HEG shares rally 5% after receiving Rs 217.56 crore order from Indus Towers for lithium-ion battery banks
A energy transition development with market-wide reach.
· ET Stocks, Economic Times Markets
HEG shares rose sharply on Monday after subsidiary Replus Engitech received a Rs 217.56 crore order from Indus Towers for lithium-ion battery banks. The order is to be executed by March 31, 2027. The development comes as HEG progresses with its demerger into separate graphite electrodes and advanced materials businesses.
Key facts
- Dates in focus
- March 31
The analysis
The shift to renewables is redrawing which energy names are structural winners versus stranded.
Market context
- Sector exposure: Banks.
- The immediate tone of coverage reads positive.
In this story
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