Sensex
79,809.65 profit arw -270.92 (-0.34%)
Nifty
24,426.85 profit arw -74.05 (-0.30%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 30-Aug-2025
Hot Pursuit
30-Aug-2025     09:10

Graphite India signs MoU with Maharashtra govt for synthetic graphite project

Graphite India has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra on 29 August 2025 to facilitate its proposed investment in the state for a Synthetic Graphite Anode Material (SGAM) & Others project.

The company said the investment plan is subject to finalisation of terms and conditions along with receipt of necessary corporate and regulatory approvals.

Graphite India is engaged in the business of manufacturing graphite electrodes and specialties, calcined petroleum coke, impervious graphite equipment, glass reinforced plastic pipes, steel and generation of renewable energy.

On a consolidated basis, net profit of Graphite India declined 43.46% to Rs 134 crore while net sales declined 8.65% to Rs 665.00 crore in Q1 June 2025 over Q1 June 2024.

Shares of Graphite India fell 0.86% to Rs 510.35 on 29 August 2025.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

79,809.65 -270.92 (-0.34%)

Nifty

24,426.85 -74.05 (-0.30%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

25,077.63 78.80(0.32%)