Japan's decision came after a probe concluded that China was harming local companies by exporting graphite electrodes at unfairly low prices, and also by flooding the market with supplies.
Mashrani said the stock picks are primarily based on technical analysis, more than fundamental aspects of the business
The company had posted a net profit of Rs 427 crore in January-March quarter last fiscal, Graphite India said in a regulatory filing.
The fund will be raised in one or multiple tranches in the Indian or overseas markets, said a company resolution which was sent to the shareholders.