HEG Advanced Materials shares jump after subsidiary secures Indus Towers contract

Market Movement

Shares of HEG Advanced Materials rose over two percent in Monday's trading session following a fresh business win for its subsidiary. Replus Engitech secured a new contract from Indus Towers for the supply of Lithium-Ion.

Stock Details

The stock opened at two hundred forty-three rupees and eighty-five paisa today, compared to the previous close of two hundred thirty-seven rupees and five paisa on Friday last week. During the session, the share price hit the five percent upper circuit and touched an intraday high of two hundred forty-eight rupees and ninety paisa before giving up some of those gains to trade higher by more than two percent.