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HEG Limited (HEG) Price & Analysis

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HEG Stock Chart & Stats

₹642.60

₹9.35(1.45%)

At close: Jul 27 4:00 PM EDT

₹642.60

₹9.35(1.45%)

Day’s Range― - ―

52-Week Range₹205.05 - ₹753.90

Previous CloseN/A

Volume3.38M

Average Volume (3M)113.07K

Market Cap

₹69.31B

Enterprise Value₹106.07B

Total Cash (Recent Filing)₹6.36B

Total Debt (Recent Filing)₹0.00

Price to Earnings (P/E)13.0

Beta1.37

Next Earnings

Nov 03, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend Yield0.59%

Share Statistics

EPS (TTM)18.59

Shares Outstanding329,798,920

10 Day Avg. Volume60,339

30 Day Avg. Volume113,070

Financial Highlights & Ratios

PEG Ratio0.16

Price to Book (P/B)2.20

Price to Sales (P/S)4.07

P/FCF Ratio-159.87

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)10.17

Revenue Forecast (FY)₹30.80B

Bulls Say, Bears Say

Bulls Say

Revenue And Profit RecoveryThe return to revenue growth and positive earnings shows that HEG has recovered from the sharper weakness of 2024–2025. If growth persists, the improved operating base can support reinvestment and strengthen earnings power over the next several quarters.

Solid Balance SheetA large equity base relative to debt provides HEG with meaningful financial resilience as it operates through the cyclical steel and electrode markets. This balance-sheet capacity can help fund operations and preserve strategic flexibility when profitability fluctuates.

Exposure To EAF SteelmakingGraphite electrodes are essential inputs for EAF steel production, giving HEG a defined industrial role rather than relying on discretionary end-market demand. Its domestic and export sales also provide access to multiple steel-producing markets over time.

Bears Say

Weak And Volatile Cash GenerationReported profit is not consistently converting into cash, with operating cash flow declining and free cash flow turning negative in 2026. This reduces internally generated funding for investment, debt service, and shareholder returns, while increasing reliance on working-capital discipline.

Inconsistent ProfitabilityThe sharp swings in margins and earnings make the recent recovery less dependable as a long-term earnings base. Such inconsistency can complicate planning and capital allocation, particularly because HEG’s results are linked to cyclical steel activity and electrode conditions.

Debt Is RisingAlthough leverage remains moderate, the upward debt trend adds a growing financial obligation while earnings and cash generation are still uneven. If the recovery weakens, higher debt could constrain flexibility and place greater pressure on operating cash flow.

HEG Limited News

HEG Advanced Materials Updates Website After Corporate Rebranding

The latest announcement is out from HEG Limited ( ($IN:HEG) ). HEG Advanced Materials Limited has updated its...

2M ago

HEG

HEG Schedules Analyst Visit to REPLUS Giga Factory in Pune

HEG Limited ( ($IN:HEG) ) has shared an announcement. HEG Limited has announced a scheduled plant visit for...

2M ago

HEG

HEG Opens Special Window for Legacy Share Transfers, Urges KYC Update

HEG Limited ( ($IN:HEG) ) has issued an announcement. HEG Limited has published notices in national and regional...

2M ago

HEG

HEG Wins NCLT Nod for Demerger Into Two Listed Entities

HEG Limited ( ($IN:HEG) ) has shared an announcement. HEG Limited has secured approval from the National Company...

2M ago

HEG

HEG to Engage Investors at Motilal Oswal Global Conference in Mumbai

HEG Limited ( ($IN:HEG) ) has shared an announcement. HEG Limited has announced that its senior management will...

3M ago

HEG

HEG Limited Receives Updated Crisil ESG 57 Rating

HEG Limited ( ($IN:HEG) ) has issued an announcement. HEG Limited operates in the electrodes and refractories sector,...

3M ago

HEG

HEG to Host Regulated Plant Visit for Analysts and Institutional Investors

HEG Limited ( ($IN:HEG) ) has provided an update. HEG Limited, a major graphite electrode and carbon products...

3M ago

HEG

HEG Limited Publishes Q1 FY27 Earnings Call Transcript for Investors

The latest announcement is out from HEG Limited ( ($IN:HEG) ). HEG Limited has released the transcript of...

3M ago

HEG

HEG to Highlight Greentech Strategy in Mumbai Investor Roadshow

The latest update is out from HEG Limited ( ($IN:HEG) ). HEG Limited has scheduled a series of...

4M ago

HEG

HEG Files SEBI Demat Compliance Certificate for June Quarter

HEG Limited ( ($IN:HEG) ) has issued an update. HEG Limited has filed a compliance certificate under Regulation...

4M ago

HEG

HEG FAQ

What was HEG Limited’s price range in the past 12 months?

HEG Limited lowest stock price was ₹205.05 and its highest was ₹753.90 in the past 12 months.

What is HEG Limited’s market cap?

HEG Limited’s market cap is ₹69.31B.

When is HEG Limited’s upcoming earnings report date?

HEG Limited’s upcoming earnings report date is Nov 03, 2026 which is in 10 days.

How were HEG Limited’s earnings last quarter?

HEG Limited released its earnings results on Jul 22, 2026. The company reported ₹2.305 earnings per share for the quarter, missing the consensus estimate of ₹3.889 by -₹1.584.

Is HEG Limited overvalued?

According to Wall Street analysts HEG Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does HEG Limited pay dividends?

HEG Limited pays a Annually dividend of ₹3.4 which represents an annual dividend yield of 0.59%. See more information on HEG Limited dividends here

What is HEG Limited’s EPS estimate?

HEG Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does HEG Limited have?

HEG Limited has 329,798,920 shares outstanding.

What happened to HEG Limited’s price movement after its last earnings report?

HEG Limited reported an EPS of ₹2.305 in its last earnings report, missing expectations of ₹3.889. Following the earnings report the stock price went down -0.482%.

Which hedge fund is a major shareholder of HEG Limited?

Currently, no hedge funds are holding shares in IN:HEG

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

HEG Limited

HEG Advanced Materials Limited engages in the research and development of advanced battery materials, battery solutions. It manufactures custom machined components. The company also operates thermal power plants and a hydroelectric power facility. The company was formerly known as HEG Limited and change its name to HEG Advanced Materials Limited in September 2026. HEG Advanced Materials Limited was incorporated in 1972 and is headquartered in Noida, India.