HEG
513.70
-17.10(-3.22%)
Market Cap₹10,243.20 Cr
PE Ratio89.14
Company Performance:
1D-3.22%
1M+4.04%
6M+25.09%
1Y+20.86%
5Y+228.68%
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More news about HEG
20May 25
HEG Reports Q4 Net Loss, Recommends Dividend Despite Challenging Quarter
HEG Limited, a leading graphite electrode manufacturer, reported a net loss of ₹617.00 crore in Q4, up from ₹352.00 crore loss in the same quarter last year. Revenue slightly decreased to ₹540.00 crore from ₹550.00 crore year-over-year. Despite losses, the company announced a dividend of ₹1.80 per equity share. Quarter-on-quarter performance showed improvement with losses reduced from ₹983.00 crore in Q3.
19May 25
HEG Reports Q4 Loss, Announces Dividend Amid Challenging Market Conditions
HEG Limited, a leading graphite electrode manufacturer, reported a standalone net loss of ₹617.00 crore in Q4, up from ₹352.00 crore year-over-year. Q4 revenue slightly decreased to ₹540.00 crore from ₹550.00 crore last year. The company experienced an EBITDA loss of ₹490.00 crore, compared to a gain of ₹450.00 crore in the previous year's quarter. Despite financial challenges, HEG's board recommended a dividend of ₹1.80 per equity share. Annual performance showed a 1.54% decrease in revenue to ₹2,536.60 crore and a 41.45% drop in net profit to ₹311.70 crore for FY 2024.
07May 25
HEG Limited Boosts Stake in GrafTech International to 9.98%
HEG Limited, a leading graphite electrode manufacturer, has increased its stake in GrafTech International to 9.98% through a Rs. 34.59 crore investment in the secondary market. This strategic move aims to enhance HEG's global market position, potentially leading to knowledge sharing, supply chain synergies, and financial benefits. The investment comes amid fluctuations in the graphite electrode industry, influenced by steel industry performance and environmental regulations.
14Mar 25
HEG Ltd Unveils Rs 3,500 Crore Project Plan Post-Demerger of Graphite Business
HEG Ltd, a leading graphite electrode manufacturer, plans to invest Rs 3,000-3,500 crore in expansion projects following the demerger of its graphite business. The company will split into HEG Ltd for graphite electrodes and HEG Greentech Ltd for green energy initiatives. The demerger is expected to complete by December, with the new entity listing by January 2026. HEG has secured Rs 250 crore from Singularity AMC as the first phase of a Rs 500 crore funding plan.
13Mar 25
HEG Limited Unveils Ambitious Expansion Plans and ₹3000 Crore Capex Strategy
HEG Limited announces plans to list new companies by January 26 and incorporate a subsidiary, Bhilwara Energy. The company has raised ₹500 crore to support a ₹3000 crore capital expenditure plan, signaling significant growth and expansion strategies. These moves suggest potential diversification and strengthening of HEG's market position in the graphite electrode and energy sectors.
10Mar 25
HEG's Subsidiary Bhilwara Energy Secures ₹250 Crore Investment and Approves Modified Composite Scheme
HEG Limited has approved several significant developments: 1) Singularity Growth Opportunities Fund II will invest ₹250 crore in subsidiary Bhilwara Energy Limited (BEL) for a 9.6% stake. 2) BEL approved a fund raise of up to ₹500 crore for the HEG Greentech platform. 3) HEG's board approved a modified composite scheme involving demerger of its graphite business and amalgamation with HEG Graphite and BEL. HEG's ownership in BEL will decrease from 49.01% to 44.30% post-investment. The agreement includes governance provisions and shareholder rights for Singularity.
HEG
513.70
-17.10
(-3.22%)
1 Year Returns:+20.86%
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