01-Oct-2026      14:39

Replus Engitech secures Rs 127.35 crore order from Indus Towers for battery bank supply

HEG Advanced Materials Ltd. is currently trading at Rs 234.4, down 1.37%, while its stock price has fallen 0.36% over the last one week.

HEG Advanced Materials Limited announced that its subsidiary, Replus Engitech Private Limited, has secured an order from Indus Towers Limited for the supply of Lithium-Ion Battery Banks valued at Rs 127.35 Crore (inclusive of GST), with execution expected on or before May 31, 2027. The order, awarded by a domestic entity, does not constitute a related party transaction and does not involve any interest from promoters, promoter groups, or group companies.

Trading volume reached 5.64 lakh shares today, a decrease of 58.32% compared to the one-week average volume. HEG Advanced Materials Ltd. jumped by 27.88% year-over-year, outperforming the 8.09% loss recorded by the NIFTY50 index.

News source: Capital Market - Live News