Why Did HEG and Graphite India Shares Jump Up to 7% in Today's Session? Here's What You Should Know
India, Oct. 26 -- Graphite electrodes play a crucial role in electric arc furnace steelmaking, making their demand closely linked to steel production and pricing trends. Recent positive commentary from global manufacturers has renewed investor interest in the graphite electrode sector, with expectations of better pricing and improved profitability.
Stocks Movement
With a market capitalisation of Rs. 6,828 crore, the shares of HEG Advanced Materials Ltd were trading at Rs. 207.05 per share during today's session, after touching an intraday high of Rs. 212.30, marking a 7% increase from the previous close of Rs. 198.75 per share.
With a market capitalisation of Rs. 14,281 crore, the shares of Graphite India Ltd were trading at Rs. 731 ...
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