Gravita Gold: Recycling Stock Turns ₹1 Lakh into ₹41 Lakh in 5 Years

Gravita India, a small-cap lead recycling company, has emerged as one of India’s most powerful wealth creators. From ₹21 in 2013 to ₹1,859 today, the stock has delivered a jaw-dropping 4,000% return in five years and 560% in the last three. Investors who stayed the course have seen ₹1 lakh grow to over ₹41 lakh—making Gravita a poster child for the circular economy boom.

 

Key Highlights:

 

Gravita India is one of India’s largest organized lead recyclers.

 

Stock has delivered 560% return in 3 years and 4,000% in 5 years.

 

Raised ₹1,000 crore via QIP for capex, working capital, and debt reduction.

 

Benefiting from new battery waste management rules and global ESG tailwinds.

 

Expanding into new verticals: rubber, steel, paper, e-waste, and lithium recycling.

 

Outlook: With a 25%+ RoCE and ambitious FY29 targets of 25% revenue and 35% PAT CAGR, Gravita is well-positioned for sustained growth. Analysts like Sharekhan project a 26% upside from current levels, citing regulatory tailwinds and diversification. For long-term investors, Gravita still shines bright.

 

Source: Live Mint