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HEG LTD. 804.70 5.30 (0.66%)

  • BSE: 509631
  • |
  • NSE: HEG
  • |
  • ISIN NO: INE545A01016
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  • INDUSTRY: Other Industrial Goods
Profile

HEG

HEG Limited or HEG

HEG was incorporated in 1972 as Hindustan Electro–Graphite and it is among the leading graphite electrode manufacturer in India. The company also owns one of the largest integrated graphite electrode plants in the South–East Asia that processes sophisticated UHP (Ultra High Power) Electrodes. HEG is a flagship company of the LNJ Bhilwara group, and it exports over 80% of its production to about more than 25 countries. It includes the USA, Canada, ... Germany, France, Italy, Australia, South Korea, and many more. Company has clientele including the majors such as ArcelorMittal, Posco, ThyssenKrupp, US Dynamics, Nucor, Severstal, and Usinor, to name few. The company has an employee strength of about 1100 employees.

Research and Development:

The Company also has a dedicated R&D Set–up for the Carbon and Graphite. The company operates a separate R&D facility that focuses on working on developmental projects as well as the projects to sustain and enhance the competitiveness of the company. This company the facility has entered into a collaboration with a well-known organization. Such as IIT or Indian Institute of Technology, Kanpur, RRL (Regional Research Laboratory, CSIR) Bhopal,  CEFES (The Center for Environment, and Fire & Explosive Safety), New Delhi, are some amongst the others.

Some of the Business Division:

Graphite Electrode– It is the core business, and in this division accounts for 80% of the revenue. In 1977, the company entered into a technical and financial collaboration with the Societe Des Electrodes Et Refractaires Savoie (SERS), a subsidiary of Pechiney of France. Also, the manufacturing facility of the Company is located at the Mandideep (Madhya Pradesh). At present, the Mandideep has an aggregate production capacity of about 60,000 TPA. Now, the company has set up a Coal Based 25 MW Captive Power Plant in the year 2005. Power– the Company has set up a group first hydropower project having a power-producing capacity of about 13.5 MW. This facility is located at the Hoshanabad (Madhya Pradesh). In 1992, the company set up a coal-based sponge iron division with the SIIL technology (basically SL/RN process from Lurgi, Germany). This Steel Plant has a captive capacity of about 12.8 MW capacity. Carbon Speciality– This particular HEG operates on division, such as activated carbon fabric (ACF), Carbon Blocks, and Graphite Specialties. As ACF, is highly porous and used in forms such as granular, palletized, powdered, and molded. ACF also has several applications in Air–conditioner filters, Air purifying filters, Clean rooms, all other types of pollution control filters, Refrigerator deodorizer and Cigarette filters. Also, the company manufactures Fine Grain Carbon Blocks on special orders. Company Graphite Specialties division manufactures various graphite products in the specific sizes and shapes as per the customer requirements. LNJ Bhilwara Group (that is a Parent Company) LNJ Bhilwara Group was established in 1961 as a textile mill located at Bhilwara, Rajasthan and L. N. Jhunjhunwala founded it. Today the group has diversified in various businesses such as textiles, graphite electrodes, power and IT. Also, the New DevelopmentsHEG is expanding its captive power generation capacity by 33 MW by investing INR 90 crore. And any surplus in power the company also plans to sell the State Electricity Board. The company also plans to increase its graphite electrode capacity to 80,000 TPA. It is accomplished through the brownfield expansion and debottlenecking of the existing capabilities, this project also requires a capital cost of INR 190 crore.

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Key Data
  • Market cap 2889.00 CR.
  • Book value 886.86
  • Stock P/E 0
  • Dividend Yield 3.34%
  • ROCE -0.16%
  • ROE -0.53%
  • Sales Growth (3Y) 35.67%
  • Face Value (3Y) 10.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM - -
11 AM - -
12 PM - -
1 PM - -
2 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Higher High Higher Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 657.47 709.47 761.47 780.43 813.47 832.43 865.47 917.47 969.47
woodie's 711.00 763.00 778.75 815.00 830.75 867.00 882.75 919.00 971.00
fibonacci - 761.47 781.32 793.60 813.47 833.33 845.61 865.47 -
camarilla 770.80 785.10 789.87 794.63 -- 804.17 808.93 813.70 828.00
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 696.10
884.00
779.79 14.00 % 1.48 %
20 DAY 659.00
884.00
737.87 14.18 % 5.01 %
50 DAY 659.00
884.00
728.97 10.64 % 10.14 %
100 DAY 659.00
950.00
762.70 -0.08 % 13.98 %
200 DAY 409.60
1299.95
785.15 6.86 % 40.86 %
YTD 409.60
1299.95
823.02 -24.24 % 6.75 %
52 Week 409.60
1598.00
923.64 -29.32 % 7.33 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Up On 2020-04-13
624.50 ~ 615.50 SUPPORT
Unfilled Gap Up On 2020-04-09
590.00 ~ 559.55 SUPPORT
Unfilled Gap Down On 2020-02-12
1065.00 ~ 1165.00 RESISTANCE
Unfilled Gap Down On 2019-04-23
1925.20 ~ 1926.05 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by -10.93 %

In Last 5 Year the industry has grown by 1.19 %

Peer comparison

Sales

COMPANY NAME 2014 2015 2016 2017 2018 2019
HEG 1440.00 1228.00 870.00 859.00 2748.00 6591.00
IFGLEXPOR 766.00 835.00 940.00
GRAPHITE 2009.00 1711.00 1532.00 1468.00 3266.00 7858.00
AIAENG 2079.00 2182.00 2097.00 2246.00 2445.00 3070.00
ADORWELD 371.00 388.00 408.00 442.00 458.00 513.00
Total 1474.75 1377.25 1226.75 1156.20 1950.40 3794.40

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 APCOTEX INDUSTRIES LTD. 55973.52 108.00 52.74
2 IFGL Refractories Ltd 35341.54 98.00 141.83 14.00 11.26 1.39 27.25% 940.00 50.00 5.32% 12.57% 6.38%
3 ADOR WELDING LTD. 36456.11 268.80 195.42 18.04 16.93 1.79 4.18% 513.00 25.00 4.87% 12.01% 38.89%
4 AIA ENGINEERING LTD. 17600.79 1866.05 358.69 54.16 32.77 26.89 60.27% 3070.00 511.00 16.64% 25.56% 15.35% 11.62% 11.44%
5 DE NORA INDIA LTD. 9171.11 172.95 104.57
6 SKF India Ltd 7746.24 1570.00 361.65
7 GRAPHITE INDIA LTD. 4766.89 243.65 214.51 173.78 1.74 87.08 418.25% 7858.00 3396.00 43.22% 140.60% 229.07% 18.03% 30.56%
8 HEG LTD. 3106.95 804.30 1010.00 784.06 1.39 77.59 258.78% 6591.00 3026.00 45.91% 139.85% 175.34%
9 AMD INDUSTRIES LTD. 3227.98 16.89 67.85
10 ORIENT REFRACTORIES LTD. 2583.79 215.80 32.27
11 VESUVIUS INDIA LTD. 1792.86 879.95 375.21
12 ESAB INDIA LTD. 2118.30 1369.00 196.17
13 NRB INDUSTRIAL BEARINGS LTD. 1138.11 4.69 -2.08 0.12% 56.09 29.15%
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • 8.29
    Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 16.43
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
HEG 2008-11-14 GOLDMAN SACHS INVESTMENTS MAURITIUS I LTD S 256103.00 137.50
HEG 2008-10-10 CITIGROUP GLOBAL MARKETS MAURITIUS PVT LTD P 584615.00 140.00
HEG 2008-10-10 DEUTSCHE BANK AG LONDON GDR AC S 584615.00 140.00
HEG 2006-11-03 H.J.SECURITIES PVT.LTD. S 249945.00 187.92
HEG 2006-11-03 H.J.SECURITIES PVT.LTD. P 249945.00 187.37
HEG 2006-11-03 OPG SECURIES PVT LTD S 208144.00 183.01
HEG 2006-11-03 OPG SECURITIES PVT LTD P 208144.00 182.71
HEG 2006-10-27 FIDELITY FUNDS MAURITIUS S 1000000.00 140.00
HEG 2006-10-27 PRUDENTIAL ICICI PREMIER P 1000000.00 140.00
HEG 2006-10-06 SUNDARAM AC SELECT MIDCAP P 300000.00 136.25
HEG 2005-05-11 FIDELITY TRUSTEE COMPANY P 473582.00 135.00
HEG 2005-05-11 MERRILL LYNCH CAPITAL MAR S 529911.00 135.33
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
Dividend history
Ex Date Amount
2020-02-17 25.00
2019-08-09 50.00
2018-11-12 30.00
2018-07-13 50.00
2018-02-15 30.00
2015-09-14 3.00
2014-08-14 6.00
2013-09-06 8.00
2012-09-07 5.00
2011-09-02 5.00
2011-02-14 5.00
2010-09-08 10.00
2009-09-08 6.50
2008-09-17 3.00
2008-01-11 7.00
2007-09-18 5.00
2001-09-05 2.00
Bonus Data
Company Name Split Date From Value To Value
Split Data
Company Name Split Date From Value To Value