Gravita India Limited (GRAVITA) fell -5% to ₹1697.9 on the NSE on 28 Jul 2026, following the announcement of the closure of certain operations. Despite this setback, the stock remains in a consolidating uptrend, indicating resilience. Gravita India, a key player in metal fabrication, continues to show strength in a sector that has seen mixed performance, suggesting that today’s move is more company-specific rather than a sector-wide trend.

Technical setup — trendlines & DMA

From a technical standpoint, GRAVITA has broken out of its 6-month trendline, with the current price sitting comfortably above the 6-month support trendline at ₹1609.31, marking a 5.22% increase. The resistance trendline stands at ₹1845.47, which is 8.69% above the current price. The 50-DMA at ₹1695.2 is above the 200-DMA at ₹1658.0, signaling a bullish trend. GRAVITA is currently trading in the middle third of its 52-week range, indicating that a significant portion of its potential move is already priced in, with room for further upside given its position relative to the 52-week high.

Fundamentals & business context

Fundamentally, GRAVITA’s PE of 34.4, coupled with an 8.9% profit margin, suggests that the market is pricing in robust growth expectations, which are supported by a 15.2% revenue CAGR over the past 5 years and a 23.5% profit CAGR. The 10.6% institutional holding indicates a degree of confidence from sophisticated investors, though the thin profit margin and negligible dividend yield may raise concerns about sustainability and income generation. There was no specific NSE catalyst today, but the overall business quality, as reflected in consistent revenue growth and low debt, remains strong.

Algorithmic scorecard

The overall algorithmic scorecard reflects a balanced view of GRAVITA, with strong technical indicators offset by some fundamental weaknesses. The strongest signals include the VERY GOOD revenue CAGR of 15.2% and the EXCELLENT profit CAGR of 23.5%, indicating solid growth momentum. Additionally, the VERY LOW DEBT with a D/E of 0.00 showcases excellent financial health. On the weaker side, the LOW MARGIN of 8.9% leaves little room for error, and the NEGLIGIBLE DIVIDEND yield of 0.64% offers little income to shareholders. These factors highlight the need for careful monitoring of profit margins and potential future dividend policies.

Company outlook

Management provided a confident forward guidance, targeting a CAGR of 20%-25% in volume terms over the next three years. For FY ’27, the company expects a volume growth of around 20%-25% across divisions. The blended tax rate is expected to be in the range of 17%-18%. GRAVITA plans to establish a copper recycling facility in Mandvi, Gujarat, with an initial capacity of 29,400 metric tons per annum by incurring a capex of approximately INR 160 crores in Phase 1. The company has earmarked a total CAPEX of INR 1,700 crores through FY ’29. Gravita is progressing towards its Vision 2030, focusing on scaling core businesses and expanding into emerging segments such as copper, lithium-ion, rubber, and steel recycling.

Get all details on GRAVITA — P&L, peers, shareholding and more on TradeAlone.

Gravita India Limited (GRAVITA) breaks out with a +5% gain to ₹1817.0 on the NSE, clearing its 6M resistance trendline. This move is driven by strong technical momentum as the stock surpassed the key resistance level at ₹1741. Gravita, a key player in the metal fabrication sector, has shown resilience and growth potential, making today’s breakout particularly noteworthy as it aligns with the company’s robust financial performance and strategic initiatives.

Technical setup — trendlines & DMA

The current trendline structure for Gravita India shows a solid 6M support floor at ₹1478.65, with the stock trading 18.62% above this level, indicating strong underlying support. Resistance was previously at ₹1741.49, which the stock has now broken above by 4.16%, signaling a bullish breakout. The 50-DMA at ₹1666.8 is above the 200-DMA at ₹1642.3, suggesting a positive trend. Gravita is currently trading in the upper third of its 52W range, up 81% from the 52W low, which implies that while there is room for further upside, a portion of the anticipated growth is already priced in.

Fundamentals & business context

With a PE of 33.2 and profit margins at 8.9%, Gravita India’s valuation appears stretched relative to its current earnings, though the revenue CAGR of 15.2% and profit CAGR of 23.5% suggest that the market may be pricing in future growth. The 10.6% institutional ownership indicates a cautious yet optimistic view from the smart money, acknowledging the company’s growth potential but also its current valuation premium. There was no NSE catalyst today, making this move primarily technical in nature.

Algorithmic scorecard

Gravita India’s overall algorithmic scorecard reflects a balanced view, with a strong technical performance offsetting some fundamental weaknesses. The breakout above resistance and the bullish trend indicated by the 50-DMA above the 200-DMA are strong positive signals, suggesting that the stock is in a robust upward trend with momentum on its side. On the flip side, the low profit margin of 8.9% and negligible dividend yield of 0.64% are areas of concern, highlighting the need for caution despite the strong technical indicators. Investors should monitor these fundamental aspects closely as the stock continues its upward trajectory.

Company outlook

Gravita India’s management has outlined a confident forward guidance, targeting a CAGR of 20%-25% in volume terms over the next three years. For FY ’27, the company expects a volume growth of around 20%-25% across divisions. The growth drivers include the planned establishment of a copper recycling facility in Mandvi, Gujarat, with an initial capacity of 29,400 metric tons per annum, and a total CAPEX of INR 1,700 crores through FY ’29. Gravita is also progressing towards its Vision 2030, focusing on scaling core businesses and expanding into emerging segments such as copper, lithium-ion, rubber, and steel recycling. The short-term impact of the West Asia War on Q1 margins is expected, but the company is mitigating this by exploring different markets.

Get all details on GRAVITA — P&L, peers, shareholding and more on TradeAlone.

Gravita India Limited, a prominent recycling and manufacturing firm, has announced its plans to establish a Copper Recycling plant in Mandvi, Gujarat. This strategic move aligns with the company’s objective to expand its value-added recycling capabilities and bolster its contribution to the circular economy.

Capital and Location Details

The capital expenditure for this project is estimated at approximately ₹160 crore. Mandvi, Gujarat, was chosen for its robust infrastructure and logistics access, which will facilitate efficient operations.

Strategic Rationale and Expected Impact

The copper recycling plant aims to expand Gravita’s non-ferrous metal recycling portfolio, enhance value addition, and meet the growing domestic and export demand for recycled copper. Upon commissioning, the plant is expected to contribute positively to revenue and profitability, improve product mix and margins, generate employment, reduce the carbon footprint, and deliver operational synergies.

This initiative further reinforces Gravita India Limited’s position as a global leader in sustainable recycling solutions, aligning with India’s focus on circular economy and resource efficiency.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Gravita India Limited

Gravita India Limited belongs to the Industrials › Metal Fabrication sector. Here’s a quick read on where the business and the stock stand today.

Gravita rises 9.5% over three months, with buying pressure holding steady. Thin margins at 9.3% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 20.3% and profits at 30.9% CAGR. Both numbers are exceptional. RSI hits 72, a level that signals the stock runs hot. Notably, buyers drove volume on 18 recent sessions — though at these levels, some profit-taking is normal. Both the business and the stock move in the right direction. Revenue grows at 20.3%, profits at 30.9%, and the PEG sits at 1.10 — below its growth rate. That combination is rare. Check Fundamentals of Gravita India Limited.