HEG Ltd.

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

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HEG Ltd.
03 Jan 2018
404.65
1.11%
ICICI Securities Limited
Both HEG and Graphite India, domestic graphite electrode stocks, have seen a sharp run up on the bourses in the last few months. A sustained positive outlook on the global graphite electrode segment coupled with healthy realisations of both global and domestic manufacturers has driven the strong rally. Key triggers have been: 1) consolidation of graphite electrode market globally, 2) ~20% of the global graphite electrode capacity (ex-China) shutting down in the last three years, 3) increase in steel production through EAF route (outside China) coupled with an...
HEG Ltd. has lost -30.08% in the last 3 Months
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