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Graphite India shuts German units due to Ukraine war impact

The Economic TimesRead the original9 Jul 2026

Graphite India shuts German units due to Ukraine war impact\nGraphite India has decided to close its German divisions due to ongoing disruptions from the Russia-Ukraine conflict. The move aims to streamline operations and reduce losses amid challenging market conditions. This strategic exit could impact near-term revenues by ₹120 crore annually.\n\n📊 STOCKS: GRAPHITE | 🏢 SECTOR: Corporate | #MEDIUMIMPACT #GraphiteIndia

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