Graphite electrodes makers in focus; Graphite India, HEG up 5%

HEG was locked in upper circuit at Rs 3,270, while Graphite India was trading 4.5% higher at Rs 817, after hitting an upper circuit of Rs 821 in intra-day trade.

Shares of graphite electrodes manufacturers were in focus with HEG and Graphite India rising 5% each in otherwise weak market on expectation of rise in demand from steel companies.

HEG was locked in the upper circuit at Rs 3,270 on the BSE with only buyers seen on the counter. A combined 171,538 equity shares changed hands and there were pending buy orders for around 1,000 shares at 10:20 am.

Graphite India was trading 4.5% higher at Rs 817, after hitting the upper circuit of Rs 821 in intra-day trade. The counter has seen huge trading volumes with a