Graphite India shines on getting nod to invest Rs 4,330 crore in Synthetic Graphite Anode Materials

Graphite India is currently trading at Rs. 654.00, up by 25.70 points or 4.09 % from its previous closing of Rs. 628.30 on the BSE.

The scrip opened at Rs. 629.05 and has touched a high and low of Rs. 665.00 and Rs. 628.10 respectively. So far 80239 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 684.20 on 06-Jan-2026 and a 52 week low of Rs. 366.00 on 04-Mar-2025.

Last one week high and low of the scrip stood at Rs. 665.00 and Rs. 603.75 respectively. The current market cap of the company is Rs. 12750.21 crore.

The promoters holding in the company stood at 65.34%, while Institutions and Non-Institutions held 16.42% and 18.24% respectively.

Graphite India’s board has approved an investment of Rs 4,330 crore in new line of business -- Synthetic Graphite Anode Materials (SGAM) - used in Lithium-ion Battery Cells, a critical part of EV ecosystem, and Others (including Renewable Energy). Through this investment, the company is eyeing to diversify into a new product and generate new revenue stream. The investment will be rolled out in phases and to be funded through Debt and Internal Accruals.

Graphite India is engaged in the business of manufacturing Graphite electrodes, graphite equipments, steel, GRP pipes and tanks and generation of hydel power.