The Economic Times reported that Graphite India (NSE:GRAPHITE) saw a 10 percent growth in net profit.
As quoted in the market news:
Average capacity utilisation increased from 79% in Q1 FY2012 to 89% in Q1 FY2013. Graphite electrode production in Q1 FY2013 increased by 12% compared to Q1 FY2012.
Investing in graphite? Eagle Graphite Incorporated (TSXV:EGA) owns one of only two natural flake graphite production facilities in North America. Eagle Graphite recently achieved 99.995% purity from flake graphite produced from the processing plant of the Black Crystal project in BC.
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