Nomura Buys 4.64% Stake in Gravita India
Jaipur (Rajasthan) [India], May 31: Gravita India Limited (Gravita) a leading recycling company with 11 eco-conscious state-of-the-art manufacturing facilities across the globe. The Group has global footprint in 70+ countries having recycling DNA of 30+ years with 5 business verticals.
As per the block deal details from NSE Nomura has bought32,00,000 equity shares of the Company at ₹ 565 during block deal window, which is 4.64% of the equity of the Company.
With this, QIB holdings in the company almost reaches to 8% of the total equity
Want to get your story featured as above? click here!
Want to get your story featured as above? click here!
The strong performance and business growth kept attracting valuable investors to the company.
Today, the stock touched 52 weeks high of ₹ 601 and closed at₹ 578.90.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
