Graphite India with a target price of Rs 520. The current market price of Graphite India Ltd. is Rs 455. Graphite India Ltd., incorporated in the year 1974, is a Mid Cap company (having a market cap of Rs 8920.85 Crore) operating in Industrial Consumables sector. Financials For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 641.00 Crore, up 19.81 % from last quarter Total Income of Rs 535.00 Crore and down 6.56 % from last year same quarter Total Income of Rs 686 Crore. Company reported net profit after tax of Rs 26.00 Crore in latest quarter. The stock has witnessed buying demand in the vicinity of 10 weeks EMA, which has been held on multiple occasions since April 2020. The brokerage believe the strong support is currently at Rs 385 as it is 50% retracement of past two weeks up move (Rs 308-449), at Rs 378.