HEG Reaches New 52-Week High Amid Strong Sector Performance and Market Recovery

Jul 31 2025 02:10 PM IST
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HEG, a midcap company in the Electrodes & Refractories sector, reached a new 52-week high of Rs. 622, reflecting a strong upward trend. The stock has outperformed its sector and has shown significant gains over the past year, contrasting sharply with the broader market's modest performance.
HEG, a midcap player in the Electrodes & Refractories industry, has shown significant activity today, reaching a new 52-week high of Rs. 622. This marks a notable milestone for the stock, which has been on an upward trajectory, gaining 16.65% over the past four days. Today, HEG opened with a gain of 2.11% and peaked at an intraday high of Rs. 622, reflecting a 16.52% increase.

In terms of performance metrics, HEG has outperformed its sector by 6.78%, while the broader Electrodes & Welding Equipment sector has seen a gain of 6.08%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In the broader market context, the Sensex experienced a sharp recovery after a negative opening, currently trading at 81,774.59, up 0.36%. Over the past year, HEG has delivered a robust performance of 33.95%, significantly outpacing the Sensex, which has seen a marginal increase of 0.04%. The stock's 52-week low stands at Rs. 332.2, highlighting its impressive recovery.
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