During the last one year, the performance of HEG (HEG share price) in the stock market has been excellent. During this period, the company’s money from local investors increased by more than 100 percent. At the same time, the company has returned 365 percent in the last 4 years. In such a situation, now the question arises whether it will be beneficial to bet on the shares of this company or not.
From October 2021 to March 2023, the company’s shares saw a decline. But in the last few months, the stock has once again seen a surge. After that, the share price of the company rose from Rs 920.70 to Rs 1902. It means that since then the share price of the company has increased by 107 percent.
In March 2020, the share price of the company was Rs 409. Since then, the company’s stock price has risen 365 percent.
Let us tell you that the company was established in 1977. The company deals in IT services, power generation, graphite electrodes and textiles.
Local brokerage firm ICICI Securities has given the stock a ‘buy’ tag. The firm has set a price target of Rs 2420. Which is 27.30 percent higher than the current share price. The company’s 52 week high is Rs 2038 crore and the company’s 52 week low is Rs 919 crore. The market cap of the company is Rs 7.31 crore. Its share price is currently at the market close on Friday
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