Latest news with #HEGLtd
Business Upturn
10 hours ago
- Business
- Business Upturn
HEG's Bhilwara Infotechnology spins off talent solutions business into Texnere India to drive AI-enabled workforce transformation
By Aman Shukla Published on June 18, 2025, 13:43 IST HEG Ltd's subsidiary, Bhilwara Infotechnology Limited, has announced the successful spin-off of its talent solutions (staffing) business into a newly launched entity — Texnere India Pvt. Ltd. This strategic move aims to enhance innovation, agility, and global competitiveness in the fast-growing talent acquisition landscape, especially within India's booming IT sector and expanding Global Capability Centers (GCCs). Texnere will specialize in permanent hiring and contract-to-hire solutions, with future plans to venture into managed services for IT, HR, and finance operations. It will also offer Build-Operate-Transfer (BOT) models customized for GCCs, addressing complex talent demands with tech-driven precision. To strengthen employee engagement, Texnere has launched a digital upskilling and reskilling platform and offers comprehensive medical and accidental insurance, reinforcing its commitment to employee growth and well-being. Initially focused on the Indian market, Texnere plans to expand operations into the USA and UAE, catering to sectors such as IT services, tech firms, and GCCs. This spin-off marks a major milestone for Bhilwara Infotechnology, allowing both companies to sharpen their strategic focus and drive sustained growth in the digital hiring and talent transformation ecosystem. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Yahoo
27-05-2025
- Business
- Yahoo
HEG Ltd (BOM:509631) Q4 2025 Earnings Call Highlights: Navigating Challenges with Strategic ...
Revenue from Operations: INR 2,153 crores for FY25, down from INR 2,395 crores in FY24. Quarterly Revenue: INR 537 crores in Q4 FY25, compared to INR 547 crores in Q4 FY24. EBITDA: INR 388 crores for FY25, compared to INR 526 crores in FY24. Net Profit After Tax (Standalone): INR 101 crores for FY25, down from INR 232 crores in FY24. Net Profit After Tax (Consolidated): INR 115 crores for FY25, compared to INR 312 crores in FY24. EBITDA Margin: Increased from 16% in Q1 to 27% in Q4, with a full-year average of 21%. Capacity Utilization: 80% to 85% for FY25, based on expanded capacity of 100,000 tonnes. Treasury Size: Approximately INR 875 crores as of March 31, 2025. Dividend Recommendation: 90% final dividend, INR 1.80 per equity share. Warning! GuruFocus has detected 5 Warning Sign with BOM:509631. Release Date: May 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. HEG Ltd (BOM:509631) reported a significant increase in EBITDA, reaching 27% in Q4 FY25, with a full-year average of 21%, indicating strong operational performance. The company expanded its graphite electrode capacity from 80,000 tonnes to 100,000 tonnes, maintaining high capacity utilization between 80% and 85%, which is above the industry average. HEG Ltd remains one of the lowest cost producers of electrodes globally, benefiting from its large single-location capacity and low fixed costs. The global shift towards decarbonization and the commissioning of new electric arc furnace projects are expected to drive future demand for graphite electrodes, providing a positive outlook for HEG Ltd. The company is debt-free and has a substantial treasury size of approximately INR875 crores, providing financial stability and flexibility for future investments. Global crude steel production declined slightly, with major steel-producing regions experiencing weak demand and pricing challenges, impacting HEG Ltd's product demand and pricing. The imposition of a 10% import duty in the US could negatively affect HEG Ltd's business, although the impact is expected to be limited due to its diversified sales footprint. HEG Ltd recorded a mark-to-market loss on its investment in GrafTech International, resulting in a significant hit to its financials, with a loss of INR160 crores in Q4 FY25. The company's revenue from operations decreased to INR2,153 crores in FY25 from INR2,395 crores in the previous year, reflecting a challenging market environment. Despite the positive outlook, near-term challenges persist, with current graphite electrode prices being unsustainable for the industry, necessitating price increases to maintain profitability. Q: What is the update on the commissioning timeline of the graphite anode plant? A: The graphite anode plant is expected to be commissioned in April 2027. Q: What is the CapEx incurred so far for the graphite anode plant, and what is the expected remaining spend? A: Approximately INR100 crores have been spent so far. The total CapEx is around INR1,850 crores, and a large portion will be committed within this financial year. Q: How does HEG plan to structure the capital for the graphite anode project? A: The project will be financed through a mix of debt and equity. Q: What is the impact of US tariffs on HEG's business? A: The US has imposed a 10% tariff on imports, including from India. The impact is being monitored, and the situation may change after July 9. Q: How is HEG managing currency volatility given its export exposure? A: HEG's exports exceed its imports, and the company takes a view from time to time, either booking in advance or leaving it open based on market conditions. Q: What is the current demand for graphite electrodes, and how will new electric arc furnace capacities impact this? A: The demand for electrodes is linked to electric arc furnace steel production, which uses about 1.5 to 2 kilos of electrodes per tonne of steel. New capacities are expected to drive additional demand. Q: How does China impact the global graphite electrode market? A: China produces a large amount of electrodes but lacks the technology for high-grade electrodes, minimizing its impact on HEG and other Western producers. Q: What are the current trends in needle coke prices, and how do they affect HEG? A: Needle coke prices have been stable for the last three quarters. They are expected to remain stable in the short term, with potential changes aligned with electrode price movements. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mint
20-05-2025
- Business
- Mint
Stock market today: Trade setup for Nifty 50 to global markets; Eight stocks to buy or sell on Tuesday — 20 May 2025
Stock Market Today: The Benchmark Nifty-50 ended another range-bound session 0.3% lower at 24,945.45, on Monday. The Bank Nifty saw a slight gain, up 0.12% to 55,420.70, while Realty, Auto, Pharma led the gains though IT and Oil & Gas were among key losers. In the broader indices Mid and small caps gained up to 0.5%. The Nifty-50 index may remain under pressure unless it reclaims the 25,000 level. On the downside, the Nifty could drift toward the 24,800–24,750 zone. A deeper correction may be likely if it breaks below 24,750. Conversely, a move above 25,000 could trigger a rally toward the 25,250–25,350 range, as per Rupak De, Senior Technical Analyst at LKP Securities. For the Bank Nifty, immediate support is placed at 54,800, as per Bajaj Broking. The domestic market witnessed consolidation, amid Moody's downgrade of the U.S. sovereign credit rating and slower retail sales growth in China. IT stocks were the primary laggards, reflecting a subdued outlook following the U.S. downgrade. However, the broader market outperformed key indices, driven by relatively better earnings growth and increased retail investor activity. Defence stocks are likely to stay in the spotlight, supported by positive sentiment and expectations of continued policy backing. Despite the profit booking, sustained FII inflows, underpinned by favorable macroeconomic conditions, are expected to uphold overall market optimism" said Vinod Nair, Head of Research, Geojit Investments Limited Sumeet Bagadia, Executive Director at Choice Broking, has recommended two stock picks for today. Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi, suggested three stocks, while Shiju Koothupalakkal, Senior Manager — Technical Research, at Prabhudas Lilladher has given two stock picks. These Include Caplin Point Laboratories Ltd , HEG Ltd, PB Fintech Ltd, Bank of Baroda , ICICI Prudential Life Insurance Company Ltd, Tourism Finance Corporation of India Ltd , One 97 Communications Ltd and India Pesticides Ltd. Caplin Point Laboratories Ltd- Bagadia recommends buying Caplin Point Laboratories at ₹ 2161.1 keeping Stoploss at ₹ 2080 for a target price of ₹ 2300 CAPLIPOINT has shown signs of resilience in the recent trading sessions, consolidating around key moving averages. The stock is currently trading at ₹ 2161.1, with a gain of 7.52% for the session. The chart indicates a steady upward movement after a period of correction, with the stock finding support around the ₹ 1990– ₹ 2050 zone. 2. HEG Ltd- Bagadia recommends buying HEG at ₹ 528.7 keeping Stoploss at ₹ 510 for a target price of ₹ 565 HEG showcases a strong bullish momentum, evident from a substantial upward movement and a significant closing around ₹ 528.7. The stock has been experiencing robust buying interest, and a consolidation breakout with strong volume, signalling bullish momentum and potential upside continuation. 3. PB Fintech Ltd - Dongre recommends buying PB Fintech or POLICYBZR at ₹ 1695 keeping Stoploss at ₹ 1670 for a target price of Rs1840 In the short-term trend outlook, POLICYBZR is displaying a strong bullish setup, making it a compelling buy candidate. On the hourly chart, the stock has formed a Bullish Engulfing pattern—a classic signal indicating a potential reversal following recent corrective action. The stock is currently holding key support near ₹ 1670 and offers a favorable entry opportunity at the ₹ 1695. Technical indicators suggest momentum may build toward the ₹ 1840 target, with a prudent stop-loss to be maintained at ₹ 1670 to manage downside risk. 4. Bank of Baroda - Dongre recommends buyig Bank of Baroda or BANKBARODA at around ₹ 239 keeping Stoploss at ₹ 230 for a target price of ₹ 250 BANKBARODA has shown encouraging signs of a trend reversal on its daily chart, forming a Bullish Engulfing pattern after a period of decline. The stock is indicating renewed buying interest at lower levels. With strong support around ₹ 230, BANKBARODA offers a short-term buying opportunity at ₹ 239, aiming for a target of ₹ 250 while keeping a stop-loss at ₹ 230. 5. ICICI Prudential Life Insurance Company Ltd- Dongre recommends buying ICICI Prudential Life or ICICIPRULI at around ₹ 625 keeping Stoploss at ₹ 610 keeping target price of ₹ 655. ICICIPRULI is showing a bullish reversal candlestick pattern near its crucial support zone, signaling that recent selling may be losing steam. The stock is trading well above its 50-day EMA, further supporting the positive bias. With a current level around ₹ 625, ICICIPRULI presents a buying opportunity for a potential move toward ₹ 655, with a protective stop-loss recommended at ₹ 610 to limit downside exposure. 6. Tourism Finance Corporation of India Ltd- Koothupalakkal recommends buying Tourism Finance Corporation or TOURISM FINANCE at around ₹ 206 for a target price of ₹ 217 keeping Stop loss at ₹ 201 The stock has been steadily on the rise with strong uptrend maintained and currently after a short period of consolidation has once again indicated a positive candle formation with improvement in the bias expecting for further rise in the coming sessions. The RSI has cooled off from the highly overbought zone and has shown signs of improvement to anticipate further upward movement. With the chart looking good, we suggest buying the stock for an upside target of ₹ 217 keeping the stop loss of ₹ 201 level. 7. One 97 Communications Ltd - Koothupalakkal recommends buying One 97 Communications or PAYTM at around ₹ 870 for a Target price of ₹ 917 keeping Stop loss at around ₹ 850 The stock has maintained a strong positive trend overall and currently, after a short period of correction has once again gained momentum taking support near the important 50EMA level at ₹ 820 zone, indicating a positive candle pattern to improve the bias anticipating further rise in the coming sessions. The RSI has corrected from the overbought zone and has consolidated for quite some time with currently indicating a positive trend reversal to signal a buy having upside potential from current rate. With the chart technically looking good, we suggest buying the stock for an upside target of ₹ 917 level keeping the stop loss of ₹ 850 level. 8. India Pesticides Ltd- Koothupalakkal recommends buying INDIA PESTICIDES at around ₹ 171 keeping Target price of ₹ 180 keeping Stop loss at ₹ 168 The stock has recently witnessed a series of higher bottom formation pattern on the daily chart with currently moving above the resistance zone of ₹ 165 level with decent volume participation to further improve the bias and expect for further upward move in the coming sessions. The RSI indicator has been gaining strength and can carry on with the positive move further ahead. With the chart technically well positioned, we suggest buying the stock for an upside target of ₹ 180 level keeping the stop loss of ₹ 168 level. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.
Business Standard
19-05-2025
- Business
- Business Standard
Volumes spurt at Graphite India Ltd counter
Graphite India Ltd registered volume of 158.27 lakh shares by 14:14 IST on NSE, a 28.22 fold spurt over two-week average daily volume of 5.61 lakh shares HEG Ltd, Delhivery Ltd, Alembic Pharmaceuticals Ltd, Usha Martin Ltd are among the other stocks to see a surge in volumes on NSE today, 19 May 2025. Graphite India Ltd registered volume of 158.27 lakh shares by 14:14 IST on NSE, a 28.22 fold spurt over two-week average daily volume of 5.61 lakh shares. The stock rose 14.86% to Rs.558.70. Volumes stood at 4.22 lakh shares in the last session. HEG Ltd notched up volume of 120.97 lakh shares by 14:14 IST on NSE, a 15.32 fold spurt over two-week average daily volume of 7.90 lakh shares. The stock rose 6.91% to Rs.524.50. Volumes stood at 7.17 lakh shares in the last session. Delhivery Ltd witnessed volume of 391.26 lakh shares by 14:14 IST on NSE, a 12.53 times surge over two-week average daily volume of 31.23 lakh shares. The stock increased 9.52% to Rs.351.40. Volumes stood at 21.14 lakh shares in the last session. Alembic Pharmaceuticals Ltd registered volume of 12.96 lakh shares by 14:14 IST on NSE, a 11.21 fold spurt over two-week average daily volume of 1.16 lakh shares. The stock rose 11.35% to Rs.1,016.60. Volumes stood at 53566 shares in the last session. Usha Martin Ltd registered volume of 40.36 lakh shares by 14:14 IST on NSE, a 8.84 fold spurt over two-week average daily volume of 4.56 lakh shares. The stock rose 5.36% to Rs.328.30. Volumes stood at 5.01 lakh shares in the last session.
Business Standard
19-05-2025
- Business
- Business Standard
Volumes jump at Delhivery Ltd counter
Delhivery Ltd saw volume of 23.76 lakh shares by 10:46 IST on BSE, a 10.16 fold spurt over two-week average daily volume of 2.34 lakh shares Graphite India Ltd, HEG Ltd, Bombay Burmah Trading Corporation Ltd, IDBI Bank Ltd are among the other stocks to see a surge in volumes on BSE today, 19 May 2025. Delhivery Ltd saw volume of 23.76 lakh shares by 10:46 IST on BSE, a 10.16 fold spurt over two-week average daily volume of 2.34 lakh shares. The stock increased 12.60% to Rs.361.45. Volumes stood at 91231 shares in the last session. Graphite India Ltd clocked volume of 3.6 lakh shares by 10:46 IST on BSE, a 9.48 times surge over two-week average daily volume of 37932 shares. The stock gained 13.13% to Rs.550.00. Volumes stood at 40720 shares in the last session. HEG Ltd saw volume of 2.03 lakh shares by 10:46 IST on BSE, a 4.57 fold spurt over two-week average daily volume of 44550 shares. The stock increased 8.88% to Rs.533.90. Volumes stood at 15538 shares in the last session. Bombay Burmah Trading Corporation Ltd clocked volume of 16901 shares by 10:46 IST on BSE, a 4.09 times surge over two-week average daily volume of 4135 shares. The stock gained 7.61% to Rs.2,057.35. Volumes stood at 4586 shares in the last session. IDBI Bank Ltd registered volume of 17.2 lakh shares by 10:46 IST on BSE, a 3.86 fold spurt over two-week average daily volume of 4.45 lakh shares. The stock rose 4.86% to Rs.90.19. Volumes stood at 4.02 lakh shares in the last session.
