India's HEG slips on Q3 profit fall

HEG Advanced Materials

13/02/2024 06:19

** Shares of HEG Ltd  HEGL.NS  fall as much as 7.2% to 1,635
rupees, lowest since Nov. 30
    ** Stock on track for fifth consecutive session of falls, if
trend holds
    ** The electrical components maker said on Monday its Q3
consol profit fell 58% as total expenses surged
    ** HEGL marks fifth consecutive quarterly profit fall
    ** More than 341,700 shares change hands, 1x its 30-day avg
    ** Stock down ~6% so far in Feb.


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))