HEG Ltd.

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

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HEG Ltd.
03 Nov 2017
400.20
-1.46%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research HEG reported a stellar Q2FY18 performance marked by healthy capacity utilisation levels and a sharp increase in realisation Topline for the quarter was at | 409.5 crore (up 115.5% YoY, 99.4% QoQ, notably higher than our estimate of | 303.3 crore). The capacity utilisation during the quarter was in line with our estimate of ~85% The raw material cost (as a percentage of sales) declined to 29.8% in Q2FY18 (vs. 47.7% in Q2FY17 and 46.4% in Q1FY18). The lower raw...
HEG Ltd. has gained 16.74% in the last 1 Month
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