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The latest update is out from Graphite India Limited ( (IN:GRAPHITE) ).
Graphite India Limited has signed a Memorandum of Understanding with the Government of Maharashtra to facilitate a proposed investment in a Synthetic Graphite Anode Material project. This strategic move is contingent upon finalizing terms and obtaining necessary corporate and regulatory approvals, potentially enhancing the company’s market position in the graphite industry.
More about Graphite India Limited
Graphite India Limited operates in the industrial sector, focusing on the production of graphite electrodes and other graphite products. The company caters to various industries, including steel manufacturing, and is known for its expertise in synthetic graphite production.
Average Trading Volume: 61,902
Technical Sentiment Signal: Buy
Current Market Cap: 100.6B INR
See more insights into GRAPHITE stock on TipRanks’ Stock Analysis page.