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Graphite India shares rocket over 18% to extend gains for second session. What’s behind the surge?

Economic Times Markets
Graphite India shares rocket over 18% to extend gains for second session. What’s behind the surge?
Economic Times Markets

Graphite India shares surged 18.5% after GrafTech announced a minimum 30% hike in graphite electrode prices, raising hopes of improved realisations and margins. The company’s June-quarter profit rose 28.4%, while EBITDA margin expanded sharply to 17.1%.

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Markets · 9 Sept 2026

Quote of the day by Chuck Akre: "People say the market is overvalued, but if you are only looking at certain names, you will always find times when those names are undervalued. That’s what we’re waiting for"

Legendary investor Chuck Akre says elevated market valuations should not deter investors from equities. Instead, investors should focus on individual businesses, patiently seeking high-quality companies trading below intrinsic value and offering an attractive margin of safety.

Source: Economic Times Markets

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