HEG Ltd (HEG)
₹2361.9
HEG Ltd share Performance
- ₹2346₹2427.05₹2361.9
0.67%
Low
Day's Volatility:3.43%
High
2.76%
- ₹1111.5₹2556.1₹2361.9
52.94%
Low
52 Weeks Volatility:61.16%
High
8.22%
| Returns % | |
| 1 Month Return | 21.8 % |
| 3 Month Return | 38.07 % |
| 1 Year Return | 111.75 % |
| Market Stats | |
| Previous Close | ₹2,387.25 |
| Open | ₹2,399.60 |
| Volume | 1.85L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹9,213.71Cr |
Analyst Rating
based on 2 analysts
Based on 2 analysts offering long term price targets for HEG Ltd. An average target of ₹2360
Source: S&P Global Market Intelligence
Company Information
HEG was incorporated in 1972 and it started as an importer. In the early 90s, the company invested in a 100% export oriented cotton mill. During 1997, they expanded the graphite division to 24,000 tons and commissioned a 13.5 MW hydroelectric plant. This was the first hydroelectric project of its kind in the state of Madhya Pradesh.
In 2007, HEG sold its steel business to Jai Balaji Industries. At the end of 2015, the company took major initiatives for qualitative improvements and cost cutting measures. Thanks to their efforts, their FY 2018/19 was a record breaking year; they registered their highest net profit of Rs 1081.34 crore. Additionally, they decreased their debt and invested their cash surpluses in avenues that sustain growth. The Board of Directors also made an investment to buy 3,235,1004 shares in Bhilwara Energy Ltd. in April 2019, increasing their stake to 49%.
Share Price: ₹2361.90 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹9,213.71Cr as of today
Revenue: ₹562.40Cr as on December 2023 (Q4 23)
Net Profit: ₹43.67Cr as on December 2023 (Q4 23)
Listing date: 30 Nov, 1994
Chairperson Name: L N Jhunjhunwala
| Organisation | HEG Ltd |
| Headquarters | Noida |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
Key events for HEG Ltd
HEG Ltd Stock Trading at a Lower Price Compared to Industry Average - 30 Apr, 2024
HEG Limited's stock is trading below the industry average price-to-earnings ratio, indicating it is undervalued. With expected profit growth of 93%, higher cash flow could lead to a higher share valuation.
HEG Ltd Rallies Over 30% - 12 Apr, 2024
HEG Ltd has rallied over 30% since March 2024 and hit a fresh multi-year high in April. Short-term traders are advised to buy the stock now or on dips for a possible target of Rs 2500 in the next 1-2 months.
Fundamentals of HEG Ltd
Insights on HEG Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, HEG has outperformed top 5 stocks with highest market-cap in Electrical Components & Equipment
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 4.82% to 6.56% in Mar 2024 quarter
NO EFFECTFII Holding Unchanged
Foreign Institutions holdings remained unchanged at 6.86% of holdings in Mar 2024 quarter
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 55.78% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, KEI Industries Ltd has given 638.4% return, outperforming this stock by 634.7%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 139.12 Cr → 43.67 Cr (in ₹), with an average decrease of 42.8% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, HEG stock has moved down by -4.2%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 697.55 Cr → 592.3 Cr (in ₹), with an average decrease of 7.7% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 28.49% to 26.96% in Mar 2024 quarter
HEG Ltd Valuation
HEG Ltd in the last 5 years
Lowest (-519.09x)
May 24, 2021
Today (24.34x)
April 29, 2024
Industry (87.18x)
April 29, 2024
Highest (374.15x)
August 4, 2021
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 55.78% | 0.00 | |
| Foreign Institutions | 6.86% | 0.00 | |
| Mutual Funds | 6.56% | 0.00 | |
| Retail Investors | 26.96% | 0.00 | |
| Others | 3.84% | 0.00 |
Technicals of HEG Ltd share
News & Events of HEG Ltd
Frequently Asked Questions
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HEG Ltd (HEG) share price today is ₹2361.9
HEG Ltd is listed on NSE
HEG Ltd is listed on BSE
- Today’s highest price of HEG Ltd is ₹2427.05.
- Today’s lowest price of HEG Ltd is ₹2346.
PE Ratio of HEG Ltd is 24.34
PE ratio = HEG Ltd Market price per share / HEG Ltd Earnings per share
Today’s traded volume of HEG Ltd(HEG) is 1.85L.
Today’s market capitalisation of HEG Ltd(HEG) is ₹9213.71Cr.
| HEG Ltd(HEG | Price |
|---|---|
52 Week High | ₹2556.1 |
52 Week Low | ₹1111.5 |
HEG Ltd(HEG) share price is ₹2361.9. It is down -7.60% from its 52 Week High price of ₹2556.1
HEG Ltd(HEG) share price is ₹2361.9. It is up 112.50% from its 52 Week Low price of ₹1111.5
| HEG Ltd(HEG | Returns |
|---|---|
1 Day Returns | -25.35% |
1 Month Returns | 21.8% |
3 Month Returns | 38.07% |
1 Year Returns | 111.75% |