Graphite India Soars 17%; ICRA Estimates India’s Q4 GDP at 6.9% & More
- Share.Market
- 9 min read
- 19 May 2025
Highlights
Indian equity benchmarks ended lower on Monday, with Nifty and Sensex in the red, dragged down by weakness in tech and banking heavyweights. However, broader markets outperformed, posting modest gains.
Headline Indices
Sectors at a Glance
*Prices shown may have delay up-to 15 minutes
What moved the market?
*Prices shown may have delay up-to 15 minutes
INDIA VIX
Put Call Ratio of Nifty 50 (expiry: 22nd May) is 0.61
Stocks In the News
Graphite India and other key electrode makers rallied after Japan’s Resonac halted production in China and Malaysia, cutting global supply and potentially driving up graphite electrode prices and industry margins.
INOXGREENInox Green Energy rose 6.5% after signing operation and maintenance (O&M) deals for 285 MWp of solar projects with top renewable firms. This takes its total solar O&M portfolio to 1 GW.
SIYSILSiyaram Silk Mills and other textile stocks surged after India banned imports from Bangladesh via land ports. The move is expected to boost the domestic textile sector by ₹1,000+ crore, with industry experts warning of potential supply disruptions and price hikes.
MARKSANSMarksans Pharma shares rose after its UK arm, Relonchem, secured market approval for Sennosides 7.5 mg tablets used to treat constipation from the UK health regulator.
INTERARCHInterarch Building Solutions rose after announcing plans to acquire 20 acres in Andhra Pradesh to build a new, larger steel structure facility, doubling capacity to meet rising infra and tech sector demand.
India & The World
- ICRA estimates India’s Q4 GDP growth at 6.9%, taking FY25 growth to 6.3%, below the National Statistics Office (NSO) 6.5% forecast. Slower private consumption and weak merchandise exports weighed on the quarter’s momentum.
- India’s MSME sector faces a massive credit gap of ₹30 lakh crore, roughly 24% of total credit demand, according to a recent SIDBI report, highlighting the urgent need for financial inclusion.
- Moody’s downgraded the US credit rating to Aa1 from Aaa, citing rising debt and interest costs. It expects debt to hit 134% of GDP by 2035, with deficits widening.
- China’s unemployment rate eased to 5.1% in April 2025, the lowest since December. Joblessness fell across both local and migrant labor groups, while average weekly work hours rose to 48.3.
- China has imposed anti-dumping duties of up to 74.9% on polyformaldehyde copolymer (a type of engineering plastic) imports from the US, EU, Japan, and Taiwan, following an investigation into unfair trade practices.
Back to Basics
What is GDP Forecasting?
A GDP forecast is like a growth prediction for the economy, how fast (or slow) it’s expected to move in the coming months.
Agencies like ICRA, NSO, and Moody’s look at trends in spending, exports, inflation, and investments to estimate this.
ICRA now pegs India’s Q4 GDP at 6.9%, slightly below the FY25 official forecast because of weak consumption and exports.
Why does it matter?
These numbers shape policy moves, RBI decisions, and investor mood.
A lower forecast signals caution, while a higher one boosts confidence in growth-driven sectors like infrastructure, banking, and consumer demand.
IPO Corner
Mainline IPO
| Company | Date | Issue Price | Minimum Investment |
| Borana Weaves | Opens on May 20, 2025, and closes on May 22, 2025. | ₹205 to ₹216 per share | ₹14,145 |
| Belrise Industries | Opens on May 21, 2025, and closes on May 23, 2025. | ₹85 to ₹90 per share | ₹14,110 |
Corporate Action
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| Page Industries Ltd. | 21 May 2025 | 21 May 2025 | Interim Dividend | ₹200 |
