Mumbai, October 16 (Daily Kiran): Shares of HEG Ltd surged nearly 2% in Thursday’s trading session after the company announced that its wholly owned subsidiary, TACC (The Advanced Carbon Company) — part of the LNJ Bhilwara Group — has received a credit facility of ₹1,230 crore sanctioned by the State Bank of India (SBI).
The stock was trading at ₹520.30, up ₹9.60 or 1.88%, from its previous close of ₹510.70 on the BSE. The scrip opened at ₹513.05, reaching a high of ₹523.35 and a low of ₹512.75. A total of 10,325 shares were traded during the session. The company’s market capitalization currently stands at ₹9,940.27 crore.
The BSE Group ‘A’ stock, with a face value of ₹2, has recorded a 52-week high of ₹622.00 (July 31, 2025) and a low of ₹332.20 (February 17, 2025). The promoters hold 55.78%, while institutional investors and non-institutional investors hold 18.88% and 25.34%, respectively.
The sanctioned credit facility will be used to fund TACC’s upcoming greenfield manufacturing plant in Dewas, Madhya Pradesh, which will produce 20,000 MTPA of lithium-ion battery-grade graphite anode material. This facility is among the first of its kind in India, representing a crucial step toward building a self-reliant domestic supply chain for advanced energy materials.
The project aligns with India’s push toward clean energy and electric mobility, with TACC aiming to strengthen the country’s capability in battery-grade graphite anode production — a critical component in lithium-ion batteries used in EVs and energy storage systems.
HEG Ltd is one of India’s leading graphite electrode manufacturers and operates the world’s largest single-site integrated graphite electrode facility. The company’s diversification into battery materials through TACC reinforces its strategic commitment to sustainability and next-generation energy technologies.
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