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 […]
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
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.
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