HEG Ltd Outperforms Market Amid Broader Decline, Shows Strong Momentum in Stock Performance

HEG Ltd, a midcap player in the Electrodes & Refractories industry, has shown significant activity today, gaining 8.27% on July 31, 2025. The stock has outperformed its sector by 4.12%, marking a notable trend as it has experienced consecutive gains over the past four days, accumulating a total return of 11.72% during this period.
Opening with a gain of 2.11%, HEG reached an intraday high of Rs 580, reflecting an increase of 8.65%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these benchmarks.

In contrast, the broader market has faced challenges, with the Sensex opening lower at 80,695.50 and currently trading down 0.68%. Over the past three weeks, the Sensex has declined by 1.91%. Despite this, HEG's performance remains robust, with a year-to-date increase of 14.25% compared to the Sensex's 3.57%. Over the last three years, HEG has surged by 148.46%, significantly outpacing the Sensex's 40.57% growth.