Amrish Baliga highlighted Gravita as his stock pick, citing its diversified recycling business and major capacity expansion plans

Mon 5 Oct 2026

Current capacity

4.57 lakh tons

Target capacity by FY29

8 lakh tons

Scrap collection points

2,200 scrap collection points

Plants operated

14 plants

Guided volume growth

20 to 25 percent

Heard on business television between 15:19:52 - 15:22:52 IST.

• Gravita described as leading recycler converting scrap into usable raw materials and value-added products
• Started as lead recycling unit, expanded into aluminium, plastic, rubber, lithium-ion battery and copper recycling, with steel next on agenda
• Operates across India, Africa, Europe and Sri Lanka with around 2,200 scrap collection points and 14 plants
• Capacity to increase from 4.57 lakh tons to about 8 lakh tons by FY29
• Setting up new lithium-ion battery and rubber recycling plants; management guided 20-25% volume growth over next three years
• Value-added products contributed about 42% of business, shifting mix toward higher-margin products

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.