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HEG erases three-week loss in two days by surging 37% ahead of board meet

The stock surged 15% to Rs 3,045, extending its Wednesday's 20% rally ahead of board meeting today to consider either the interim dividend or proposal for buy back of equity shares.

HEG erase three weeks losses in two days by surging 37% ahead of board meet
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SI Reporter Mumbai
HEG has surged an over 10% to Rs 3,045 on BSE in intra-day trade, extending its Wednesday’s 20% rally ahead of board meeting today to consider either the interim dividend or proposal for buy back of equity shares of the Company.

The stock of the leading graphite electrode manufacturer has rallied 37% in past two trading sessions from Rs 2,215 on BSE. The BSE & NSE have revised the circuit filter of the stock from 5% to 20% with effect from Wednesday, February 7, 2018.

HEG erased its entire 30% decline recorded during three weeks in past two

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