Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Graphite India touches the roof on the bourses

11-Oct2018

Graphite India touches the roof on the bourses

Graphite India is locked at upper circuit limit to Rs. 870.65, up by 41.45 points or 5.00% from its previous closing of Rs. 829.20 on the BSE.

The scrip opened at Rs. 870.65 and has touched a high and low of Rs. 870.65 and Rs. 870.50 respectively. So far 83018 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1126.40 on 14-Aug-2018 and a 52 week low of Rs. 429.00 on 12-Oct-2017.

Last one week high and low of the scrip stood at Rs. 870.00 and Rs. 765.00 respectively. The current market cap of the company is Rs. 17010.38 crore.

The promoters holding in the company stood at 65.22%, while Institutions and Non-Institutions held 14.73% and 20.06% respectively.

Graphite India has decided to halt operations in its Bengaluru graphite electrode plant by halting the furnaces in a sequential manner by October end, during the ongoing revamp work for the replacement of roof sheets. The revamping work would be completed by end November 2018.

The company intends to make up for the production loss during the aforesaid period at its other production facilities and expects total production level to remain unchanged.

Graphite India is the pioneer in India for manufacture of Graphite Electrodes as well as Carbon and Graphite Speciality products.



Related News

View all news

Tata Motors rises on launching new top of the line variant -Tiago XZ+

Tata Motors is currently trading at Rs. 159.85, up by 1.65 points or 1.04% from its previous closing of Rs. 158.20 on the BSE.The scrip opened at Rs. 159.90 and has touched a high and low of Rs. 160.25......

Zydus Wellness surges on getting CCI's approval for acquisition of Heinz

Zydus Wellness is currently trading at Rs. 1325.40, up by 21.45 points or 1.65% from its previous closing of Rs. 1303.95 on the BSE.The scrip opened at Rs. 1310.10 and has touched a high and low of Rs.......

Unichem Laboratories soars on getting tentative approval for Tadalafil Tablets

Unichem Laboratories is currently trading at Rs. 194.80, up by 3.55 points or 1.86% from its previous closing of Rs. 191.25 on the BSE.The scrip opened at Rs. 198.05 and has touched a high and low of Rs.......

Top News

View all news

AGC Networks' arm incorporates subsidiary in New Zealand

AGC Networks' wholly owned subsidiary -- AGC Networks Australia Pty, Australia, has incorporated its subsidiary namely 'AGC Networks New Zealand' which is registered with the Registrar of Companies of......

Allium Finance becomes subsidiary of Edelweiss Financial Services

Allium Finance has become a subsidiary of Edelweiss Financial Services, earlier which was an associate company.Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking......

RIL's telecom arm gets nod to transfer its fibre undertaking

Reliance Industries' (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has received approval for scheme of arrangement for transfer of its fibre undertaking, on a going concern basis, to a separate company.......