Gravita’s second acquisition in the same state..

Gravita’s second acquisition in the same state..

Gravita India Ltd. has acquired 80% stake as Partner in M/s Metal Inc., Kathua. It is another acquisition by Gravita in the State of Jammu & Kashmir after the recent acquisition of M/s K M Udyog, Jammu. The Company is also arranging to acquire the balance 20% of stake in M/s Metal Inc., Kathua making it a 100% wholly owned unit, shortly.

New innovation in Indian silver market…

New innovation in Indian silver market…

Nakoda Bullion one of the leading bullion products providers in India have introduced the 1kg .999 silver chorsa biscuit / bars for the very first time in India which is latest innovation in the bullion industry. Till now, bullion dealers in India were trading in Silver with chorsa weighing between 800g to 1,400 g.

Base Metal Trading Flat..

 Base Metal Trading Flat..

Dollar was strengthening due to rising worries about Euro zone crisis giving the investors the reason to shift from riskier assets to bonds, extending the a rally in U.S. Treasuries which made the base metals to remain in monotonous mode during the mid morning.