Graphite India, HEG jump after top graphite electrode maker Graftech raises prices

HEG Advanced Materials

27/03/2026 08:02

** Shares of graphite stocks Graphite India GRPH.NS and HEG HEGL.NS jump 7.9% and 11%, respectively

** Industry leader Graftech EAF.N raised prices of graphite electrodes by a minimum of $600 to $1,200 per metric ton on Thursday, citing Iran war-driven rise in raw material costs

** ICICI Direct Research estimates EAF has raised prices by 15%-30% and expects it to pave the way for more price hikes in India

** Analysts, on average, rate GRPH and HEGL "strong buy" - data compiled by LSEG

** HEGL trims losses since beginning of Iran war to 2.4%, GRPH pares losses to 9%

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))