HEG Limited
Bajaj Finserv Mutual Fund increased its stake in HEG Limited from 1.77% to 1.96%, increasing its shareholding from 3,425,250 to 3,781,062 shares. The value of the additional 355,812 shares bought was ₹18.75 Cr at a share price of ₹526.90.
A leading manufacturer and exporter of graphite electrodes, HEG operates the world's largest single-site integrated graphite electrodes plant. The company produces high-quality electrodes primarily for electric arc furnaces used in steel and non-ferrous metal production globally. HEG serves both domestic and international markets with advanced manufacturing capabilities, technical expertise, and a strong presence in the electrodes and refractories sector.
AMC subsidiary of Bajaj Finserv, India's leading non-banking financial services conglomerate. Launched in 2023 with an aggressive passive-first strategy, offering index funds and ETFs at competitive expense ratios to challenge incumbents in the rapidly growing passive segment. One of the fastest-growing new entrants in the AMC space with strong distribution from Bajaj Finserv's vast financial services network.