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HEG Ltd
NSE:HEG

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HEG Ltd
NSE:HEG
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Price: 652.5 INR -2.38% Market Closed
Market Cap: ₹125.9B

HEG's latest stock split occurred on Oct 18, 2024

The company executed a 5-for-1 stock split, meaning that for every share held, investors received 5 new shares.

Before the split, HEG traded at 2570.4 per share. Afterward, the share price was about 496.35.

The adjusted shares began trading on Oct 18, 2024. This was HEG's 2nd stock split, following the previous one in Nov 25, 1994.

Last Splits:
Oct 18, 2024
5-for-1
Nov 25, 1994
2-for-1
Pre-Split Price
514.08 2 570.4
Post-Split Price
496.35
Before
After
Last Splits:
Oct 18, 2024
5-for-1
Nov 25, 1994
2-for-1

HEG Ltd
Stock Splits History

HEG Stock Splits Timeline
Oct 18, 2024
Oct 18, 2024
Split 5-for-1
x5
Pre-Split Price
514.08 2 570.4
Post-Split Price
496.35
Before
After
Nov 25, 1994
Nov 25, 1994
Split 2-for-1
x2
Pre-Split Price
N/A
Post-Split Price
20.2185
Before
After

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HEG Ltd
Glance View

HEG Ltd., a stalwart in the industrial landscape of India, emerges as a key player in the world of graphite electrode manufacturing. Graphite electrodes are indispensable in the production of steel through electric arc furnaces, a process favored for its efficiency and environmental benefits compared to traditional blast furnaces. Stepping into the sprawling facilities of HEG, one would witness the intricate fusion of technology and innovation that drives their production processes. The company boasts one of the largest graphite electrode plants in the world, located in Mandideep, Madhya Pradesh. This formidable capacity enables HEG to cater to both domestic and international markets, underpinning its status as a pivotal supplier to the global steel industry. The company's revenue model flourishes by tapping into the cyclical nature of the steel industry. As steel producers ramp up their output during periods of high demand, HEG stands resiliently prepared to supply the essential graphite electrodes that are crucial for this uptick in production. Leveraging its extensive R&D capabilities, HEG continually enhances the efficiency and quality of its electrodes, maintaining a competitive edge in a highly specialized market. This focus on innovation, coupled with strategic investments in production capacity, ensures that HEG can scale operations effectively while retaining a sharp focus on quality. As global markets continue to emphasize sustainable production practices, HEG's role in supporting greener steelmaking processes drives both its strategic direction and financial outcomes.

HEG Intrinsic Value
595.64 INR
Overvaluation 9%
Intrinsic Value
Price ₹652.5
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