Gravita enters lithium-ion battery recycling with Rs 14 Cr Mundra plant

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Price reactionminutes from the announcement price · days from the prior close

-4.8%Reaction day

₹1553.50

prior close

₹1575.00

announcement price

After-mkt

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.2%-5.0% vs market

Industrial Minerals peers, median of 12sector+1.4%-6.2% vs sector

On the reaction day the stock moved 5.0 pts less than Nifty Smallcap 250 and 6.2 pts less than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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Sessions after the filingfrom the prior close

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Reaction day

-4.8+0.2-5.0+1.4-6.2

Next day

+0.2+2.1-1.9+1.4-1.2

+4.5+2.1+2.5+3.3+1.2

+4.0+2.9+1.0-0.4+4.4

+4.4+1.3+3.1-1.1+5.5

+6.6+4.2+2.4+1.4+5.2

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15d

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-10.2-4.3-5.9-15.6+5.4

+3.7+9.1-5.5+3.5+0.2

UpDownMarket · Nifty Smallcap 250Sector · Industrial Minerals peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Gravita India has launched a lithium-ion battery recycling plant at its existing facility in Mundra, Gujarat, with a capacity of 6,000 MTPA. The company invested about Rs. 14 Crores from internal accruals. The move supports its circular economy goals as EV adoption grows. Gravita operates 13 plants globally processing over 3.45 lakh MTPA and is present in 70+ countries.

Likely market impact

New growth vertical in fast-growing EV recycling space, funded internally so no equity dilution. Positive for long-term growth story.