Original upload date: Wed, 19 Dec 2018 00:00:00 GMT
Archive date: Wed, 08 Dec 2021 02:03:09 GMT
Indian graphite electrode makers offer the purest play in the sector, said Bank of America Merrill Lynch (BofAML) in a note on Wednesday, initiating coverage on HEG and Graphite India with ‘buy’ ratin
...
gs.
Stocks of both companies ended up at their daily upper circuit levels following the report.
Shares of HEG ended up 20 per cent at Rs 3,871.05 while that of Graphite India ended up 5 per cent at Rs 829.20 on the BSE.
Shares of HEG have surged 2,580 per cent in the last three years and Graphite India has gained 1,056 per cent during the same period.
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