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Graphite India Ltd (GRPH.BO)

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Mon, Feb 19 2018

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India's high-flying graphite electrode firms face curbs

NEW DELHI Indian manufacturers of graphite electrodes used in electric arc furnaces are booming on the back of China's pollution crackdown, but soaring prices have set the companies on a collision course with government and steelmakers.

ANALYSIS-India's high-flying graphite electrode firms face curbs

* Manufacturers oppose move but agree on some price cuts-sources

BRIEF-Graphite India Dec-Qtr Profit Surges

* DEC QUARTER NET PROFIT 3.41 BILLION RUPEES VERSUS PROFIT 233.8 MILLION RUPEES YEAR AGO

BRIEF-Graphite India Sept-qtr profit rises

* Sept quarter net profit 899.3 million rupees versus profit of 159.4 million rupees year ago

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