NSE: HEGAM · 9 November 2026
- HEG Advanced Materials has risen 17.61% over 5 trading sessions; today's move is -1.42%.
- TACC Limited, a wholly owned subsidiary of the company, received an approval letter for an incentive of ₹609.50 crore under the Electronics Component Manufacturing Scheme (ECMS) from the Ministry of Electronics and Information Technology (MeitY). The subsidy is targeted toward the manufacturing of anode material at its plant located in the Sirsoda Industrial Area, Dewas, Madhya Pradesh.
- Trading volume was 0.58 times the 20-day average daily volume.
HEG Advanced Materials share price: 17.61% rise over 5 trading sessions
HEG Advanced Materials Ltd. (HEGAM) closed lower in the latest trading session, declining by -1.42% to settle at ₹289.18 after moving between an intraday high of ₹296.60 and a low of ₹287.30.
On the broader market front, the benchmark Nifty index posted a marginal change of 0.06% during the session, showing relative stability compared to the stock's moderate pullback. The equity has experienced notable medium-term traction prior to this session, registering a 5-day return of 17.61% and a 20-day return of 23.93%, placing today's dip within the context of routine consolidation after strong recent gains.
Company disclosures from early November highlighted significant strategic updates, including an incentive approval of ₹609.50 crore under the Electronics Component Manufacturing Scheme (ECMS) for its wholly owned subsidiary TACC Limited to manufacture anode material in Dewas, Madhya Pradesh. Additionally, the board recently approved major capital expenditure plans, such as scaling up the anode capacity from 20,000 MT to 44,000 MT at an estimated cost of ₹1,606 crore and establishing a 500 MTPA graphene plant. While these fundamental developments shape the group's clean energy transition roadmap, today's price action appears primarily driven by short-term profit-taking following recent outperformance rather than any immediate new operating catalyst.
17.59 lakh shares traded by 9 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 30.14 lakh shares (0.58 times). The five-day average daily volume was 87.63 lakh shares. Separately, the NSE report for 9 November 2026 showed 5.17 lakh shares delivered, representing 29.38% of that day’s traded volume. The same report recorded 36,815 trades.
The stock declined by -1.42% on below-average volume following a strong multi-day rally (17.61% over 5 days), pointing towards natural profit-taking and consolidation rather than any new adverse fundamental trigger.
Latest Company Developments
TACC Limited, a wholly owned subsidiary of the company, received an approval letter for an incentive of ₹609.50 crore under the Electronics Component Manufacturing Scheme (ECMS) from the Ministry of Electronics and Information Technology (MeitY). The subsidy is targeted toward the manufacturing of anode material at its plant located in the Sirsoda Industrial Area, Dewas, Madhya Pradesh.
Provides substantial financial backing and government support for the group's core advanced materials manufacturing expansion.
The board approved expanding the current 20,000 MT anode plant capacity to 44,000 MT at an estimated capex of ₹1,606 crore, targeting Phase I completion by June 2027 and Phase II by March 2029. Furthermore, the board sanctioned a ₹475 crore crucible manufacturing plant and a ₹500 crore 500 MTPA graphene manufacturing plant.
Demonstrates aggressive capital allocation towards scaling up the company's advanced materials and EV supply chain infrastructure.
The company announced its consolidated financial results for the quarter and half year ended September 30, 2026, reporting consolidated revenue from continuing operations of ₹429.94 crore and a profit after tax of ₹208.89 crore for Q2 FY27. Total consolidated cash and bank balances stood at ₹1,322.84 crore as of September 30, 2026.
Establishes the baseline financial health and liquidity position of the newly structured advanced materials platform post-demerger.
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 on the Phase-1 20,000 MT anode materials facility targeting June 2027 commercial operation date.
- Execution milestones and capital deployment for the newly approved ₹1,606 crore anode capacity expansion to 44,000 MT.
- Implementation and timeline updates for the 500 MTPA graphene manufacturing plant.
- Delivery volume trends and cash market participation relative to the 20-day average volume.
Other Dated Coverage
- HEG Advanced Materials Share Price Today: Rises 22.11% in 3 Trading Sessions | 6 November 2026 — 6 November 2026
- HEG Advanced Materials Share Price Jumps 9.99% Intraday, Closes 2.51% Higher | 5 November 2026 — 5 November 2026
- HEG Advanced Materials Share Price Today: Rises 17.09% in 2 Trading Sessions | 4 November 2026 — 4 November 2026
More HEG Advanced Materials news and dated analysis →
Frequently Asked Questions
What is the latest HEG Advanced Materials company news?
TACC Limited, a wholly owned subsidiary of the company, received an approval letter for an incentive of ₹609.50 crore under the Electronics Component Manufacturing Scheme (ECMS) from the Ministry of Electronics and Information Technology (MeitY). The subsidy is targeted toward the manufacturing of anode material at its plant located in the Sirsoda Industrial Area, Dewas, Madhya Pradesh.
How strong was HEG Advanced Materials’s trading volume?
17.59 lakh shares traded, 0.58 times the 20-day average daily volume. The price and volume data are dated 9 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.