Gravita India Shares Jump on Recycling Scheme News

Published 1 year ago

Gravita India (GRAI.NS) shares rose 3.6% to 1,892 rupees, reversing a three-day decline, following news of a government incentive scheme for critical mineral recycling, including lithium-ion batteries.

The government scheme offers capex subsidies to recyclers.
GRAI focuses on lead, aluminum, and plastic recycling.
GRAI underperformed the Nifty 500 index YTD.

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