HEG Ltd: Company Overview and Strategic Outlook
Company Profile:
- Name: HEG Ltd
- Headquarters: Noida, Uttar Pradesh, India
- Core Business: Manufacturing of graphite electrodes
- Production Capacity: Approximately 80,000 tonnes per annum
- Global Presence: Exports to over 30 countries
Strategic Initiatives:
HEG Ltd is focusing on expanding its production capacity to meet the anticipated increase in global demand. The company is also investing in research and development to enhance the quality of its graphite electrodes and explore new applications in emerging technologies.
Financial Performance:
- Revenue (FY 2024-25): ₹3,500 crore
- Net Profit: ₹700 crore
- ROE: 4%
- CMP: 533.50 (MORE THAN 8% UP IN A DAY)
- Target Price: short term 620 / long term 890
- HEG Ltd has successfully broken the key resistance level of ₹510 and is currently sustaining above it, trading at around ₹533.
