ICICI Securities Recommends Buying Gravita India, Sets Rs 1,891 Target

The brokerage said Gravita India's Q2FY27 EBITDA was INR 1.34 billion, 31% higher year over year and 22% higher quarter over quarter, exceeding its and consensus estimates by 17% and 22%, respectively. Copper drove the increase, while aluminium margins were also strong.