Gravita, a leading recycler of lead has a niche offering of lead recycling turnkey solution and executed over 50 projects in the past couple of years.

The said orders will be executed by the end of December 2017. BSE Metal index is trading in a positive territory up by over 77 points at 11086 levels.

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