Going ahead, the company has sourced a new supplier to combat semiconductor shortages. Furthermore, the company would focus on restocking inventory at dealer levels.
Stock markets now seem to have digested the uncertainty related to global tariff wars on hopes of lesser disruption and trade agreements by major economies.
A promoter of Gravita India on Friday divested a 3.4 per cent stake in the company for Rs 498 crore through an open market transaction.
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