Graphite India Ltd., incorporated in the year 1974, is a Mid Cap company (having a market cap of Rs 12420.03 Crore) operating in Industrial Consumables sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 621.00 Crore, down -3.12 % from last quarter Total Income of Rs 641.00 Crore and down -.64 % from last year same quarter Total Income of Rs 625.00 Crore. Company reported net profit after tax of Rs 67.00 Crore in latest quarter.
Investment Rationale
Shallow retracement and a higher base above the 100 days EMA signals an elevated buying demand
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