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H.E.G. Share Price Target 2024, 2025, 2026 to 2039 With Charts

HEG Limited

Company LogoSymbol: HEG
Price: ₹410.2
Exchange: NSE
Industrials -> Electrical Equipment & Parts
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H.E.G. Brief Company Overview

HEG Limited: A Graphite Electrode Powerhouse

Established in 1972, HEG Limited is a leading manufacturer of graphite electrodes, catering to the global steel and nonferrous metals industries.

The company's diverse product range includes ultra-high power and high power electrodes, carbon blocks, graphite specialties, and activated carbon fabric products.

HEG Limited has earned a strong reputation in the industry for its high-quality products and commitment to customer satisfaction.

In addition to its graphite electrode business, the company also operates two thermal power plants and a hydroelectric power facility.


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H.E.G. Financial Performance

MetricValueDescription
Market Capital8,600.06 CroreMarket valuation of H.E.G.'s shares.
Revenue (TTM)2,294.93 CroreTotal revenue generated by H.E.G. over the past twelve months.
Net Income (TTM)+195.59 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin-1.55%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin8.52%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-14.9%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-83.4%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
14.06Company's total debt divided by total shareholder equity.
Total Debt622.67 CroreSum of H.E.G.'s current & long-term financial obligations.
Total Cash711.96 CroreTotal amount of liquid funds available to H.E.G..
Beta1.57Beta is greater than 1 indicating that the H.E.G.'s price is more volatile than the market.

Is H.E.G. A Good Buy For Long Term?

H.E.G. is a mid-cap stock facing significant challenges. Its recent performance is alarming, with a -83.4% drop in earnings year-over-year and a -14.9% decline in revenue compared to the previous quarter. While it holds a healthy cash balance of 711.96 Crore, the debt of 622.67 Crore adds pressure. The stock's abysmal returns over the past year, particularly the -80.46% drop in the last three months, paint a bleak picture. Given these factors, H.E.G. is not a good buy for the long term.

To predict the H.E.G.'s future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

H.E.G. Share Price Target For 2024

 H.E.G. Targets For 2024 Chart

The line chart displays the monthly closing prices of H.E.G. with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for H.E.G. shares in 2024, see the table below.

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H.E.G. Share Price Target Table For 2024

H.E.G.'s LevelsValueReason/Importance
2024 Target 3425.25 (+3.66%)Price Action: 04 Nov 2024 Low
2024 Target 2420.35 (+2.47%)Fibonacci Extension Level 123.6%
2024 Target 1415.01 (+1.17%)Custom Fibonacci Extension Lvl 23.6%
Current Price410.20 H.E.G.'s 1 share price as of Thu 14 Nov 2024
Stop Loss 1407.75 (-0.6%)Fibonacci Retracement Level 38.2%
Stop Loss 2400.89 (-2.27%)Fibonacci Retracement Level 71.8%
Stop Loss 3395.43 (-3.61%)Fibonacci Retracement Level 98.6%

Summary: H.E.G. Share Price Prediction For 2024

In summary, H.E.G. has declined by ₹-1498.15, recording a notable -78.50% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of H.E.G. for 2024 predicts an additional rise of 1.17% to 3.66% by the end of 2024 with three potential targets T1: 415.01, T2: 420.35, T3: 425.25. Stop Loss at SL1: 407.75, SL2: 400.89, SL3: 395.43.

H.E.G. has a 52-week high of ₹548.59, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹310.79, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for H.E.G..

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H.E.G. Share Price Target For 2025

 H.E.G. Targets For 2025 Chart

The line chart displays the monthly closing prices of H.E.G. with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for H.E.G. shares in 2025, see the table below.

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H.E.G. Share Price Target Table For 2025

H.E.G.'s LevelsValueReason/Importance
2025 Target 31851.48 (+351.36%)Price Action: Chart
2025 Target 21816.96 (+342.94%)Price Action: Chart
2025 Target 11798.97 (+338.55%)Custom Fibonacci Extension Lvl 64.9%
Current Price410.20 H.E.G.'s 1 share price as of Thu 14 Nov 2024
Stop Loss 172.00 (-82.45%)Price Action: Chart
Stop Loss 271.28 (-82.63%)Price Action: Chart
Stop Loss 370.00 (-82.94%)Price Action: Chart

Summary: H.E.G. Share Price Prediction For 2025

In summary, H.E.G. has declined by ₹-1498.15, recording a notable -78.50% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of H.E.G. for 2025 predicts an additional rise of 338.55% to 351.36% by the end of 2025 with three potential targets T1: 1798.97, T2: 1816.96, T3: 1851.48. Stop Loss at SL1: 72.00, SL2: 71.28, SL3: 70.00.

H.E.G. has a All-Time high of ₹4955.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹310.79, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for H.E.G., we have created a specific page for that check here: H.E.G. Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

H.E.G. Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

 H.E.G. Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of H.E.G. share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 18.84% over the next 15 years.

For complete year by year H.E.G. long term share price target from 2024, 2025 to 2039 check the below table.

H.E.G. Share Price Target Table From 2024, 2025, 2026 to 2039

Year H.E.G. TargetYoY Change %
2024₹410.2[Current Price]
2024₹1,163.04183.52%
2025₹1,242.026.79%
2026₹1,062.69-14.44%
2027₹956.13-10.03%
2028₹757.42-20.79%
2029₹530.73-29.93%
2030₹459.58-13.41%
2031₹6,499.941314.32%
2032₹8,017.5323.34%
2033₹9,101.1413.51%
2034₹10,175.711.8%
2035₹10,314.671.36%
2036₹9,466.32-8.23%
2037₹11,370.4620.11%
2038₹12,613.4710.93%
2039₹13,026.793.27%

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H.E.G. Past Performance

HEG main
H.E.G. has been listed on NSE for more than 31 years.
  • In 1993, H.E.G. opening price was ₹23.75
  • As of Thu 14 Nov 2024 the price stands at ₹410.2.
  • This represents a Compound Annual Growth Rate (CAGR) of 9.31%.
  • In 31 years, an investment of 10,000 would have become ₹1.72 Lakh.

As we wrap up, we hope you like our study on H.E.G. share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into HEG Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter