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Shares of HEG edged higher by 10 per cent to Rs 2,398.65 on the BSE in intra-day trade on Monday ahead of the January-March quarter (Q4FY21) results later this week. The stock of graphite electrodes manufacturer was hovering close to its 52-week high levels of Rs 2,564 touched on April 9, 2021, in intra-day trade. At 02:42 pm, the stock was up 9.8 per cent at Rs 2,393 as compared to a 0.44 per cent gain in the S&P BSE Sensex. The trading volumes on the counter jumped over three-fold with a combined 1.1 million equity shares having changed hands on the NSE and BSE at the time of writing this report. ....
HEG, Graphite India Shares Surge On Heavy Trading Volumes HEG, Graphite India Shares Surge On Heavy Trading Volumes Shares of graphite electrode makers HEG Ltd and Graphite India were witnessing strong buying interest in an otherwise subdued session. Graphite India and HEG shares were in huge demand on the exchanges. Shares of graphite electrode makers HEG Ltd and Graphite India were witnessing strong buying interest in an otherwise subdued session on the back of heavy trading volumes. HEG shares rose as much as 14.12 per cent to hit fresh 52-week high of Rs 1,756 and Graphite India climbed 8.58 per cent to hit an all-time high of Rs 584.80. ....
Shares of graphite electrode (GE) manufacturers, Graphite India and HEG, were in focus, surging by up to 10 per cent, on the BSE on Wednesday on expectation of the pick-up in steel production globally is expected to drive demand for GEs. Shares of Graphite India hit a 52-week high of Rs 517.40, rallying 10 per cent on the BSE in intra-day trade on the back of heavy volumes. HEG s stock soared 9 per cent to Rs 1,635, trading close to its 52-week high of Rs 1,645.80, touched on March 3. In comparison, the S&P BSE Sensex was up 0.54 per cent at 51,301 points, at 02:28 pm. In the past one month, HEG s stock (up 34 per cent) and Graphite India (up 16 per cent) have outperformed the Sensex, which gained a marginal 0.02 per cent during the period. ....