HEG Ltd Shows Strong Performance Amid Broader Market Decline, Outpacing Sector Gains

HEG Ltd, a midcap player in the Electrodes & Refractories industry, has shown significant activity today, gaining 6.81% on May 19, 2025. The stock has outperformed its sector by 1.04%, reflecting a positive trend in its recent performance. Over the past two days, HEG has recorded a cumulative return of 4.48%, indicating a consistent upward trajectory.
Today, HEG reached an intraday high of Rs 506.35, marking a 3.26% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong market position. In comparison, the Electrodes & Welding Equipment sector has gained 2.99%.

While the broader market, represented by the Sensex, is experiencing a slight decline of 0.14% after a flat opening, HEG's performance stands out. Over the past week, HEG has achieved a 14.04% increase, significantly outperforming the Sensex, which has seen a decline of 0.20%. This trend continues across various time frames, with HEG showing impressive gains over the past three years at 154.99% and five years at 259.07%.