HEG Ltd. News and Updates

Name: Latest research reports of HEG Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: HEG Ltd.
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Author: ICICI Securities Limited

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HEG Ltd.

27 May 2019

492.45

-0.84%

HEG Limited

Sell: HEG Ltd.

Recommendation Target

ICICI Securities Limited

HEG reported a steady Q4FY19 performance wherein the topline came in marginally lower than our estimates while EBITDA and PAT came in higher than our estimate. The company reported a capacity utilisation of ~80% (lower than our estimate of 85% in Q4FY19, 84% in Q4FY18 and 82% in Q3FY19). HEG reported a topline of | 1346.7 crore (down 27.8% QoQ, up 4.2% YoY, marginally lower than our estimate: | 1393.6 crore). EBITDA for the quarter was at | 788 crore (higher than our estimate of | 695.7 crore). EBITDA margin was at 58.5% (higher than our estimate of 49.9% in Q4FY19,...

HEG Ltd. is trading above its 200 day SMA of 471.1

HEG Ltd.

07 Mar 2019

492.45

-0.84%

Buyback offer of HEG opens on Friday

Business Line

The 750-crore buyback offer of HEG will open on Friday and close on March 22. Through the offer the company aims to buy back 13.63 lakh shares at 5

HEG Ltd. is trading below its 30 day SMA of 506.6

HEG Ltd.

19 Feb 2019

492.45

-0.84%

HEG Limited

Buy: HEG Ltd.

Target

ICICI Securities Limited

The revenue from operation came in at |1865 crore (up 121% YoY, 4% QoQ) higher than our estimates of |1630.8 crore. Utilization for the quarter came in at ~82%, broadly in line with our estimate of 85%. HEG reported an EBITDA of |1313.5 crore higher than our estimate | 1021.5 crore, the resultant EBITDA margin came in at 70.4% (as against our estimate of 62.6%, Q3FY18: 66.2%, Q2FY19: 76.2%)....

HEG Ltd. has gained 32.41% in the last 6 Months

HEG Ltd.

13 Feb 2019

492.45

-0.84%

HEG slips 2% despite stellar Q3 results

Economic Times

HEG's December quarter profit jumped more than two-fold to Rs 866.83 crore.

HEG Ltd. has gained 32.41% in the last 6 Months

HEG Ltd.

12 Feb 2019

492.45

-0.84%

HEG falls 20% in four trading sessions ahead of December quarter earnings

Business Standard

HEG was down 8% to Rs 2,025 ahead of December quarter result later in the day

HEG Ltd. is trading below its 30 day SMA of 506.6

HEG Ltd.

05 Feb 2019, 10:34PM

492.45

-0.84%

HEG to turn ex-date for buyback

Business Line

Shares of HEG will remain in focus, as they turn ex-date on Thursday for the proposed 750-crore buyback. The company plans to buy back 13.63 lakh sh

HEG Ltd. is trading below its 30 day SMA of 506.6

HEG Ltd.

28 Jan 2019

492.45

-0.84%

HEG nears 52-week low; stock tanks 18%; down 31% in three sessions

Business Standard

The stock tanked 18% to Rs 2,244, falling 31% in past three trading days, quoting close to its 52-week low price of Rs 2,214 touched February 2, 2018 in intra-day trade.

HEG Ltd. is trading below its 30 day SMA of 506.6

HEG Ltd.

28 Jan 2019

492.45

-0.84%

More pain for Graphite India, HEG; stocks tank up to 15%

Economic Times

Shares of HEG fell for the third straight session, declining 11 per cent.

HEG Ltd. is trading below its 30 day SMA of 506.6

HEG Ltd.

16 Jan 2019

492.45

-0.84%

HEG Ltd.

Results Update: HEG Ltd.

AUM Capital

HEG Ltd, incorporated in 1973 is a premier company of the LNJ Bhilwara group, is India's leading graphite electrode manufacturer. It has one of the largest integrated Graphite Electrode plants in the world, processing sophisticated UHP (Ultra High Power) Electrodes. The company exports over 70% of its production to more than 30 countries of the world. It has also established a Power Plant of 77MW capacity to cater its in-house demand for electricity which is one of the major inputs in manufacturing Graphite electrodes. The Graphite Electrode plant of the company is...