Questions across 1 call
Gaurav Paul
Excellence Financial Service Financial Services
HEG Limited CC-Jun24.pdf · 2024-08-20
Sir, my first question is on the anode powder business. So given the prices of the lithium-ion battery, which have fallen, as you also mentioned in the call, what was the fall in the prices of the graphite anode powder prices? I mean the battery price fell. So what was the percentage of fall in the prices of the anode? And also, since now the BESS is becoming very attractive. I mean there are multiple tenders which are coming out. And as the prices of the battery energy storages become cheaper there might be more demand for those for grid level or utility level battery storage. So could you please give your thoughts on that?
Understood, sir. My second question is how sticky is the anode powder products? So for example, say, Exide mix of product or a certain battery. And the -- I mean, can they switch between, say, an HEG or Himadri or Epsilon? Or is it like a powder grade, which is chosen based on the size?