HEG Share Price Target 2025, 2026, 2030, 2040, 2050 A Detailed Analysis: HEG Ltd., a major player in the graphite electrode industry, has been closely watched by investors and industry experts. The company is navigating a volatile market, compounded by recent events such as the graphite demerger.
About HEG Ltd.
HEG Ltd., a subsidiary of the LNJ Bhilwara Group, is India’s leading manufacturer of graphite electrodes. Established in 1972, the company operates the world’s largest single-site integrated graphite electrode plant in Mandideep, Madhya Pradesh. HEG is integral to the steel industry, providing graphite electrodes essential for Electric Arc Furnaces (EAF). Despite challenges such as fluctuating sales growth and varying profit margins, the company’s financial performance remains strong, with no debt on its balance sheet.
Key Financial Metrics of HEG Ltd.
Metric | Value |
Current Share Price | ₹442.30 |
Market Capitalization | ₹5,000 Crore |
PE Ratio | 69.49 |
EPS (Earnings Per Share) | ₹35.38 |
Dividend Yield | 0.91% |
Return on Equity (ROE) | 5.63% |
Return on Assets (ROA) | 4.25% |
Current Ratio | 2.23 |
Debt to Equity Ratio | 0.15 |
Operating Margin | 16.03% |
Revenue Growth (YoY) | -2.93% |
Peer Comparison How HEG Stacks Up
Company | Market Cap (₹ Cr) | PE Ratio | ROE (%) | Revenue Growth (%) |
HEG Ltd | 5,000 | 69.49 | 5.63 | -2.93% |
Graphite India | 4,500 | 50.00 | 6.00 | -1.50% |
Ceylon Graphite | 1,200 | N/A | N/A | N/A |
Aditya Birla | 6,000 | 45.00 | 7.00 | +3.00% |
HEG Share Details
Metric | Value |
Open | ₹424.90 |
High | ₹432.80 |
Low | ₹423.30 |
Market Cap | ₹8.28K Cr |
P/E Ratio | 37.37 |
Dividend Yield | 1.05% |
52-week High | ₹619.50 |
52-week Low | ₹331.25 |
HEG Share Price Target 2025, 2026, 2030, 2040 To 2050
HEG Share Price Target 2025 ₹625, 2026 ₹700, 2030 ₹900, 2040 ₹1,700 To 2050 ₹2,500.
- CEO: Ravi Jhunjhunwala (2010–)
- Headquarters: India
- Number of employees: 1,075 (2025)
- Subsidiary: Tacc Limited
HEG Share Price Target 2025 To 2050
Year | Minimum Price (₹) | Maximum Price (₹) |
2025 | ₹293 | ₹625 |
2026 | ₹500 | ₹700 |
2030 | ₹700 | ₹900 |
2040 | ₹1,000 | ₹1,700 |
2050 | ₹1,700 | ₹2,500 |
Category: SHARE PRICE
HEG Share Price Target for 2025
HEG Ltd. continues to dominate the graphite electrode industry, providing vital products for the steel industry. As it leverages innovation and quality in a competitive market, the projected share price target for HEG in 2025 is ₹625. This range reflects optimism about the company’s stability despite its market challenges. In 2025, the share price is expected to range between ₹293 and ₹625, influenced by market conditions, production levels, and demand from the steel sector.
Year | Minimum Price (₹) | Maximum Price (₹) |
2025 | 293 | 625 |
Month Wise HEG Share Price Target for 2025
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 390 | 549 |
February | 331 | 400 |
March | 335 | 440 |
April | 300 | 450 |
May | 293 | 459 |
June | 329 | 478 |
July | 387 | 490 |
August | 421 | 530 |
September | 439 | 560 |
October | 471 | 577 |
November | 510 | 600 |
December | 538 | 625 |
HEG Share Price Target for 2026
The focus on enhancing operational efficiency and delivering high-quality graphite electrodes should help HEG navigate market uncertainties in 2026. Our target price prediction for 2026 is ₹600, with a potential range between ₹500 and ₹700. The price targets for 2026 are based on expected growth in steel manufacturing and increased demand for graphite electrodes globally.
Year | Minimum Price (₹) | Maximum Price (₹) |
2026 | 500 | 700 |
Month Wise HEG Share Price Target for 2026
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 538 | 550 |
February | 500 | 560 |
March | 520 | 570 |
April | 530 | 580 |
May | 540 | 590 |
June | 550 | 600 |
July | 560 | 610 |
August | 570 | 620 |
September | 580 | 630 |
October | 590 | 640 |
November | 600 | 650 |
December | 600 | 700 |
HEG Share Price Target for 2030
By 2030, HEG Ltd. is expected to see significant growth, capitalizing on its focus on innovation and operational excellence. The projected share price target for 2030 is ₹800, with a potential range between ₹700 and ₹900.
Year | Minimum Price (₹) | Maximum Price (₹) |
2030 | 700 | 900 |
Month Wise HEG Share Price Target for 2030
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 700 | 750 |
February | 710 | 760 |
March | 720 | 770 |
April | 730 | 780 |
May | 740 | 790 |
June | 750 | 800 |
July | 760 | 810 |
August | 770 | 820 |
September | 780 | 830 |
October | 790 | 840 |
November | 800 | 850 |
December | 800 | 900 |
HEG Share Price Target for 2040
By 2040, HEG Ltd. is expected to further cement its position as a leader in the graphite electrode industry, with increased demand from the steel sector globally. The projected share price target for 2040 is ₹1,200, with a possible range between ₹1,000 and ₹1,500.
Year | Minimum Price (₹) | Maximum Price (₹) |
2040 | 1,000 | 1,500 |
Month Wise HEG Share Price Target for 2040
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 1,000 | 1,100 |
February | 1,050 | 1,150 |
March | 1,100 | 1,200 |
April | 1,150 | 1,250 |
May | 1,200 | 1,300 |
June | 1,250 | 1,350 |
July | 1,300 | 1,400 |
August | 1,350 | 1,450 |
September | 1,400 | 1,500 |
October | 1,450 | 1,550 |
November | 1,500 | 1,600 |
December | 1,500 | 1,700 |
HEG Share Price Target for 2050
Looking ahead to 2050, HEG Ltd. is poised to benefit from the ongoing shift toward sustainable and innovative manufacturing practices. With projections of heightened demand for graphite electrodes, the expected share price target for 2050 is ₹2,000, with a price range between ₹1,700 and ₹2,500.
Year | Minimum Price (₹) | Maximum Price (₹) |
2050 | 1,700 | 2,500 |
Month Wise HEG Share Price Target for 2050
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 1,700 | 1,800 |
February | 1,750 | 1,850 |
March | 1,800 | 1,900 |
April | 1,850 | 2,000 |
May | 1,900 | 2,100 |
June | 1,950 | 2,200 |
July | 2,000 | 2,300 |
August | 2,050 | 2,400 |
September | 2,100 | 2,500 |
October | 2,150 | 2,600 |
November | 2,200 | 2,700 |
December | 2,300 | 2,500 |
What is the full form of HEG?
HEG stands for Hindustan Electro-Graphites Limited, a leading Indian manufacturer and exporter of graphite electrodes, a key product in steel manufacturing.
Who owns HEG?
The LNJ Bhilwara group HEG Ltd, a premier company of the LNJ Bhilwara group, is today India’s leading graphite electrode manufacturer.
Is HEG Ltd a good company?
HEG is rated 3.8 out of 5 stars on AmbitionBox, based on 170 company reviews. This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities.
Our price forecasting model for analyzing Share targets employs a detailed, data-driven approach to determine monthly price projections. This methodology integrates classic analytical tools, including long-term pivot point analysis, historical performance metrics, and volatility assessment. Below, we outline the key components and processes that constitute our forecasting framework. It is essential to recognize that these price estimates are purely mathematical and should not be considered financial advice. Stock markets are highly dynamic, influenced by multiple unpredictable factors that no single model can comprehensively capture.
Long-Term Pivot Point Analysis
At the core of our methodology lies long-term pivot point analysis, complemented by Fibonacci series calculations. These pivot points help determine critical support and resistance levels, providing a structured framework for anticipating potential price movements.
Pivot = Previous Close Resistance_n = Pivot + (Range × F_n) Support_n = Pivot - (Range × F_n)
Where:
- F_n represents Fibonacci multipliers (e.g., 0.382, 0.618, 1.000).
- Range is the difference between the highest and lowest prices over a specific period.
Historical Performance Analysis
A stock's historical performance plays a vital role in predicting its future behavior. Our model conducts an extensive analysis of past data to determine average returns over various timeframes, capturing both short-term fluctuations and long-term trends.
Average Return = (1/N) Σ R_i
Where:
- N is the number of periods (e.g., months or quarters).
- R_i represents the return in the i-th period.
Volatility Assessment
Market volatility is a crucial factor in assessing risk and uncertainty associated with stock price movements. Our methodology incorporates a comprehensive evaluation of stock volatility, measured by the standard deviation of historical returns.
σ = √[(1/(N-1)) Σ (R_i - μ)^2]
Where:
- μ is the mean return.
- R_i is the return in the i-th period.
- N is the total number of returns.
Integrated Predictive Modeling
Our forecasting model integrates pivot point analysis, historical performance, and volatility assessments through advanced predictive techniques, ensuring data-driven and adaptable price projections.
- Calibration Based on Historical Performance: Utilizing past average returns and volatility metrics to align future price targets with the stock’s established patterns.
- Mathematical Optimization: Applying techniques such as the Least Squares Method (LSM) to optimize projections, reducing errors and enhancing forecast precision.
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Target Price Calibration
The final step in our methodology is the precise calibration of monthly price targets, ensuring they align with analytical insights and market conditions.
Target Price_next month = Current Price × (1 + Adjusted Growth Rate)
Where:
- Adjusted Growth Rate is derived from historical average returns and volatility, refined through our integrated predictive modeling approach.
This ensures that price targets account for both growth potential and associated risks, providing balanced and actionable forecasts.