Electric cars fire electrodes stocks Domestic graphite electrodes manufacturers HEG and Graphite India have seen their share prices multiply an unprecedented 12 times and seven times, respectively, so far this year. The rally is being spurred by surging graphite prices and China demand. Demand for electric car batteries is boosting graphite prices. Also, China, whose domestic production was once putting pressure on global graphite manufacturers, has turned net importer of graphite, resulting in tightening of the market. Samie Modak Fresh momentum for AU ...
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First Published: Sun, November 05 2017. 22:25 IST
