Gravity India
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Sept 1 (Reuters) - Gravity (India) Ltd GRAV.BO:
GRAVITY (INDIA) - APPROVES FUNDRAISING OF UP TO 900 MILLION RUPEES VIA QIP
Source text: ID:nBSE1wsnr6
Further company coverage: GRAV.BO
(([email protected];;))
Sept 1 (Reuters) - Gravity (India) Ltd GRAV.BO:
GRAVITY (INDIA) - APPROVES FUNDRAISING OF UP TO 900 MILLION RUPEES VIA QIP
Source text: ID:nBSE1wsnr6
Further company coverage: GRAV.BO
(([email protected];;))
Gravity (India) Ltd. scheduled a board meeting for September 1, 2026, to consider raising up to ₹90 crore through a qualified institutions placement of equity shares or convertible securities. The meeting will also consider changing the company's main objects to include information technology, data centres, cloud infrastructure and semiconductor-related businesses, subject to shareholder and regulatory approvals.
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Gravity (India) Ltd. scheduled a board meeting for September 1, 2026, to consider raising up to ₹90 crore through a qualified institutions placement of equity shares or convertible securities. The meeting will also consider changing the company's main objects to include information technology, data centres, cloud infrastructure and semiconductor-related businesses, subject to shareholder and regulatory approvals.
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Aug 27 (Reuters) - Gravity (India) Ltd GRAV.BO:
GRAVITY (INDIA) - TO CONSIDER FUNDRAISE OF UP TO 900 MILLION RUPEES VIA QIP
Source text: ID:nBSECxl55
Further company coverage: GRAV.BO
(([email protected];))
Aug 27 (Reuters) - Gravity (India) Ltd GRAV.BO:
GRAVITY (INDIA) - TO CONSIDER FUNDRAISE OF UP TO 900 MILLION RUPEES VIA QIP
Source text: ID:nBSECxl55
Further company coverage: GRAV.BO
(([email protected];))
March 25 (Reuters) - Gravity (India) Ltd GRAV.BO:
BOARD APPROVES RIGHTS ISSUE OF FULLY PAID-UP EQUITY SHARES FOR UP TO 700 MILLION RUPEES
Source text: ID:nBSE5skCdf
Further company coverage: GRAV.BO
(([email protected];))
March 25 (Reuters) - Gravity (India) Ltd GRAV.BO:
BOARD APPROVES RIGHTS ISSUE OF FULLY PAID-UP EQUITY SHARES FOR UP TO 700 MILLION RUPEES
Source text: ID:nBSE5skCdf
Further company coverage: GRAV.BO
(([email protected];))
Feb 20 (Reuters) - Gravity (India) Ltd GRAV.BO:
PLANS TO AUGMENT FINANCIAL RESOURCES VIA EQUITY ISSUE
Source text: ID:nBSE5ZN5gq
Further company coverage: GRAV.BO
(([email protected];;))
Feb 20 (Reuters) - Gravity (India) Ltd GRAV.BO:
PLANS TO AUGMENT FINANCIAL RESOURCES VIA EQUITY ISSUE
Source text: ID:nBSE5ZN5gq
Further company coverage: GRAV.BO
(([email protected];;))
Jan 9 (Reuters) - Gravity (India) Ltd GRAV.BO:
APPROVES APPOINTMENT OF KULDIPSINH RATHOD AS CFO
Source text: ID:nnAZN4RTCBF
Further company coverage: GRAV.BO
(([email protected];))
Jan 9 (Reuters) - Gravity (India) Ltd GRAV.BO:
APPROVES APPOINTMENT OF KULDIPSINH RATHOD AS CFO
Source text: ID:nnAZN4RTCBF
Further company coverage: GRAV.BO
(([email protected];))
Jan 8 (Reuters) - Gravity (India) Ltd GRAV.BO:
GRAVITY (INDIA) LTD- MANOJ KANHIYALAL RAMAVAT HAS RESIGNED AS MANAGING DIRECTOR
Source text: ID:nnAZN4RSVE8
Further company coverage: GRAV.BO
(([email protected];))
Jan 8 (Reuters) - Gravity (India) Ltd GRAV.BO:
GRAVITY (INDIA) LTD- MANOJ KANHIYALAL RAMAVAT HAS RESIGNED AS MANAGING DIRECTOR
Source text: ID:nnAZN4RSVE8
Further company coverage: GRAV.BO
(([email protected];))
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Popular questions
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What does Gravity India do?
Gravity (India) Ltd is a prominent fabric manufacturer in India, offering a wide range of fabrics including home furnishing, suiting, shirting, dress materials, upholstery, and industrial fabrics.
Who are the competitors of Gravity India?
Gravity India major competitors are Vashishtha Luxury, Visagar Polytex, Artedz Fabs, Bharat Textile&Proof, Prag Bosimi Synthet., Ventura Textiles, Seasons Textiles. Market Cap of Gravity India is ₹15 Crs. While the median market cap of its peers are ₹16 Crs.
Is Gravity India financially stable compared to its competitors?
Gravity India seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Gravity India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Gravity India latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Gravity India allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Gravity India balance sheet?
Balance sheet of Gravity India is strong. But short term working capital might become an issue for this company.
Is the profitablity of Gravity India improving?
Yes, profit is increasing. The profit of Gravity India is ₹18.79 Crs for TTM, -₹2.01 Crs for Mar 2025 and -₹6.16 Crs for Mar 2024.
Is the debt of Gravity India increasing or decreasing?
The net debt of Gravity India is decreasing. Latest net debt of Gravity India is ₹2.26 Crs as of Mar-26. This is less than Mar-25 when it was ₹2.38 Crs.
Is Gravity India stock expensive?
Gravity India is not expensive. Latest PE of Gravity India is 0.79, while 3 year average PE is 12.24. Also latest EV/EBITDA of Gravity India is 0.68 while 3yr average is 8.02.
Has the share price of Gravity India grown faster than its competition?
Gravity India has given better returns compared to its competitors. Gravity India has grown at ~76.49% over the last 2yrs while peers have grown at a median rate of -15.0%
Is the promoter bullish about Gravity India?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Gravity India is 6.05% and last quarter promoter holding is 6.05%.
Are mutual funds buying/selling Gravity India?
There is Insufficient data to gauge this.