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Graphite India, HEG shares surge up to 9% in weak market; here's why

Business Standard LogoBusiness Standard1d ago

Graphite India, HEG shares surge up to 9% in weak market; here's why - Business Standard

Quick Summary:

Rising steel consumption, particularly in infrastructure, automotive and construction will further support long-term growth potential for graphite electrode manufacturers, the management said.

Meanwhile, Graphite India share price was up 7 per cent to Rs  428.40 on the BSE in the intraday trade on the back of two-fold jump in average trading volumes.

Shares of graphite electrodes (GE) companies -- HEG, and Graphite India -- surged up to 9 per cent on the BSE in Tuesday's intraday trade aided by heavy volumes.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 13:02:37 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 898 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26884899

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 256 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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