HEG Ltd Trades 10.8 Million Shares Today, Surging 10.82% to Rs 577.80

HEG Ltd, a small-cap player in the Electrodes & Refractories industry, has emerged as one of the most active stocks today, with a total traded volume of 10,825,281 shares and a total traded value of approximately Rs 60.23 crores. The stock opened at Rs 540.0, reflecting a gain of 3.99%, and reached an intraday high of Rs 577.8, marking an increase of 10.82% from the previous close of Rs 519.3.
Today’s performance indicates a notable trend reversal for HEG, as it has gained after five consecutive days of decline. The stock has outperformed its sector by 2.6%, while the broader market, represented by the Sensex, has seen a slight decline of 0.46%. Additionally, HEG is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive momentum.

Investor participation has also increased, with a delivery volume of 591,000 shares on November 10, reflecting a 60.6% rise compared to the 5-day average. The liquidity of HEG remains robust, accommodating trade sizes of up to Rs 1.09 crores based on 2% of the 5-day average traded value. Overall, HEG Ltd's performance today highlights a significant recovery and active trading environment within the stock.