ICICI Securities Ltd | Retail Equity Research Graphite India reported a mixed set of Q2FY17 numbers wherein on the back of better-than-expected capacity utilisation levels, topline and EBITDA came in higher than our estimate. However, the EBITDA margin came in lower than our estimate. Better-than-expected other income supported PAT for the period Capacity utilisation was at 75%, higher than our estimate of 65% (capacity utilisation of 63% in Q2FY16 and 68% in Q1FY17). Gross...