HEG hit an upper circuit of 10% at Rs 614.95, extending its rally for third session since Friday, 3 April 2020.
Shares of HEG have risen 25.73% in three consecutive sessions from its recent closing low of Rs 489.10 on Friday, 3 April 2020.
On a consolidated basis, HEG reported a net loss of Rs 1.23 crore in Q3 December 2019 as compared to net profit of Rs 865.45 crore in Q3 December 2018. Net sales tanked 78.89% to Rs 393.69 crore in Q3 December 2019 over Q3 December 2018.
HEG is engaged in manufacturing of graphite electrodes, which are used by manufacturers of steel. The firm's segments include graphite, power and unallocable items/others.
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