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HEG, a capital goods firm, surged over 30% post-March 2024, hitting a new multi-year high in April 2024. Experts foresee a potential rise to Rs 2500, stressing the importance of staying above the 1920 level for a bullish outlook. ....
While there are many ways to play the theme of industrial recovery, there is a set of companies, who don t come into headlines very often but a very high correlation between how the economy as whole is doing and a sector in particular. So while steel companies may come into news because of what happens to commodity prices and China, but the companies, which supply consumables like refractory material to them, don t come into the headlines. It is not only steel or metal, there are a host of sectors where there are niche players who supply critical input to another industry and their bottomline growth is linked to what is happening in the mother industry. Now there is little doubt that one after another things are turning better for many sectors, so some of these companies which supply industrial consumables are also coming into focus. ....
Shares of electrode manufacturers Graphite India Ltd and HEG Ltd surged over 10% in an otherwise subdued market today. The rally was led by high volumes of shares traded on BSE. The demand for graphite electrodes is expected to remain strong despite a slowdown in the global economy and rising interest rates to contain inflation, said Graphite India chairman KK Bangur post Q4 earnings. The bright outlook for the graphite electrode industry has pushed the two stocks higher in the last three sessions. While HEG stock has gained 14.25%, shares of Graphite India have risen 12.79% in the three sessions. ....
Hot stocks: Benchmark indices Sensex and Nifty opened lower today amid weak global cues. The 30-share Sensex slipped 103 points, or 0.17%, to 60,288. The NSE barometer Nifty fell 20.55 points, or 0.12%, to 17,791. Watch this Business Today Visual Story to the hot stocks on April 13, 2022. ....
Let’s start up with the current stock price of Aegon N.V. (AEG), which is $4.56 to be very precise. The Stock rose vividly during the last session to $4.585 after opening rate of $4.50 while the lowest price it went was recorded $4.50 before closing at $4.55.Recently in News on December 15, 2021, ....