SSelectStock

HEGHEG Limited

Capital Goods · Electrical Equipment & Parts · NSE · as of 2026-10-26 (delayed ~30 min in market hours)

HEG Limited manufactures and sells graphite electrodes in India and internationally. The company operates through two segments, Graphite Electrodes and Power Generation segments. It provides ultra-high power, high power, and regular power electrodes; graphite electrodes and nipples; blocks and rounds; graphite and carbon specialties; mini-rods; flux and heat exchanger tubes; and custom machined components. The company operates thermal power plants and a hydroelectric power facility. It serves refractory solutions, iron and steel, aluminum, chemical, metallurgy, electrochemical, power, cement, and glass industries. HEG Limited was incorporated in 1972 and is headquartered in Noida, India.

₹198.78
▼ 3.35%
34Weak

Mkt Cap
₹3,784 Cr
P/E
10.6
P/B
0.8
Div Yield
1.68%
52W High
₹753.90
52W Low
₹191.71

Price & Volume

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Key Ratios

Market Cap (₹ cr)3,783.90
P/E10.64
P/B0.81
PEG0.62
ROE %7.20
ROCE %5.60
Debt / Equity0.17
EPS18.69
Revenue Growth %10.40
Profit Growth %16.80
Dividend Yield %1.68
Promoter Holding %59.09
FII Holding %6.87
DII Holding %—
Beta0.69

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on HEG — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 63%

Why avoid

  • • Overall evidence is weak (AlgoScore 34/100)
  • • ROE: 7.2%
  • • ROCE: 5.6%
  • • RSI: 21
  • • Price vs EMA21: below

Bull case

  • • Profit growth: 16.8% YoY
  • • Debt/Equity: 0.17
  • • Promoter holding: 59.1%
  • • MACD: bullish

Bear case

  • • ROE: 7.2%
  • • ROCE: 5.6%
  • • RSI: 21
  • • Price vs EMA21: below

Key risks

  • • Elevated volatility / drawdown profile — size positions accordingly
  • • Momentum is fading versus the broader market
  • • ROE: 7.2%
  • • ROCE: 5.6%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹198.78
Stop Loss
₹189.79
risk 4.5%
Target 1 (1.5R)
₹212.26
+6.8%
Target 2 (3R)
₹225.74
+13.6%
Support (20d)
₹191.71
Resistance (52w)
₹753.90
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹8.99/share
ATR (volatility)
₹14.66
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹14.66). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental63
Technical29
Momentum0
Risk (safety)41

Peers — Capital Goods

SBC▲ 4.36%
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OMFREIGHT▲ 0.13%
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SEJALLTD▲ 4.54%
71
PRADPME▲ 3.83%
70
SPECTRUM▲ 0.39%
70
SHREEJISPG▲ 4.49%
69