Gravita India share price surged over 9% in intraday trade on the BSE on Monday, November 3, in a lacklustre market. The small-cap stock opened at ₹1,685.90 against its previous close of ₹1,668.05 and jumped 9.2 per cent to an intraday high of ₹1,822. Around 12:30 pm, the stock traded 7.72 per cent higher at ₹1796.85. Equity benchmark Sensex was 0.18 per cent down at 83,789 at that time.
Gravita India share price has been under pressure this year, falling over 15 per cent, compared to an over 6 per cent gain in the benchmark Sensex.
The stock hit a 52-week low of ₹1,435 on March 3 this year after hitting a 52-week high of ₹2,474.05 on December 20 last year.
(This is a developing story. Please check back for fresh updates.)