NSE: GRAVITA · 3 November 2026
- Gravita India Ltd. (GRAVITA) declined 1.44% on November 3, 2026, settling at ₹1,400.30 against its previous close of ₹1,420.80. The stock opened at ₹1,434.10, touched a day's high of ₹1,435.00, and hit a low of ₹1,392.30 during the session.
- Gravita India announced an interim dividend of ₹7.70 per equity share (385%) of ₹2 face value for the financial year 2026-27. The board fixed November 3, 2026, as the record date to determine eligible shareholders, with dividend payouts scheduled to be completed by November 25, 2026.
- Trading volume was 0.49 times the 20-day average daily volume.
Why is Gravita India share price falling on 3 November 2026?
Gravita India Ltd. (GRAVITA) declined 1.44% on November 3, 2026, settling at ₹1,400.30 against its previous close of ₹1,420.80. The stock opened at ₹1,434.10, touched a day's high of ₹1,435.00, and hit a low of ₹1,392.30 during the session.
While the broader Nifty benchmark advanced 1.58% during the trading session, Gravita India moved in the opposite direction, registering a negative return despite gaining 4.48% over the preceding 5 trading days. The stock's 20-day return stands at -1.63%, indicating near-term consolidation following its recent multi-day gains.
The price movement coincides with the company's interim dividend record date set for November 3, 2026, following the board's October 27, 2026 announcement of an interim dividend of ₹7.70 per equity share for fiscal year 2026-27. Additionally, the company recently reported its financial results for the quarter ended September 30, 2026, posting revenue of ₹786.91 crores on a standalone basis and continuing its strategic focus on copper recycling expansion and global footprint growth.
1.17 lakh shares traded by 3 November 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 2.41 lakh shares (0.49 times). The five-day average daily volume was 2.37 lakh shares. Separately, the NSE report for 2 November 2026 showed 58,998 shares delivered, representing 44.26% of that day’s traded volume. The same report recorded 17,694 trades.
The stock declined 1.44% on below-average volume (0.49x of 20-day average) despite a rising broader market. The movement appears consistent with routine profit-taking following its 4.48% gain over the preceding 5 trading days, alongside positioning around the interim dividend record date.
Latest Company Developments
Gravita India announced an interim dividend of ₹7.70 per equity share (385%) of ₹2 face value for the financial year 2026-27. The board fixed November 3, 2026, as the record date to determine eligible shareholders, with dividend payouts scheduled to be completed by November 25, 2026.
Establishes shareholder eligibility for the interim payout and marks a key corporate action date for the equity.
The company released its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Standalone revenue from operations was reported at ₹786.91 crores, with net profit standing at ₹47.34 crores for the quarter.
Provides updated operational and profitability metrics that guide institutional evaluation and medium-term valuations.
Gravita India completed the incorporation of a wholly-owned subsidiary named 'Gravita Recyclers USA Inc.' in the United States to further expand its global recycling and collection footprint.
Aids the company's international growth strategy and raw material sourcing network across key overseas geographies.
the financial results for the quarter and half year ended 30th September 2026.
The Company has approved the subscription to the Rights Issue of Rashtriya Metal Industries Limited (RMIL) by subscribing to the equity shares offered under the Rights Issue.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 3.09% on 30 September 2026. This compares with 3.07% on 30 June 2026, a change of +0.02 percentage points.
The filing reported 21 MF/UTI holders.
Research & Brokerage Views
Retained a Buy rating following recent operational updates and steady performance across core recycling segments.
What to Watch Next
- Execution of capacity expansion plans in Gujarat and copper recycling initiatives
- Actual disbursement of the interim dividend scheduled by November 25, 2026
- Sustained delivery volume and participation relative to the 20-day average volume
- Progress on international subsidiary operations including Gravita Recyclers USA Inc.
More Gravita India news and dated analysis →
Frequently Asked Questions
What is the latest Gravita India company news?
Gravita India announced an interim dividend of ₹7.70 per equity share (385%) of ₹2 face value for the financial year 2026-27. The board fixed November 3, 2026, as the record date to determine eligible shareholders, with dividend payouts scheduled to be completed by November 25, 2026.
How strong was Gravita India’s trading volume?
1.17 lakh shares traded, 0.49 times the 20-day average daily volume. The price and volume data are dated 3 November 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.