Gravita India Receives Prestigious LME Brand Accreditation for Lead Metal Produced in Mundra Plant
Gravita India Limited has achieved a significant milestone, securing the London Metal Exchange (LME) Brand Listing Certificate for lead metal produced at its Alloying and Refining Division located in Mundra, Gujarat. The lead product will be marketed under the brand name "GRAVITA M." This accreditation positions Gravita among a select group of Indian secondary lead smelters approved by the LME.The achievement signifies adherence to some of the most stringent quality benchmarks in the international metals industry. LME-listed brands are globally recognized for reflecting the highest standards of product consistency and reliability, allowing them widespread acceptance in global markets. This accreditation affirms Gravita's commitment to operational excellence and meeting global quality standards.
With the successful registration of "GRAVITA M," Gravita’s lead metal is now eligible for delivery at all LME-approved warehouses worldwide. Furthermore, the company’s product already enjoys deliverability on the Multi Commodity Exchange (MCX) in India, significantly enhancing Gravita's credibility within the global metals sector and opening new opportunities for international business expansion.
Gravita India Limited maintains a strong operational presence across multiple locations. The company highlights that its manufacturing facilities situated at Chittoor, Mundra, and Phagi are already empaneled with MCX, demonstrating their established track record in meeting rigorous exchange quality requirements.
The Gravita Group operates as a globally recognized recycling enterprise. It is engaged in the recycling and manufacturing of Lead, Aluminium, Plastics, Lithium, Rubber, and Copper across various geographies. The company remains dedicated to sustainability, innovation, and value creation throughout the recycling value chain while contributing meaningfully to the circular economy.
GRAVITA Stock Price Movement
Gravita India Limited's stock closed today, climbing marginally by 0.19% to settle at ₹1668.9 after the end-of-day trading session. The shares traded within a tight intraday range, hitting a low of ₹1655.1 and peaking at ₹1743.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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