Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Electrical Equipment & Parts

HEG Limited manufactures and sells graphite electrodes in India and internationally. The company operates through Graphite Electrodes and Power Generation segments. It provides ultra-high power and high power electrodes; graphite electrodes and nipples; carbon blocks; graphite specialties; and activated carbon fabric products. The company operates thermal power plants and a hydroelectric power facility. HEG Limited was incorporated in 1972 and is based in Noida, India.

Revenue projections:

Revenue projections for HEG
Revenue projections for HEG

HEG's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 2.407000
forwardPE 13.511353
debtToEquity 13.812000
earningsGrowth 0.744000
revenueGrowth 0.232000
grossMargins 0.593520
operatingMargins 0.092390
trailingEps 13.360000
forwardEps 38.180000

HEG's current ratio is 2.407, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as HEG should not face any issues meeting its short-term liabilities with available resources.
HEG's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.
HEG's low Debt-to-Equity ratio highlights its minimal reliance on debt, showing that the company is not over-leveraged. This contributes to lower financial risk and greater stability, giving HEG a stronger position in managing its financial obligations.
HEG Limited's positive earnings and revenue growth suggest that the company is expected to expand its business. This reflects a healthy financial outlook, as HEG Limited's increasing profits and sales signal further growth in the near future.
HEG's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that HEG's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.

Price projections:

Price projections for HEG
Price projections for HEG

The current price of HEG Limited aligns with projections, showing no clear risks or opportunities. This lack of volatility suggests a stable environment for investors, who may wish to hold off on major adjustments until market conditions change.

Insider Transactions:

Insider Transactions for HEG
Insider Transactions for HEG


2 purchases of HEG stock were recorded, with market price of 511.15000915527344 per share.During the period under review, no buy transactions were recorded.HEG has experienced more selling activity at current price levels, which could suggest a bearish outlook. If the trend of increased selling continues, it may result in further price declines for the stock.

Recommendation changes over time:

Recommendations trend for HEG
Recommendations trend for HEG


HEG Limited has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see HEG Limited as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.