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HEG completes acquisition of 49% stake in Bhilwara Energy

06 Jun 2019 Evaluate

HEG has completed the last tranche of acquisition of 49% stake in Bhilwara Energy. The company had earlier received approval from its board to increase the stake of HEG in Bhilwara Energy, an Associate Company of HEG, from 29.48% to 49%.

HEG is engaged in manufacturing of graphite electrodes, which are used by manufacturers of steel. The company’s segments include Graphite, Power and Unallocable items/others.

HEG Share Price

520.40 -5.85 (-1.11%)
25-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Graphite India 606.20
HEG 520.40
Esab india 5744.15
Ador Welding 1227.60
GEE 117.42
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