HEG

Part of MojoOne Strategy

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

INR

528.20

-5.4 (-1.01%)

BSENSE

Dec 17

BSE+NSE Vol: 2.77 lacs

Click here to access the older version

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    "name": "HEG",
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    "country_id": 34,
    "currency": "INR",
    "cmp": "528.20",
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    "chgp": "-1.01%",
    "dir": -1,
    "prev_price": "533.60",
    "mcapval": "10,252.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 509631,
    "symbol": "HEG",
    "ind_name": "Electrodes & Refractories",
    "ind_code": 39,
    "indexname": "",
    "isin": "INE545A01024",
    "curr_date": "Dec 17",
    "curr_time": "",
    "bse_nse_vol": "2.77 lacs",
    "exc_status": "Active",
    "traded_date": "Dec 17, 2025",
    "traded_date_str": "2025 12 17",
    "score": "",
    "scoreText": "",
    "Live": 0,
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  "news": {
    "results": [
      {
        "title": "HEG Stock Shows Shift in Technical Momentum Amid Mixed Indicator Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/heg-stock-gains-momentum-as-technical-indicators-signal-bullish-shift-3759291",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/HEG_technicaldot_3759291.png",
        "date": "2025-12-16 08:02:26",
        "description": "HEG, a key player in the Electrodes & Refractories sector, has exhibited a notable shift in its technical momentum, reflecting a complex interplay of indicator signals that suggest evolving market dynamics. Recent evaluation adjustments highlight a transition towards a more bullish technical trend, supported by moving averages and momentum oscillators, while some indicators remain neutral or mixed, underscoring the nuanced nature of the stock’s current price action."
      },
      {
        "title": "HEG Stock Analysis: Technical Momentum Shifts and Market Performance Insights",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/heg-stock-analysis-technical-momentum-shifts-signal-mildly-bullish-outlook-3758211",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/HEG_technicaldot_3758211.png",
        "date": "2025-12-15 08:00:30",
        "description": "HEG, a key player in the Electrodes & Refractories sector, has exhibited notable shifts in its technical momentum and market assessment, reflecting evolving investor sentiment and market dynamics. This article delves into the recent technical indicator signals, price movements, and comparative returns to provide a comprehensive overview of the stock’s current positioning."
      },
      {
        "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."
      }
    ],
    "total": 241,
    "sid": "212597",
    "stock_news_url": "https://www.marketsmojo.com/news/heg-212597"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "15-Dec-2025",
      "details": "Attached",
      "source": "BSE"
    },
    {
      "caption": "RBI Compounding Order Relating To Bhilwara Infotechnology Limited (BIL) A Wholly Owned Subsidiary Of HEG Limited:",
      "datetime": "11-Dec-2025",
      "details": "Attached",
      "source": "BSE"
    },
    {
      "caption": "Report On Re-Lodgment Of Transfer Requests Of Physical Shares",
      "datetime": "08-Dec-2025",
      "details": "attached",
      "source": "BSE"
    }
  ],
  "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 Shows Shift in Technical Momentum Amid Mixed Indicator Signals

2025-12-16 08:02:26

HEG, a key player in the Electrodes & Refractories sector, has exhibited a notable shift in its technical momentum, reflecting a complex interplay of indicator signals that suggest evolving market dynamics. Recent evaluation adjustments highlight a transition towards a more bullish technical trend, supported by moving averages and momentum oscillators, while some indicators remain neutral or mixed, underscoring the nuanced nature of the stock’s current price action.

HEG Stock Analysis: Technical Momentum Shifts and Market Performance Insights

2025-12-15 08:00:30

HEG, a key player in the Electrodes & Refractories sector, has exhibited notable shifts in its technical momentum and market assessment, reflecting evolving investor sentiment and market dynamics. This article delves into the recent technical indicator signals, price movements, and comparative returns to provide a comprehensive overview of the stock’s current positioning.

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.