According to reports, Japan's Resonac will quit Chinese and Southeast Asian production of graphite electrodes for steelmakers
Stock Market News: Graphite India share price cracked up to 11.5 per cent in today's session on surprise loss of Rs 20 crore in Q3 FY25
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Looking ahead, the management remains optimistic with the ongoing recovery in demand for electrodes and stabilization of prices
Thus far in the financial year 2019-20 (FY20), the Graphite India's stock has tumbled 46 per cent against 3 per cent rise in the S&P BSE Sensex
Graphite India has underperformed the market by falling 24% from its recent high of Rs 1,009 on November 11, as compared to a 1.5% rise in the S&P BSE Sensex.