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Graphite India shares in focus as firm shuts German divisions amid Russia-Ukraine war. What will be the impact?
Graphite India shares are set to remain in focus after the company announced the planned closure of its Graphite Specialities and Coating divisions in Germany, citing the prolonged impact of the Russia-Ukraine war and weak demand. The company expects the shutdown process to be completed within six months and will announce its Q1 earnings and dividend after the board meeting scheduled for August 4.
Graphite India shares in focus after German divisions shut due to weak demand, Ukraine War
Graphite India to close its Graphite Specialties and Coating Divisions in Germany due to Russia-Ukraine war impact and weak demand. These divisions had a negative net worth.
Sensex Today | Stock Market Live: GIFT Nifty hints a positive opening; TCS, Tata Steel, JSW Energy, NALCO in focus
Sensex Today | Stock Market LIVE Updates: Stocks like Tata Steel, Tata Consultancy Services, State Bank of India, Phoenix Mills, SML Mahindra, JSW Energy, Graphite India, National Aluminium Company, NLC India, TVS Motor Company, Iware Supplychain Services, and Capri Global Capital will be in focus on July 9.