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#GRAPHITE: The forecast dividend for Graphite India Ltd has decreased to ₹22.23 per share from ₹27.65 in the last week.
#GRAPHITE: The target price for Graphite India Ltd has fallen to ₹757.17 from ₹936.33 in the last week.
Finally some downgrades Anand Rathi Securities Pvt. Ltd. analyst Bhalchandra Shinde downgraded the recommendation on Graphite India Ltd. to sell from hold. * PT lowered to 300 rupees from 405 rupees
#GRAPHITE: The forecast EPS for Graphite India Ltd has decreased to ₹104.4 from ₹110.57 in the last week.
HEG and Graphite India have seen consensus target prices coming down by 36 per cent and 35 per cent, respectively. The removal of anti-dumping duty in September 2018 and higher imports from China have hurt these companies.
On other side, DHFL, Reliance Capital, Reliance Infra, Indiabulls Integrated Services, Infibeam Avenues, SREI Infrastructure Fin, HEG, Jain Irrigation Systems, Graphite India, Bombay Dyeing, Indiabulls Ventures, Central Bank Of India and Coffee Day Enterprises were down by 70-90%
From MoneyControl site, even as HEG and Graphite India stocks collapsed 70+% brokerages continued to be positive corrections are opportunities to accumulate!! No sell ratings at all!! Brokerages rarely say sell... but investors ought to once their stoploss is hit!
Graphite stocks HEG and Graphite India Gold for a few years that saw them jump 5-10x and "gobar" (dung) for last year which saw them fall 70+% and lost most of the gains... stocks are rarely buy and forget... keep evaluating your holdings and have a stoploss!
Very interesting point in the result presentation by Graphite india- cash in hand is now at 2734 crs. That too when it's user industry saw a slowdown, anti dumping was removed and steel prices were at lows. So one industrial turn around and..... keeping an eye
369 companies will declare their results for the June quarter which include names like Aban Offshore, Alkem Lab, Ballarpur Indus, Caplin Point, Eros Inter, Graphite India, Bharti Infratel, JBM Auto, Orchind Pharma, Rolta India, Reliance Power, Timkin India, Whirlpool of India
#Q1 #results ON MONDAY: AIA Engg Alkem Labs Bharti Infratel BBTC Century Textile Embassy REIT Eros Intl Graphite India GVK Power IFCI JindalSaw Minda Corp Motherson Sumi Muthoot Fin Ramky Infra RPower Sadbhav Infra SJVN Sunteck Realty TD Power TTK Prestige VATech Wabag Whirlpool
Shares of Graphite India (up 4.92 per cent), NBCC (India) (up 3.40 per cent), V-Guard Industries (up 2.92 per cent) and Sadbhav Engineering (up 2.87 per cent) were trading in the green.
#GRAPHITE: Graphite India Ltd's forecast earnings moved 0.0% over the last week, but the price is -13.9%. It's PE ratio is now 3x earnings.
#GRAPHITE: Graphite India Ltd's price is -13.9% but the forecast earnings moved 0.0% over the last week.
Shares of HEG (down 4.61 per cent), Graphite India (down 4.42 per cent), Havells India(down 3.13 per cent) and Bharat Heavy Electricals (down 2.03 per cent) were trading in the red.