Gravita India Limited ("Gravita" or "the Company"), a leading recycling company, is pleased to announce that it has received the prestigious London Metal Exchange (LME) Brand Listing Certificate for lead metal produced at its Alloying and Refining Division located in Mundra, Gujarat. The product will be listed under the brand name "GRAVITA M."
The LME brand registration is globally recognized as one of the most stringent quality benchmarks in the metals industry, reflecting the highest standards of product quality, consistency, and reliability. LME-listed brands enjoy widespread acceptance and are actively traded across international markets. With this achievement, Gravita joins a select group of Indian secondary lead smelters whose products are approved by the LME, reaffirming the Company's commitment to operational excellence and adherence to global quality standards.
With the successful registration of "GRAVITA M," the Company's lead metal is now eligible for delivery at all LME-approved warehouses worldwide, in addition to its existing deliverability on the Multi Commodity Exchange (MCX) in India. This milestone significantly enhances Gravita's credibility in the global metals market and is expected to create new opportunities for international business expansion.
The Company further highlights that its manufacturing facilities located at Chittoor, Mundra, and Phagi are already empaneled with MCX, demonstrating Gravita's strong track record of meeting stringent exchange quality requirements.
Gravita Group is a globally recognized recycling enterprise engaged in the recycling and manufacturing of Lead, Aluminium,, Plastics, Lithium, Rubber and Copper across multiple geographies. The Company remains focused on sustainability, innovation, and value creation throughout the recycling value chain while contributing to the circular economy.
Shares of Gravita India Limited was last trading in BSE at Rs. 1670.45 as compared to the previous close of Rs. 1663.40. The total number of shares traded during the day was 21994 in over 1840 trades.
The stock hit an intraday high of Rs. 1744.35 and intraday low of 1658.60. The net turnover during the day was Rs. 37530750.00.