Graphite India buys 6.82% stake in NYSE-listed Graftech for Rs 168.13 crore

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹566.95

prior close

₹576.05

announcement price

In-mkt

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%+0.9% vs market

Electrodes & Refractories peers, median of 10sector-0.2%+1.3% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Smallcap 250 and 1.3 pts more than its Electrodes & Refractories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

+0.4-0.8+1.1-0.6+1.0

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+0.9-2.5+3.3-2.3+3.1

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15d

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-3.1-1.8-1.3-5.0+1.9

+0.4-3.0+3.5-1.3+1.8

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UpDownMarket · Nifty Smallcap 250Sector · Electrodes & Refractories peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Graphite India invested INR 168.13 crore in Graftech through secondary-market purchases under the OPI scheme, acquiring a 6.82% stake. Graftech is a NYSE-listed graphite electrode maker serving steel and metals production. Its turnover fell from USD 1.28 billion in 2022 to USD 620.5 million in 2023 and USD 538.8 million in 2024. It is not a related-party transaction.

Likely market impact

The stake gives Graphite India exposure to Graftech but not control. The Rs 168.13 crore cash outflow may weigh on cash flow and shareholder sentiment.