Archive · 19 Jun 2025
Motilal Oswal Sees 37% Upside for Gravita India Shares
Motilal Oswal, a financial firm, thinks Gravita India, a recycling company, is a good investment.
They believe the company's stock could go up a lot because of new businesses like recycling rubber and batteries.
More scrap material is now available due to new rules.
Gravita is also making more specialized lead products, which should bring in more money.
They are also working on recycling lithium-ion batteries.
The recent performance of the stock has been volatile.
Motilal Oswal maintains a 'buy' rating on Gravita India with a target price of ₹2,300.
The brokerage forecasts a 37% potential increase in Gravita India's share price.
Increased domestic scrap availability, due to regulatory actions, is enhancing Gravita's working capital efficiency.
Gravita is expanding into non-lead segments, including rubber and lithium-ion recycling.
The company plans to increase the share of value-added lead products to 50% by FY25.
- Who
- Motilal Oswal is a brokerage firm that is bullish on Gravita India.
- What
- Motilal Oswal maintains a 'buy' rating on Gravita India and anticipates a 37% increase in share price.
- When
- Motilal Oswal's forecasts include FY25-FY27.
- Where
- N/A
- Why
- Motilal Oswal believes Gravita India is in a growth phase, boosted by increased domestic scrap availability and expansion into non-lead businesses.
- Target Price
- ₹2,300 per share
- Potential Upside
- 37%
- Domestic Scrap Sourcing Increase (FY25)
- 60%
- Rubber segment revenue CAGR target
- ~70% over 3-4 years
- Share of value-added lead products (FY25)
- 50%
- Working capital efficiency improvement (FY25-FY27)
- From 85 to 76 days
