News for HEG Limited (HEG.BO)

Feb 14, 2025 / 07:30AM GMTOperator Ladies and gentlemen, welcome to HEG Limited's Q3 FY25 results conference call organized by SKP Securities Limited. (Operator

Stocks including HCL Technologies, DMart, Adani Wilmar, Indian Overseas Bank, Ola Electric, ICICI Lombard, Biocon, PCBL, and more will be in the spotlight on Monday, January 13.

India's benchmark indices fell sharply, with Sensex down 1.59% and Nifty 1.62%, driven by broad-based selling and cautious investor sentiment over Human Metapneumovirus (HMPV) cases and global economic uncertainties, including the Fed's hawkish stance and strong dollar.

As many as 15 stocks hit their 52-week lows today. BSE 500 stocks such as Prince Pipes and Fittings Ltd and Tata Technologies Ltd hit their respective one-year low levels. That said, 250 stocks touched their one-year high levels today.

Smallcap stocks in India surged to record highs, driven by renewed investor confidence after the BJP's election win and expectations of earnings growth. The BSE Smallcap index jumped 11%, adding nearly Rs 8 lakh crore to market capitalization. While experts acknowledge the rally, they caution investors about potential risks and emphasize the importance of fundamental analysis.

The Nifty continues to hold above the breakout from an inverse head-and-shoulders pattern, signaling strength in the market, said Rupak De, Senior Technical Analyst at LKP Securities. "In this scenario, a buy-on-dips strategy appears to be a wise approach, particularly with the possibility of a short-term move toward 25,500," De added.

Lincoln Pharmaceuticals shares gained 46% week-on-week, making it the top gainer in the BSE Smallcap index. It ended at Rs 919.90 on Friday

Indian markets closed higher on Thursday, led by technology stocks. Positive comments from the US Fed Chair and anticipation of a dovish RBI policy boosted sentiment. FIIs have also started buying Indian stocks.

The NSE Nifty index closed 240.96 points up at 24708.4

HEG Limited to transfer unclaimed equity shares to IEPF Authority under Companies Act, 2013 provisions. Claim dividends before March 12th, 2025.

ET Now reported that approximately 28.8 lakh HEG shares, representing 6% equity in the company, were traded at an average price of Rs 600 per share.

The NSE Nifty index was trading 101.36 points down at 24366.1

Bharti Airtel, Cipla, Bajaj Auto, Tata Motors and Adani Ports SEZ were among the top losers on NSE in today's trade.

Niva Bupa Health Ins, Bang Overseas, Lincoln Pharma, HEG and Shivalik Rasayan, hit their fresh 52-week highs during the day.

The Nifty Pharma index closed 0.1 per cent at 22422.90.

In the Nifty pack, 31 stocks were trading in the green, while 19 stocks were trading in the red.

Analysts said that China's move could restrict exports to the US, . China is the world's leading producer of graphite, used for military applications and making of Electric Vehicle batteries.

In the Nifty 50 index, 41 stocks ended in the green, while 9 stocks closed in the red in today's trade.

In the Nifty 50 index, 35 stocks were trading in the green, while 15 stocks were trading in the red.