HEG Ltd.

NSE: HEG | BSE: 509631 | ISIN: INE545A01024 | Industry: Other Industrial Goods
| Mid-range Performer

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HEG Ltd.
11 Aug 2017
404.65
1.11%
ICICI Securities Limited
We attended the investor teleconference held by the company. The management highlighted the recent developments in the global graphite electrode market that have a fairly positive impact on the industry. The Chinese government's clampdown on polluting industry impacted both steel production (induction furnace route) and graphite electrode manufacturers. The management indicated that China has witnessed a capacity closure (graphite electrode) to the tune of ~50%, which has created a shortage of electrodes in the country providing a fillip to...
HEG Ltd. average weekly volume is high.
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