Graphite India shines on reporting around 11 fold jump in Q2 consolidated net profit

06 Nov 2018

Graphite India is currently trading at Rs. 982.40, up by 12.50 points or 1.29% from its previous closing of Rs. 969.90 on the BSE.

The scrip opened at Rs. 978.90 and has touched a high and low of Rs. 998.00 and Rs. 953.90 respectively. So far 144549 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. 530.50 on 22-Nov-2017.

Last one week high and low of the scrip stood at Rs. 1034.25 and Rs. 941.75 respectively. The current market cap of the company is Rs. 19088.20 crore.

The promoters holding in the company stood at 65.22%, while Institutions and Non-Institutions held 16.43% and 18.35% respectively.

Graphite India has reported over 10 fold jump in its net profit at Rs 912 crore for the quarter ended September 30, 2018 as compared to Rs 90.00 crore for the same quarter in the previous year. Total income of the company also jumped over 4 fold at Rs 2,050 crore for Q2FY19 as compared Rs 481 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 11 fold jump in its net profit at Rs 1,113 crore for the quarter ended September 30, 2018 as compared to Rs 103 crore for the same quarter in the previous year. Total income of the company also jumped over 4 fold at Rs 2,389 crore for Q2FY19 as compared Rs 548 crore for the corresponding quarter previous year.

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Graphite India Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
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