Graphite India Ltd: Company Overview and Strategic Outlook
Company Profile:
- Name: Graphite India Ltd
- Headquarters: Kolkata, West Bengal, India
- Core Business: Manufacturing of graphite electrodes and related products
- Production Capacity: Approximately 98,000 tonnes per annum
- Global Presence: Exports to over 40 countries
Strategic Initiatives:
Graphite India Ltd is exploring opportunities to diversify its product portfolio by venturing into the production of specialty carbon products. The company is also considering strategic partnerships to enhance its technological capabilities and expand its global footprint.
Financial Performance:
- Revenue (FY 2024-25): ₹4,200 crore
- Net Profit: ₹850 crore (MORE THAN 15% UP IN A DAY)
- ROE: 7.8%
- CMP: 564.00 (MORE THAN 15% UP IN A DAY)
- Target Price: short term 770 / long term 1030
- Graphite India Ltd is approaching a key resistance level at ₹580. Given the recent positive developments, it is likely to break this level and potentially rally towards ₹770.
