Research ReportsGravita India Q1 Results Review - Better-Than-Expected Earnings; Capex Plan On Track: ICICI Securities
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Gravita India Q1 Results Review - Better-Than-Expected Earnings; Capex Plan On Track: ICICI Securities
Given the focus on a circular economy, relatively better margins compared to peers and high RoE, the brokerage raises its valuation multiple to 30 times (earlier 21x) on FY26E EPS.
Aluminium alloy ingots manufactured by Gravita India Ltd. (Source: Company website)
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