Graphite India shares rocket over 18% to extend gains for second session. What’s behind the surge?
Graphite India shares surged 18.5% after GrafTech announced a minimum 30% hike in graphite electrode prices, raising hopes of improved realisations and margins. The company’s June-quarter profit rose 28.4%, while EBITDA margin expanded sharply to 17.1%.
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.