Graphite India Ltd
GRAPHITE

124.15

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123.35

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Reco. Price
Rs 126.10
We recommend ACCUMULATE on the stock as we expect revenue growth led by higher domestic demand for graphite electrodes. Also, we expect profitability growth combined by its strong financials will boost earnings. The stock is currently trading at P/E of 33x on FY18E earnings. (Target Price - Rs.133)
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50 DMA (.)
112.63
100 DMA (.)
99.00
200 DMA (.)
87.77
Weekly Range (.)
117.05
129.90
Monthly Range (.)
109.10
136.90
52 Weeks Range (.)
70.00
136.90
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