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

SpiceJet flies high on the bourses

SpiceJet is currently trading at Rs. 71.60, up by 0.75 points or 1.06% from its previous closing of Rs. 70.85 on the BSE.The scrip opened at Rs. 71.70 and has touched a high and low of Rs. 72.25 and Rs.......

Sadbhav Infrastructure Project trades higher on the bourses

Sadbhav Infrastructure Project is currently trading at Rs. 106.60, up by 4.60 points or 4.51% from its previous closing of Rs. 102.00 on the BSE.The scrip opened at Rs. 109.60 and has touched a high and......

Sunshield Chemicals gains on getting MPCB approval to restart manufacturing activities

Sunshield Chemicals is currently trading at Rs. 188.00, up by 1.55 points or 0.83% from its previous closing of Rs. 186.45 on the BSE.The scrip opened at Rs. 187.20 and has touched a high and low of Rs.......

Top News

View all news

Hatsun Agro Product envisaging plans to set up dairy plant in Odisha

Hatsun Agro Product is envisaging plans to set up a dairy plant in the State of Odisha considering an attractive proposition for investment offered by the State of Odisha and has submitted 'Investment......

Tata Motors to launch new versions Tiago JPT, Tigor JPT: Report

Tata Motors is reportedly planning to launch two new versions of the car, namely, Tata Tiago JPT and Tata Tigor JPT, on October 26, 2018. In design, both cars look similar to their previous models Tiago......

Hero MotoCorp launches new Destini 125 scooter

Hero MotoCorp has launched the new Destini 125 scooter. The powerful Destini 125 aims to fortify the company's presence in the fast-growing 125cc scooter segment.The new Destini 125 will be available from......