NSE: HEGAM · 2 November 2026
- HEG Advanced Materials has risen 20.05% over 5 trading sessions; today's move is +3.58%.
- HEG Advanced Materials released a communication regarding the unaudited financial results for the quarter and half year ended September 30, 2026, submitted by the resulting company HEG Limited pursuant to the Composite Scheme of Arrangement. The filing details interim financial performance pending the completion of listing approvals for the equity shares of the resulting company.
- Trading volume was 0.71 times the 20-day average daily volume.
HEG Advanced Materials share price: 20.05% rise over 5 trading sessions
HEG Advanced Materials Ltd. (HEGAM) advanced 3.58% during the trading session on November 2, 2026, closing near the higher end of its daily range. The stock opened at ₹239.36, touched an intraday high of ₹247.40, and registered a low of ₹237.98 before settling at ₹246.11.
The broader market demonstrated positive momentum, with the Nifty rising 1.68%. HEGAM's 3.58% gain reflects strong participation alongside a robust 20.05% return over the preceding 5 trading days, even as its 20-day return stood at a more modest 2.85%.
While no single headline catalyst was explicitly linked to today's price action, the movement aligns with active corporate repositioning and recent operational disclosures. Earlier in October, the company filed its Q2 FY27 financial results disclosure requested by its resulting company, reported the dropping of GST proceedings for FY 2020-21, completed its corporate name and CIN changes, and announced the appointment of Riju Jhunjhunwala as Chairman of key hydropower subsidiaries Malana Power Company Limited and AD Hydropower Limited. These developments provide ongoing contextual backdrop for the stock.
9.14 lakh shares traded by 2 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 12.86 lakh shares (0.71 times). The five-day average daily volume was 20.62 lakh shares. Separately, the NSE report for 2 November 2026 showed 4.44 lakh shares delivered, representing 48.61% of that day’s traded volume. The same report recorded 27,791 trades.
The upward price move of 3.58% occurred without a same-day catalyst announcement, reflecting positive sentiment that builds upon a strong 5-day return of 20.05% alongside moderate delivery participation of 48.61%.
Latest Company Developments
HEG Advanced Materials released a communication regarding the unaudited financial results for the quarter and half year ended September 30, 2026, submitted by the resulting company HEG Limited pursuant to the Composite Scheme of Arrangement. The filing details interim financial performance pending the completion of listing approvals for the equity shares of the resulting company.
Financial disclosures provide essential insight into the revenue, operating margins, and profitability trends of the demerged entities following the corporate restructuring.
The boards of subsidiary companies Malana Power Company Limited and AD Hydropower Limited approved the appointment of Riju Jhunjhunwala as Chairman effective November 3, 2026, subject to board approval. Meanwhile, Ravi Jhunjhunwala relinquished the chairmanship of both subsidiaries while continuing to serve on the boards and being reappointed as Managing Director of Malana Power.
Leadership realignments streamline executive oversight across the group's clean energy and hydropower assets housed within the advanced materials platform.
The company formally intimated the stock exchanges that its Corporate Identification Number has been changed from L23109MP1972PLC008290 to L35100MP1972PLC008290. The change follows the alteration of the main object clause under the NCLT-approved Composite Scheme of Arrangement effective September 1, 2026.
Updating corporate registration details reflects the formal transition of the company's operational scope post-demerger.
'Communication by HEG Graphite Limited (renamed as HEG Limited), Resulting Company (as per Composite Scheme of Arrangement) regarding unaudited financial results for the quarter and half year ended September 30, 2026'.
Receipt of orders by Replus Engitech Private Limited, a subsidiary of the Company.
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
- Board meeting outcomes and consideration of financial results scheduled for November 3, 2026
- Implementation and rollout progress of the HEG Advanced Materials Employee Stock Option Plan 2026
- Execution timelines and order flow performance from subsidiary Replus Engitech
- Progress on listing and trading approvals for the equity shares of the resulting company HEG Limited
Other Dated Coverage
- 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
- HEG Advanced Materials Share Price Jumps 8.13% Intraday, Closes 6.26% Higher | 28 October 2026 — 28 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 released a communication regarding the unaudited financial results for the quarter and half year ended September 30, 2026, submitted by the resulting company HEG Limited pursuant to the Composite Scheme of Arrangement. The filing details interim financial performance pending the completion of listing approvals for the equity shares of the resulting company.
How strong was HEG Advanced Materials’s trading volume?
9.14 lakh shares traded, 0.71 times the 20-day average daily volume. The price and volume data are dated 2 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.