HEG

HEG Limited · NSE · INE545A01024 · 254 sessions on record

₹728.25▲ +20.80 · +2.9%from ₹707.45 the session before · 4 Sept 2026 close · NSE end of day

Open: ₹709.00
High: ₹744.90
Low: ₹695.80
Day's range: ₹496.9% of the previous close
VWAP: ₹720.26close +1.1% from it
Volume, shares: 26 L1.53× the 20-session average
Turnover, ₹ crore: 180
Trades: 52,00050 shares per trade
Previous close: ₹707.45+20.80 to the close
Price band, next session: ₹655.45 – ₹801.1010% either side of the close · dynamic, widened in 5% steps when hit

Day range66% of the way up

₹695.80₹744.90

52-week range91% of the way up

₹470.80 23 Mar₹753.90 1 Sept

−3.4% from the high · +55% from the low

Futures and options

No derivatives listed on HEG

Close ₹ · Nifty 50 rebased to the first close · futures open interest by the day's build-up126 sessions to 4 Sept · axis fixed at 4 × ATR-14 around the last close · hover or tap a session and the read beside the chart follows it

254 sessions on file · from 28 Aug

HEG close
Nifty 50, rebased

Session read · latest close: 4 Sept 2026
Close ₹ · day %: ₹728.25▲ +2.9% on the previous close
Against Nifty 50: Nifty +0.1%+2.8 pp difference on the day
Against the averages: above 20 · above 5020-session ₹709.94 (+2.6%) · 50-session ₹642.70 (+13%)
Volume: 1.53×the previous 20 sessions · 26 L shares
Extremes on the day: none

The market after the news

close against the last close before each bulletin · Nifty 50 over the same sessions

After the last 5 bulletins, HEG closed higher five sessions later in 2 of 5.

Close after each bulletin on the day, one session later and five sessions later, with Nifty 50 and futures open interest
Bulletin	Day of the news	1 session later	5 sessions later	Futures OI on the day
12 FebHEG reports strong revenue growth and capacity expansion	▼ −1.0%Nifty −1.3% · +0.3 pp	▼ −0.2%Nifty −0.5% · +0.3 pp	▲ +4.6%Nifty −0.9% · +5.5 pp	—
12 FebHEG reports strong revenue and profit growth in Q3	▲ +0.6%Nifty −0.6% · +1.1 pp	▼ −0.5%Nifty −1.9% · +1.4 pp	▲ +3.2%Nifty −1.9% · +5.1 pp	—
12 NovHEG Limited reports strong Q2 FY25-26 results and demerger plans	▼ −1.3%Nifty 0.0% · −1.3 pp	▼ −1.2%Nifty +0.1% · −1.3 pp	▼ −1.7%Nifty +1.2% · −2.9 pp	—
11 NovHEG approves ₹6.33 billion investment in TACC debentures	▼ −1.8%Nifty +0.7% · −2.5 pp	▼ −3.1%Nifty +0.7% · −3.8 pp	▼ −2.2%Nifty +1.4% · −3.6 pp	—
11 NovHEG reports 73% profit surge on 23% revenue growth	▲ +2.4%Nifty +0.5% · +1.9 pp	▲ +0.6%Nifty +1.2% · −0.6 pp	▼ −0.5%Nifty +1.3% · −1.8 pp	—

5 of 5 bulletins

Quarterly results

consolidated · latest filed 22 Jul, 06:29 pm IST · NSE filings

Revenue ₹681 cr; profit ₹122 cr in the Jun 2026 quarter, consolidated.

Last 2 quarters, consolidated₹ crore as filed · year on year against the same quarter a year earlier · market: close on the first session after the filing against the last close before it, Nifty 50 over the same session

Quarterly results of HEG on the consolidated basis with the market's move on the first session after each filing
Quarter	Revenue ₹ cr	Revenue YoY	Profit ₹ cr	Profit YoY	EPS ₹	Market on the day
Jun 2026filed 22 Jul	₹681 cr	—	₹122 cr	—	6.34	▲ +4.2%Nifty −0.5% · +4.7 pp
Mar 2026filed 29 Apr · audited	₹603 cr	—	−₹114 cr	—	-5.90	▼ −9.5%Nifty −0.7% · −8.7 pp

Fundamentals

consolidated · filings to Jun 2026 · close ₹728.25 on 4 Sept

a 0.47% dividend yield.

Valuationarithmetic on filings and the close · each cell names what it rests on · — where an input is missing

Market cap: —no NSE market-cap record yet
Price to earnings: —fewer than four consecutive quarters filed
Trailing EPS: —fewer than four consecutive quarters filed
Price to book: —no NSE market-cap record yet
Book value a share: —no NSE share count yet
Debt to equity: 0.17borrowings over equity · consolidated · balance sheet to Mar 2026
Return on equity: —needs two filed balance sheets
Dividend yield: 0.47%₹3.40 a share in 365 days
Face value: —no NSE record yet
Shares outstanding: —no NSE record yet

Growthsums of the four quarters filed to Jun 2026 · growth against the four quarters before them · consolidated

Revenue, trailing 12 months: —fewer than four consecutive quarters filed
Revenue growth, 12 months: —needs eight consecutive quarters filed
Revenue 3-year CAGR: —needs twelve consecutive quarters filed
Profit, trailing 12 months: —fewer than four consecutive quarters filed
Profit growth, 12 months: —needs eight consecutive quarters filed
Profit 3-year CAGR: —needs twelve consecutive quarters filed

PeersBSE sub-group Electrodes & Refractories · F&O stocks with filings on record · industry P/E needs two stocks with trailing profit and a market cap

Stocks in the BSE sub-group Electrodes & Refractories with market cap, price to earnings and price to book
Stock	Market cap ₹	P/E	P/B	Close ₹
GRAPHITEGraphite India Limited	15,000 cron 1 Oct	—	2.6	₹786.15
RPELRaghav Productivity Enhancers Limited	8,400 cron 1 Oct	—	34	₹1,818.90
VESUVIUSVesuvius India Limited	8,200 cron 1 Oct	—	4.7	₹404.10
RHIMRHI MAGNESITA INDIA LIMITED	7,900 cron 1 Oct	—	2.2	₹384.85
IFGLEXPORIFGL Refractories Limited	1,400 cron 1 Oct	—	1.2	₹189.55
ORIENTCERORIENT CERATECH LIMITED	530 cron 1 Oct	—	1.8	₹44.10
DENORADe Nora India Limited	380 cron 1 Oct	—	3.0	₹723.90
HEGHEG Limited	—	—	—	—

Shareholding

quarter to 8 Sept · none pledged · NSE filings

Promoters hold 60.7%, foreign portfolio investors 5.3%, mutual funds 4.3% and insurance companies 0.4%, as filed for the quarter to 8 Sept.

60.7%12.6%

By category, last 3 quarterspercent of shares · beneath each figure, the change in percentage points against the previous quarter on file

Shareholding of HEG by category over the last 3 quarters with the change against the previous quarter
Category	8 Sept	30 Jun	31 Mar
Promoters	60.72▲ +4.44 pp	56.280.00 pp	56.28
Foreign portfolio investors	5.29▼ −3.18 pp	8.47▼ −1.76 pp	10.23
Mutual funds	4.27▼ −3.31 pp	7.58▲ +0.79 pp	6.79
Insurance companies	0.42▼ −0.55 pp	0.97▼ −0.20 pp	1.17
Banks and financial institutions	8.08▲ +7.36 pp	0.72▲ +0.05 pp	0.67
Individual investors	12.58▼ −6.15 pp	18.73▲ +1.27 pp	17.46
Bodies corporate	6.37▲ +3.13 pp	3.24▼ −0.14 pp	3.38
Other foreign holders	1.25▲ +1.25 pp	—	—
Others	1.02▼ −2.99 pp	4.01▼ −0.01 pp	4.02

Corporate actions

NSE and BSE records

Nothing upcoming on record; the last was a Demerger, ex-date 7 Sept 2026.

Actionsex-dates · upcoming first, then the last eight · dividends in rupees a share, bonus and split as ratios

Corporate actions of HEG, upcoming first, then the most recent
Ex-date	Action	Amount or ratio	Record date	Source
recent
7 Sept 2026	otherDemerger	—	7 Sept 2026	NSE
22 Jul 2026	dividend	₹3.40	22 Jul 2026	NSE
13 Aug 2025	dividend	₹1.80	13 Aug 2025	NSE
18 Oct 2024	split	—	18 Oct 2024	NSE
31 Jul 2024	dividend	₹22.50	—	NSE

Calendaras notified to the exchange

Next results: —no board meeting notified yet
Dividends in 365 days: ₹3.40a share · ex-dates inside the year
Last dividend: ₹3.40ex-date 22 Jul 2026

Price history

254 sessions on record · to 4 Sept · NSE end of day

HEG is +8.1% over 20 sessions against Nifty's −2.7%, 3.4% below its 52-week high, realised volatility 36% annualised.

Returns against Nifty 50longest window first · Nifty 50 over the same sessions

Returns of the stock and Nifty 50 over six windows, longest first
Window	From ₹	HEG %	Nifty 50 %	Difference pp
250 sessionssince 2 Sept	₹478.26	▲ +52%	▼ −2.8%	+55
120 sessionssince 11 Mar	₹524.75	▲ +39%	▲ +0.13%	+39
60 sessionssince 11 Jun	₹511.99	▲ +42%	▲ +3.2%	+39
20 sessionssince 7 Aug	₹673.99	▲ +8.1%	▼ −2.7%	+11
5 sessionssince 28 Aug	₹737.32	▼ −1.2%	▼ −1.1%	−0.08
1 sessionsince 3 Sept	₹707.45	▲ +2.9%	▲ +0.10%	+2.8

Averages of the closeclose against each average

5-session average: ₹720.16close +1.1% from it
20-session average: ₹709.94close +2.6% from it
50-session average: ₹642.70close +13% from it
200-session average: ₹578.90close +26% from it

Range and volumetrue range over 14 sessions · high to low over 20 · volume against the 20-session average

Average true range, 14: ₹294.0% of the close
Average day's range, 20: ₹263.6% of the close
Volume against 20 sessions: 1.53×26 L vs 18 L average

Volatility and co-movement with Nifty 50annualised from daily log returns · counts share one denominator per cell

Realised volatility, 20: 36%≈ ±2.3% a session · moved more than that on 5 of 20
Realised volatility, 60: 35%≈ ±2.2% a session · moved more than that on 17 of 60
Realised volatility, 250: 40%≈ ±2.5% a session · moved more than that on 60 of 250
Beta to Nifty, 60: 0.79moved with Nifty on 36 of 60 sessions
Beta to Nifty, 250: 1.07moved with Nifty on 152 of 250 sessions

Up and down sessionscloses above and below the previous close

Last 20 sessions: 10 up · 10 downof 20
Last 60 sessions: 30 up · 30 downof 60
Last 250 sessions: 129 up · 121 downof 250
Best session, 250: ▲ +14%27 Mar
Worst session, 250: ▼ −9.5%30 Apr

HEG Limited is in 1 NSE index

Nifty500 Ahimsa

6 bulletins on HEG

latest 21 Sept 2026

Beats in the coverage

Manufacturing5

Often mentioned with

WELCORP1

September 2026

21 Sept Order wins worth ₹3,300 crore may impact six stocksSix companies are expected to see trading activity on 21 Sep after securing contracts exceeding ₹3,300 crore across sectors like oil and gas, telecom, and railways. Notable contracts include Welspun Corp's ₹2,000 crore deal with Saudi Aramco and HEG Advanced's ₹218 crore order from Indus Towers.High

February 2026

12 Feb HEG reports strong revenue growth and capacity expansionHEG reported strong revenue and profit growth driven by high capacity utilization and cost advantages. The company is expanding capacity to meet rising demand for EAF products, with stable pricing expected in the near term.High 12 Feb HEG reports strong revenue and profit growth in Q3HEG reported strong revenue and profit growth driven by high capacity utilization and cost advantages. The company is expanding capacity to meet rising demand for EAF products while maintaining a strong balance sheet amid stable pricing.Medium

November 2025

12 Nov HEG Limited reports strong Q2 FY25-26 results and demerger plansMedium 11 Nov HEG approves ₹6.33 billion investment in TACC debenturesMedium 11 Nov HEG reports 73% profit surge on 23% revenue growthHigh

About HEG Limited

exchange masters as of 18 Sept 2026 · classification by BSE

Company: HEG Limited
Exchange: NSE · BSE 509631, group T
Listed on NSE: 10 May 1995
Classification: Industrials › Capital Goods › Industrial Products › Electrodes & Refractories
Index: BSE 500
Face value: ₹2 a share
ISIN: INE545A01024
Sessions on record: 254
Price source: NSE UDiFF bhavcopy · end of day · delayed
Filings: NSE and BSE public disclosures · results, shareholding and corporate actions as filed
Computed: 2 Oct, 02:27 am IST
Bulletins: 6 · written by the desk · not a recommendation

OI Charts is not a SEBI-registered investment adviser or research analyst. Prices, open interest, filings and the desk read are exchange data and arithmetic on it, not a basis for any investment decision.