HEG Shares Surge 6 Percent Following Rs 172 Crore Block Deal

HEG shares experienced a significant surge of over 6 percent, reaching a nearly six-year high of Rs 619 on December 5. This increase was a result of a block deal valued at Rs 172 crore, where approximately 28.8 lakh shares, representing a 6 percent stake in the company, were traded at an average price of Rs 600 per share. This average price was over 3 percent higher than the previous day's closing price.

As of 09:27 AM, HEG shares were trading at Rs 616.45 on the NSE, indicating a remarkable gain of over 40 percent in the past week. The transaction details regarding the parties involved in the block deal have not been disclosed.

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