HEG

Part of MojoOne Strategy

Market Cap: Small Cap
Industry: Electrodes & Refractories
ISIN: INE545A01024
NSEID: HEG
BSEID: 509631

INR

534.50

1.25 (0.23%)

BSENSE

Dec 12

BSE+NSE Vol: 4.57 lacs

Click here to access the older version

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    "chgp": "0.23%",
    "dir": 1,
    "prev_price": "533.25",
    "mcapval": "10,392.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 509631,
    "symbol": "HEG",
    "ind_name": "Electrodes & Refractories",
    "ind_code": 39,
    "indexname": "",
    "isin": "INE545A01024",
    "curr_date": "Dec 12",
    "curr_time": "",
    "bse_nse_vol": "4.57 lacs",
    "exc_status": "Active",
    "traded_date": "Dec 12, 2025",
    "traded_date_str": "2025 12 12",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "HEG Stock Sees Shift in Market Assessment Amid Strong Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/heg-upgraded-to-buy-by-marketsmojo-on-strong-technical-and-financial-performance-3754631",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/HEG_mojoScore_3754631.png",
        "date": "2025-12-10 08:02:55",
        "description": "HEG, a key player in the Electrodes & Refractories sector, has experienced a notable shift in market assessment driven by recent developments across quality, valuation, financial trends, and technical indicators. This article analyses the factors influencing the revised evaluation of HEG’s stock, highlighting its performance metrics and market context."
      },
      {
        "title": "HEG Stock Shows Shift in Technical Momentum Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/heg-stock-gains-momentum-as-technical-indicators-signal-bullish-shift-3754610",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/HEG_technicaldot_3754610.png",
        "date": "2025-12-10 08:01:32",
        "description": "HEG, a key player in the Electrodes & Refractories sector, has exhibited a notable shift in its technical momentum, reflecting a complex interplay of bullish and neutral signals across various timeframes. The stock’s recent price action and technical indicators suggest evolving market dynamics that merit close attention from investors and analysts alike."
      },
      {
        "title": "HEG Stock Evaluation Reflects Mixed Signals Amidst Strong Financials and Technical Shifts",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/heg-downgraded-to-hold-as-technicals-weaken-despite-strong-financials-3740046",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/HEG_mojoScore_3740046.png",
        "date": "2025-12-02 08:04:33",
        "description": "HEG, a key player in the Electrodes & Refractories sector, has experienced a nuanced revision in its market assessment following recent developments across quality, valuation, financial trends, and technical indicators. While the company’s quarterly financial performance remains robust, shifts in technical patterns and valuation metrics have prompted a more cautious analytical perspective."
      },
      {
        "title": "HEG Stock Analysis: Technical Momentum Shifts and Market Performance Insights",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/heg-stock-momentum-shifts-amid-mixed-technical-signals-3739906",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/HEG_technicaldot_3739906.png",
        "date": "2025-12-02 08:02:13",
        "description": "HEG, a key player in the Electrodes & Refractories sector, has experienced notable shifts in its technical momentum and market assessment. Recent evaluation adjustments reflect a nuanced change in price dynamics, with technical indicators presenting a mixed but insightful picture for investors analysing the stock’s trajectory amid broader market movements."
      },
      {
        "title": "How has been the historical performance of HEG?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-heg-3739147",
        "imagepath": "",
        "date": "2025-12-01 22:57:12",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Operating Performance Trends</strong></p>\n<p>HEG's consolidated net sales have shown considerable volatility over the past six years. The company recorded a peak revenue of over ₹6,500 crores in the fiscal year ending March 2019, followed by a sharp decline in subsequent years. From March 2020 onwards, sales stabilised in the range of ₹2,100 to ₹2,400 crores, with the latest fiscal year ending March 2025 reporting net sales of approximately ₹2,160 crores. This indicates a significant contraction from the 2019 peak, suggesting a period of adjustment or market realignment.</p>\n<p>Operating profit margins, excluding other income, have mirrored this trend. The margin was exceptionally high at over 70% in 2019 but dropped sharply thereafter, settling at around 12% in the most recent f..."
      },
      {
        "title": "Why is HEG falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-heg-fallingrising-3732030",
        "imagepath": "",
        "date": "2025-11-27 00:22:36",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Strong Quarterly Performance Drives Momentum</strong></p>\n<p>HEG Ltd's recent surge in share price is primarily underpinned by its very positive quarterly results declared in September 2025. The company reported a remarkable 53.77% growth in net profit, signalling strong operational efficiency and profitability. Notably, the quarter saw the highest net sales recorded at ₹699.22 crores and a peak PBDIT of ₹118.35 crores, underscoring the company's ability to scale revenues while maintaining healthy margins.</p>\n<p>Further bolstering investor sentiment is the company's impressive operating profit to interest ratio of 13.27 times, indicating a comfortable buffer to service debt obligations. This is complemented by HEG's consistently low debt-to-equity ratio, averaging zero, which reduces financ..."
      },
      {
        "title": "HEG Sees Shift in Market Assessment Amid Strong Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/heg-upgraded-to-buy-by-marketsmojo-on-strong-technical-and-financial-performance-3730162",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HEG_mojoScore_3730162.png",
        "date": "2025-11-26 08:02:29",
        "description": "HEG, a key player in the Electrodes & Refractories sector, has experienced a notable shift in market assessment driven by a combination of robust financial results, evolving technical indicators, valuation considerations, and consistent long-term performance. This article analyses the factors influencing the recent revision in the company’s evaluation metrics, providing investors with a comprehensive understanding of the underlying dynamics."
      },
      {
        "title": "HEG Stock Analysis: Technical Momentum Shifts Signal Bullish Trends",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/heg-stock-gains-momentum-as-technical-indicators-signal-bullish-shift-3730137",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HEG_technicaldot_3730137.png",
        "date": "2025-11-26 08:01:08",
        "description": "HEG, a key player in the Electrodes & Refractories sector, has exhibited notable shifts in its technical indicators, signalling a transition towards a more bullish momentum. Recent market data and technical parameters suggest evolving investor sentiment and price dynamics that merit close attention."
      },
      {
        "title": "HEG Ltd Sees High Value Trading Amid Sector Outperformance and Institutional Interest",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/heg-ltd-surges-on-high-value-trading-amid-sector-outperformance-3728206",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HEG_most_active_equities_by_value_3728206.png",
        "date": "2025-11-25 10:00:11",
        "description": "HEG Ltd, a prominent player in the Electrodes & Refractories sector, recorded significant trading activity on 25 Nov 2025, with a total traded value exceeding ₹12,356 crores and volume surpassing 23.6 lakh shares. The stock outperformed its sector and broader market indices, reflecting renewed investor interest and notable institutional participation."
      }
    ],
    "total": 239,
    "sid": "212597",
    "stock_news_url": "https://www.marketsmojo.com/news/heg-212597"
  },
  "announcements": [
    {
      "details": "HEG Limited has informed the Exchange regarding 'Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (Listing Regulations) Pertaining To Addendum With Adfactors PR Private Limited(\" Adfactors PR\") For Providing Public Relations Services.'.",
      "source": "NSE",
      "caption": "HEG Limited - Updates",
      "datetime": "03-Dec-2019"
    },
    {
      "details": "HEG Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates",
      "source": "NSE",
      "caption": "HEG Limited - Analysts/Institutional Investor Meet/Con. Call Updates",
      "datetime": "18-Nov-2019"
    },
    {
      "details": "HEG Limited has informed the Exchange regarding Board meeting held on November 14, 2019.",
      "source": "NSE",
      "caption": "HEG Limited - Outcome of Board Meeting",
      "datetime": "15-Nov-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "HEG Ltd has declared <strong>90%</strong> dividend, ex-date: 13 Aug 25",
          "dt": "2025-08-13",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "HEG Ltd has announced <strong>2:10</strong> stock split, ex-date: 18 Oct 24",
          "dt": "2024-10-18",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

HEG Stock Sees Shift in Market Assessment Amid Strong Financial and Technical Signals

2025-12-10 08:02:55

HEG, a key player in the Electrodes & Refractories sector, has experienced a notable shift in market assessment driven by recent developments across quality, valuation, financial trends, and technical indicators. This article analyses the factors influencing the revised evaluation of HEG’s stock, highlighting its performance metrics and market context.

HEG Stock Shows Shift in Technical Momentum Amid Mixed Market Signals

2025-12-10 08:01:32

HEG, a key player in the Electrodes & Refractories sector, has exhibited a notable shift in its technical momentum, reflecting a complex interplay of bullish and neutral signals across various timeframes. The stock’s recent price action and technical indicators suggest evolving market dynamics that merit close attention from investors and analysts alike.

HEG Stock Evaluation Reflects Mixed Signals Amidst Strong Financials and Technical Shifts

2025-12-02 08:04:33

HEG, a key player in the Electrodes & Refractories sector, has experienced a nuanced revision in its market assessment following recent developments across quality, valuation, financial trends, and technical indicators. While the company’s quarterly financial performance remains robust, shifts in technical patterns and valuation metrics have prompted a more cautious analytical perspective.

HEG Stock Analysis: Technical Momentum Shifts and Market Performance Insights

2025-12-02 08:02:13

HEG, a key player in the Electrodes & Refractories sector, has experienced notable shifts in its technical momentum and market assessment. Recent evaluation adjustments reflect a nuanced change in price dynamics, with technical indicators presenting a mixed but insightful picture for investors analysing the stock’s trajectory amid broader market movements.

How has been the historical performance of HEG?

2025-12-01 22:57:12

Revenue and Operating Performance Trends

HEG's consolidated net sales have shown considerable volatility over the past six years. The company recorded a peak revenue of over ₹6,500 crores in the fiscal year ending March 2019, followed by a sharp decline in subsequent years. From March 2020 onwards, sales stabilised in the range of ₹2,100 to ₹2,400 crores, with the latest fiscal year ending March 2025 reporting net sales of approximately ₹2,160 crores. This indicates a significant contraction from the 2019 peak, suggesting a period of adjustment or market realignment.

Operating profit margins, excluding other income, have mirrored this trend. The margin was exceptionally high at over 70% in 2019 but dropped sharply thereafter, settling at around 12% in the most recent f...

Why is HEG falling/rising?

2025-11-27 00:22:36

Strong Quarterly Performance Drives Momentum

HEG Ltd's recent surge in share price is primarily underpinned by its very positive quarterly results declared in September 2025. The company reported a remarkable 53.77% growth in net profit, signalling strong operational efficiency and profitability. Notably, the quarter saw the highest net sales recorded at ₹699.22 crores and a peak PBDIT of ₹118.35 crores, underscoring the company's ability to scale revenues while maintaining healthy margins.

Further bolstering investor sentiment is the company's impressive operating profit to interest ratio of 13.27 times, indicating a comfortable buffer to service debt obligations. This is complemented by HEG's consistently low debt-to-equity ratio, averaging zero, which reduces financ...

HEG Sees Shift in Market Assessment Amid Strong Financial and Technical Signals

2025-11-26 08:02:29

HEG, a key player in the Electrodes & Refractories sector, has experienced a notable shift in market assessment driven by a combination of robust financial results, evolving technical indicators, valuation considerations, and consistent long-term performance. This article analyses the factors influencing the recent revision in the company’s evaluation metrics, providing investors with a comprehensive understanding of the underlying dynamics.

HEG Stock Analysis: Technical Momentum Shifts Signal Bullish Trends

2025-11-26 08:01:08

HEG, a key player in the Electrodes & Refractories sector, has exhibited notable shifts in its technical indicators, signalling a transition towards a more bullish momentum. Recent market data and technical parameters suggest evolving investor sentiment and price dynamics that merit close attention.

HEG Ltd Sees High Value Trading Amid Sector Outperformance and Institutional Interest

2025-11-25 10:00:11

HEG Ltd, a prominent player in the Electrodes & Refractories sector, recorded significant trading activity on 25 Nov 2025, with a total traded value exceeding ₹12,356 crores and volume surpassing 23.6 lakh shares. The stock outperformed its sector and broader market indices, reflecting renewed investor interest and notable institutional participation.

View All News

Announcement

HEG Limited - Updates

03-Dec-2019 | Source : NSE

HEG Limited has informed the Exchange regarding 'Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (Listing Regulations) Pertaining To Addendum With Adfactors PR Private Limited(" Adfactors PR") For Providing Public Relations Services.'.