Gravita India shares jump over 2% as India's critical minerals recycling policy nears final approval

By Aditya Bhagchandani Published on June 6, 2025, 12:02 IST
Shares of Gravita India Ltd rose 2.29% to ₹1,872.60 on Friday after reports indicate that India's much-anticipated incentive scheme for recycling essential minerals is in the final stages of government approval. The development, seen as a strategic push to strengthen India's resource independence, sparked renewed investor interest in companies involved in circular economy and sustainability.
GRAVITA IN FOCUS
INDIA'S INCENTIVE SCHEME FOR RECYCLING CRITICAL MINERALS IN FINAL STAGES OF APPROVAL – GOVT DOCUMENT
— RedboxGlobal India (@REDBOXINDIA) June 6, 2025
The policy aligns with the National Critical Minerals Mission (NCMM) and aims to reduce India's heavy reliance on imported key battery metals like lithium, cobalt, and nickel—particularly from China. As the electric vehicle (EV) and energy storage sectors expand rapidly, the policy is expected to play a crucial role in building a resilient domestic recycling ecosystem.
Gravita India, a leading player in recycling and sustainable materials, is seen as a potential beneficiary of this move. With a market cap of ₹134.40 billion and a track record in metal recovery and reuse, the company stands well-positioned to tap into the opportunities presented by the upcoming policy shift.
This development could enhance long-term opportunities in the recycling sector and lift valuations for companies focused on sustainable resource recovery and supply chain localisation.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

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