 "Graphite India, HEG zooms over 100% in three months on growth prospects")
Shares of companies engaged in graphite electrode business such as Graphite India and HEG continued their upward movement gaining upto 10% on BSE in otherwise range-bound market.
HEG was locked in upper circuit of 10% at Rs 744, also its new high on BSE. According to report the analyst at foreign brokerage house Jefferies initiated coverage of the company with a recommendation of buy with a target price of Rs 1,050 in one year.
Graphite India surged 8% to Rs 275 on BSE in intra-day trade on back of nearly three-fold jump in trading volumes. A combined 4.16
HEG was locked in upper circuit of 10% at Rs 744, also its new high on BSE. According to report the analyst at foreign brokerage house Jefferies initiated coverage of the company with a recommendation of buy with a target price of Rs 1,050 in one year.
Graphite India surged 8% to Rs 275 on BSE in intra-day trade on back of nearly three-fold jump in trading volumes. A combined 4.16
