HEG.NS Shariah Compliance
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HEG Ltd. Stock Analysis HEG.NS
HEG Ltd. engages in the manufacture and export of graphite electrodes. The company is headquartered in Noida, Uttar Pradesh and currently employs 1,075 full-time employees. The Company’s segments include Graphite, Power, and Others. The Graphite segment comprises the manufacturing of graphite electrodes and has facilities for production of graphite electrodes and graphite specialties. Its plant is located at Mandideep near Bhopal, Madhya Pradesh. The company has about three captive power generation facilities which can together produce around 76.5 megawatts (MW), which fulfills almost the entire requirement of the graphite plant. The Power segment comprises generation of power for captive consumption and sale. The company also makes fine grain carbon blocks for various applications on special orders. These blocks are used by the customers to make various value-added products. Its wholly owned subsidiary, TACC Limited, is engaged in anode manufacturing for lithium-ion batteries.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.