Wednesday, 9 May 2018

HEG surges 9% on robust Q4 results

The stock rallied 9% to Rs 3,198 after the company reported net profit of Rs 6.34 billion in March quarter against loss of Rs 34 million in year ago quarter. Shares of HEG have moved higher by 9% to Rs 3,198 per share, extending their past three days 5% gain on the BSE, after the company reported net profit of Rs 6.34 billion in March quarter (Q4FY18), on back of strong operational income. It had posted net loss of Rs 34 million in year ago quarter.


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