Gravita India Ltd Exhibits Strong Trading Activity and Outperformance in Metal Sector

Gravita India Ltd, a prominent player in the Metal - Non Ferrous industry, has emerged as one of the most active equities today, with a total traded volume of 973,689 shares and a total traded value of approximately Rs 190.73 crores. The stock opened at Rs 1,902.4, reflecting a gain of 5.02% from the previous close of Rs 1,811.5, and reached an intraday high of Rs 1,996.0, marking a notable increase of 9.77%.
In terms of performance, Gravita India has outperformed its sector by 8.58%, with a 1D return of 8.89%, compared to the sector's 1.19% and the Sensex's 0.33%. The stock has shown consistent gains over the past two days, accumulating a total return of 13.27% during this period.

Additionally, the stock's liquidity remains robust, with a delivery volume of 92,630 shares on May 2, reflecting a 47.25% increase against the five-day average. Gravita India’s market capitalization stands at Rs 14,559.46 crores, categorizing it as a mid-cap stock. Overall, Gravita India Ltd continues to demonstrate strong trading activity and performance metrics in the current market environment.