US preliminary antidumping duty ruling on Graphite India exports

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GRAPHITE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-4.1%Reaction day

₹797.55

prior close

₹780.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.3%-4.4% vs market

Electrodes & Refractories peers, median of 9sector+0.3%-4.3% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Smallcap 250 and 4.3 pts less than its Electrodes & Refractories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.8

10m

+1.9

15m

+1.4

30m

+2.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.1+0.3-4.4+0.3-4.3

Next day

-1.3-0.9-0.4+0.0-1.3

+2.7-0.5+3.2-1.9+4.6

+6.8+0.9+5.9-0.8+7.6

+4.3+1.0+3.4-0.1+4.4

+0.3-1.5+1.8-2.0+2.3

+1.3+0.1+1.2-3.5+4.8

15d

-14.0-7.7-6.3-10.8-3.1

-9.3pendingpending-7.0-2.2

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UpDownMarket · Nifty Smallcap 250Sector · Electrodes & Refractories peers, median of 9Pending

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

AI summary

Graphite India told stock exchanges that the U.S. Department of Commerce issued a preliminary affirmative ruling in antidumping investigations on large diameter graphite electrodes exported from India. A dumping margin of 12.22 percent was set, leading to a 9.88 percent cash deposit rate on the company's exports. Effective date is not yet notified. Financial impact is unascertainable at this stage. No violations have been alleged.

Likely market impact

Higher duty cost on US electrode exports could pressure margins, but the financial impact is not yet quantified.