NSE: HEGAM · 4 November 2026
- HEG Advanced Materials has risen 17.09% over 2 trading sessions; today's move is +19.75%.
- HEG Advanced Materials reported its financial results for the quarter and half year ended September 30, 2026, alongside key strategic approvals. The Board approved the expansion of its current 20,000 MT anode plant capacity to 44,000 MT with an estimated capex of ₹1,606 crore, targeting completion by March 2029, alongside a revised Phase-1 estimated cost of ₹2,350 crore targeting June 2027. Additionally, the Board approved setting up a manufacturing plant for crucibles with a capacity of 80,000 units per annum at a capex of ₹475 crore and a 500 MTPA graphene manufacturing plant at a capex of ₹500 crore.
- Trading volume was 16.75 times the 20-day average daily volume.
HEG Advanced Materials share price: 17.09% rise over 2 trading sessions
HEG Advanced Materials Ltd. (HEGAM) surged by 19.75% today, closing at ₹288.18 after opening at ₹255.01. The stock traded within a wide intraday range of ₹252.00 to ₹288.79, touching a day high near its upper circuit limit.
The broader market benchmark Nifty posted a modest gain of 0.63%, highlighting that HEGAM's sharp upward momentum substantially outperformed the wider market. The stock's strong performance builds on a recent positive trajectory, reflected in a 5-day return of 25.99% and a 20-day return of 14.26%, signaling sustained buying interest over the past few weeks.
Management announced robust consolidated financial results for the quarter and half year ended September 30, 2026, alongside major capital expenditure approvals for its anode capacity expansion, a new crucible manufacturing plant, and a graphene project under its wholly-owned subsidiaries. While these strategic updates provide broader operational context for the company's growth roadmap in advanced materials, the heavy cash-market participation indicates strong investor engagement with these announcements.
2.15 crore shares traded by 4 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 12.85 lakh shares (16.75 times). The five-day average daily volume was 18.80 lakh shares. Separately, the NSE report for 4 November 2026 showed 29.23 lakh shares delivered, representing 13.58% of that day’s traded volume. The same report recorded 248,569 trades.
HEGAM shares advanced 19.75% on significantly elevated trading volume following the company's public disclosure of its Q2 and H1 FY27 financial results and board-approved capital expenditure plans exceeding ₹2,500 crore across anode, graphene, and crucible projects.
Latest Company Developments
HEG Advanced Materials reported its financial results for the quarter and half year ended September 30, 2026, alongside key strategic approvals. The Board approved the expansion of its current 20,000 MT anode plant capacity to 44,000 MT with an estimated capex of ₹1,606 crore, targeting completion by March 2029, alongside a revised Phase-1 estimated cost of ₹2,350 crore targeting June 2027. Additionally, the Board approved setting up a manufacturing plant for crucibles with a capacity of 80,000 units per annum at a capex of ₹475 crore and a 500 MTPA graphene manufacturing plant at a capex of ₹500 crore.
These large-scale capital expenditure plans and financial disclosures outline the company's aggressive growth trajectory in the advanced materials and electric vehicle supply chain sectors.
Based on the recommendation of the Nomination and Remuneration Committee, the company designated Shri Hiren Pravin Shah (Managing Director & CEO of Replus Engitech Private Limited) and Shri Ankur Khaitan (Managing Director & CEO of TACC Limited) as Senior Management Personnel of the company.
This governance update formalizes key leadership roles across the company's core subsidiary operations in battery energy storage and advanced anode materials.
a press release dated November 03, 2026, relating to Q2 and H1 FY27 financial results and other matters relating to capacity expansion of Anode plant, setting up of new businesses and ESOP scheme".
a press release dated November 03, 2026, relating to Q2 and H1 FY27 financial results and other matters relating to capacity expansion of Anode plant and setting up of new businesses.".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 4.74% on 30 September 2026. This compares with 4.27% on 8 September 2026, a change of +0.47 percentage points.
The filing reported 23 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Progress and execution timelines on the Phase-1 and Phase-2 expansion of the 44,000 MT anode materials facility targeting commissioning by June 2027 and March 2029.
- Execution of the ₹475 crore crucible manufacturing plant and ₹500 crore graphene manufacturing plant projects.
- Delivery volume trends and cash-market participation following the heavy turnover of 2.15 crore shares recorded today.
- Shareholder voting outcomes regarding the proposed amendments to the Memorandum of Association and the ESOP 2026 plan.
Other Dated Coverage
- HEG Advanced Materials Share Price Today: Rises 20.05% in 5 Trading Sessions | 2 November 2026 — 2 November 2026
- HEG Advanced Materials Share Price Today: Rises 10.38% in 3 Trading Sessions | 30 October 2026 — 30 October 2026
- HEG Advanced Materials Share Price Today: Rises 13.00% in 2 Trading Sessions | 29 October 2026 — 29 October 2026
More HEG Advanced Materials news and dated analysis →
Frequently Asked Questions
What is the latest HEG Advanced Materials company news?
HEG Advanced Materials reported its financial results for the quarter and half year ended September 30, 2026, alongside key strategic approvals. The Board approved the expansion of its current 20,000 MT anode plant capacity to 44,000 MT with an estimated capex of ₹1,606 crore, targeting completion by March 2029, alongside a revised Phase-1 estimated cost of ₹2,350 crore targeting June 2027. Additionally, the Board approved setting up a manufacturing plant for crucibles with a capacity of 80,000 units per annum at a capex of ₹475 crore and a 500 MTPA graphene manufacturing plant at a capex of ₹500 crore.
How strong was HEG Advanced Materials’s trading volume?
2.15 crore shares traded, 16.75 times the 20-day average daily volume. The price and volume data are dated 4 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.