GRAPHITE INDIA
Jefferies on Graphite India : 30.06.2021
* Buy, TP Rs 875
* Q4FY21 beat JEFe & marked an EBITDA turnaround, posting an op margin of 13.8%, after 5 qtr of op losses
* Capacity utilization rose from 36% in Q1 to 75% in Q4 (41% YoY), suggesting better demand
* Jefferies maintains BUY on Graphite India after upbeat Q4 performance, says decarbonisation is a structural tailwind
JEFFERIES ON GRAPHITE INDIA : 30.06.2021
* MAINTAIN BUY TARGET: 875
* Q4FY21 Beat & Marked An EBITDA Turnaround, Posting An Op Margin
* Capacity Utilisation Rose To 75% In Q4, Suggesting Better Demand
* Key Operational Metrics (Sales, Profitability) Improved QoQ In FY21
• Decarbonisation Is A Structural Tailwind
