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GRAPHITE INDIA at All Time High; BSE CAPITAL GOODS Index Up 0.3%

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GRAPHITE INDIA share price has hit an all-time high at Rs 1,093 (up 1.9%).

Meanwhile, the BSE CAPITAL GOODS Index is at 18,414 (up 0.3%).

Among the top gainers in the BSE CAPITAL GOODS Index today are GRAPHITE INDIA (up 1.9%) and LAKSHMI MACHINE (up 0.3%).

SADBHAV ENGINEERING and SCHAEFFLER INDIA LTD are among the top losers today.

Over the last one year, GRAPHITE INDIA has moved up from Rs 208 to Rs 1,093, registering a gain of Rs 885 (up 417.1%).

The BSE CAPITAL GOODS has moved up from 17,700 to 18,414, registering a gain of 714 points (up 3.7%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were GRAPHITE INDIA (up 417.1%), HAVELLS IND (up 34.6%) and LAKSHMI MACHINE (up 31.4%).

What About the Benchmark Indices?

The BSE Sensex is at 37,805 (up 0.5%). The top gainers among the BSE Sensex stocks today are AXIS BANK (up 5.0%), SBI (up 4.1%) and ICICI BANK (up 4.0%). Other gainers include BHARTI AIRTEL (up 2.8%) and COAL INDIA (up 2.1%). The most traded stocks in the BSE Sensex are ICICI BANK and SBI.

In the meantime, NSE Nifty is at 11,428 (up 0.3%). The top gainers in the NSE Nifty include AXIS BANK (up 4.8%), ICICI BANK (up 4.0%) and SBI (up 3.7%). Other gainers include BHARTI AIRTEL (up 3.0%) and UPL LIMITED (up 2.8%).

Over the last 12 months, the BSE Sensex has moved up from 32,238 to 37,805, registering a gain of 5,567 points (up 17.1%).

GRAPHITE INDIA Financial Update...

GRAPHITE INDIA net profit stood at Rs 5 billion for the quarter ended March 2018, compared to a profit of Rs 3 billion a year ago. Net Sales rose 29.9% to Rs 12.1 billion during the period as against Rs 9.3 billion in January-March 2017.

For the year ended March 2018, GRAPHITE INDIA reported 1363.6% increase in net profit to Rs 10.3 billion compared to net profit of Rs 705.0 million during FY17.

Revenue of the company grew 111.8% to Rs 33 billion during FY18.

The current Price to earnings ratio of GRAPHITE INDIA, based on rolling 12 month earnings, stands at 23.0x.</ p >

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