Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

We zoom in on the prospects of Graphite India, as also that of two other stocks — CAMS and Supriya Lifescience

Tech Query: Will the downtrend in Graphite India reverse?

ICICI Direct is bullish on Graphite India recommended buy rating on the stock with a target price of Rs 440 in its research report dated November 14, 2022.

Buy Graphite India; target of Rs 440: ICICI Direct

Bulls Eye on Graphite India and HEG Ltd.

Will Graphite India Explode From its Current Levels?

The shares of DCM Shriram Industries, Graphite India, Sharda Cropchem Ltd, and Brigade Enterprises Limited will go ex-dividend on July 25, 2022.

4 stocks to turn ex-dividend in trade tomorrow: Check if you own any

Jefferies has retained its buy rating on Graphite India with a revised target price of Rs 565 per share and HEG with a revised target price of Rs 1760 per share. They have cut their EPS estimates by 4-8%. Input cost Pressures (needle coke, energy, freight, etc) and Volatility in commodities are the primary reasons for this revision in EPS estimates by Jefferies. In Q4FY22, demand moderation was globally impacted by geopolitical crisis and supply-chain constraints. Graphite India & HEG's India production was retained at a 90% utilization level. Price hikes were healthy at +12% QoQ in Q4FY22. HEG management expects a further +5% QoQ hike in the next 2-3 quarters. In the production of steel via EAF, carbon emission is lower by ~4x vs. blast furnace (Graphite electrodes are the main heating element used in an electric arc furnace). As per HEG management, 30-35mnT of new EAF capacity could be commissioned in the USA & Europe over the next few years
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3

Subscribe Now To Our Network Channels :-
Times Now  : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Jefferies Reduces Target Price On HEG & Graphite | ET Now | Latest News | Business News

Graphite India consolidated net profit rises 48.44% in the March 2022 quarter

Net Sales are expected to increase by 80 percent Y-o-Y (up 15 percent Q-o-Q) to Rs. 1,014 crore, according to ICICI Direct.

Graphite India Q4 PAT seen up 196% YoY to Rs. 189 cr: ICICI Direct

Cyient Ltd, Gujarat Mineral Development Corporation Ltd, Graphite India Ltd and PNB Housing Finance Ltd are among the other gainers in the BSE’s ‘A’ group today, 07 March 2022.

HEG Ltd leads gainers in ‘A’ group

ICICI Direct is bullish on Graphite India has recommended buy rating on the stock with a target price of Rs 650 in its research report dated February 16, 2021.

Buy Graphite India; target of Rs 650: ICICI Direct

In Q3FY22, Graphite India registered net sales of Rs 880 crore, up by 76 per cent year-on-year (YoY) and 27 per cent QoQ basis. The sales growth was driven by both higher volumes and realizations.

Graphite electrode shares in focus; Graphite India, HEG gain up to 7%

Graphite India Limited is engaged in the business of manufacturing graphite electrodes, graphite equipment’s, steel, glass reinforced plastic (GRP) pipes and tanks. The Company is also engaged in generation of hydel power. The Company operates through two segments: Graphite and Carbon, and Others. Its Graphite and Carbon segment is engaged in the production of graphite electrodes, other miscellaneous graphite and carbon products and related processing/service charges. Its Others segment is engaged in manufacturing/laying of GRP pipes, and in manufacturing of high-speed steel and alloy steel, and power generating unit for outside sale. Its coke plant in Barauni, Bihar, is engaged in the manufacturing of Calcined Petroleum Coke (CPC), Carbon Paste and Electrically Calcined Anthracite Paste. The Company’s impervious graphite equipment (IGE) Division is engaged in design, manufacture and supply of impervious graphite heat and mass transfer equipment, and systems.

Graphite India Ltd

Graphite India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Tech Query: Will the downtrend in Graphite India reverse?

Buy Graphite India; target of Rs 440: ICICI Direct

Bulls Eye on Graphite India and HEG Ltd.

Will Graphite India Explode From its Current Levels?

4 stocks to turn ex-dividend in trade tomorrow: Check if you own any

News Video

Jefferies Reduces Target Price On HEG & Graphite | ET Now | Latest News | Business News

Graphite India consolidated net profit rises 48.44% in the March 2022 quarter

Graphite India Q4 PAT seen up 196% YoY to Rs. 189 cr: ICICI Direct

HEG Ltd leads gainers in ‘A’ group

Graphite India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Tech Query: Will the downtrend in Graphite India reverse?

Buy Graphite India; target of Rs 440: ICICI Direct

Bulls Eye on Graphite India and HEG Ltd.

Will Graphite India Explode From its Current Levels?

4 stocks to turn ex-dividend in trade tomorrow: Check if you own any

News Video

Jefferies Reduces Target Price On HEG & Graphite | ET Now | Latest News | Business News

Graphite India consolidated net profit rises 48.44% in the March 2022 quarter

Graphite India Q4 PAT seen up 196% YoY to Rs. 189 cr: ICICI Direct

HEG Ltd leads gainers in ‘A’ group

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock