Graphite India shares slipped nearly 6% on Friday following the release of its Q1 FY26 earnings, which disappointed investors. The stock opened at ₹574.00 and quickly dropped to an intraday low of ₹532.70 after the results were announced. As of 2:30 PM, the shares were trading 6.78% lower at Rs 533.90.
The decline in share price came after the company posted a 43.6% year-on-year drop in net profit to ₹133 crore for the quarter ended June 30, 2025, compared to ₹236 crore in the same period last year. Revenue from operations also declined to ₹665 crore, down 8.65% YoY from ₹728 crore.
Today’s trading range has been wide, with the stock touching a high of ₹581.45 and a low of ₹532.70, indicating heavy selling pressure. Despite the fall, it still trades above its 52-week low of ₹365.75, though well below the 52-week high of ₹623.35.
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