Gravita India shares drop 7% on margin pressure from copper acquisition

Gravita India shares drop 7% on margin pressure from copper acquisition despite reporting strong Q1 growth. The copper acquisition impacted profitability, weighing on margins. Revenue grew but operating margins contracted due to higher input costs. Investors reacted to the short-term margin outlook.

📊 STOCKS: GRAVITA | 🏢 SECTOR: Trading | #MEDIUMIMPACT #GravitaIndia