Shares of HEG hit an intraday high of ₹596, rising 19.5 per cent on the BSE in Wednesday's intraday trade amid heavy volumes. The stock closed 16.7 per cent higher at ₹581.9. Over the past two days, the stock of the graphite electrode manufacturer has risen nearly 33 per cent due to a healthy outlook and reports of possible gains arising from export curbs being planned by China. It was trading at its highest level since January 2019, having previously hit a record high of ₹990 on October 16, 2018.
According to media sources, China has announced that it will implement stricter end-user and end-use reviews for graphite exports to the US.
A Bloomberg report indicated that China announced an outright ban on several materials crucial to chipmaking from being exported to the US, citing concerns over military usage in a tit-for-tat move after US president Joe Biden's government escalated technology curbs on Beijing.
هذه القصة مأخوذة من طبعة December 05, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 05, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Store long-term crypto holdings in a cold wallet
SAFETY TIPS FOR CRYPTO INVESTORS
Swiggy's early moves stir pot in food, qcom
Growth, strategy may help close the gap with Zomato
RIL continues to be a laggard on bourses
Reliance Industries (RIL), India's largest company by revenue and market capitalisation, is a laggard on the bourses.
DigiLocker may be used to ease the process of claiming unclaimed assets
The Securities and Exchange Board of India (Sebi) has proposed leveraging the DigiLocker platform to streamline the process of claiming unclaimed assets of deceased investors.
ADANI GREEN FASTEST WEALTH CREATOR DURING 2019-24: MOTILAL OSWAL STUDY
Reliance Industries (RIL) emerged as the biggest wealth creator for the sixth time in a row, while Adani Green and Adani Enterprises were the fastest wealth creators for the five-year period ending March 2024, reveals the 29th annual wealth creation study by Motilal Oswal.
Market regulator widens scope of T+0 settlement to top 500 stocks from Jan 31
The Securities and Exchange Board of India (Sebi) on Tuesday announced that the top 500 stocks will be eligible for the same-day settlement cycle (T+0) in a phased manner.
Net inflows into equity schemes fell 14% in Nov
Slowed by decline in lump-sum investments and NFO collections
Brokerages advise caution in '25
Earnings growth uncertainty, elevated valuations seen capping upsides
Kalki, Stree 2, Maharaja among most popular Indian films: IMDb
Nag Ashwin's Kalki 2898 AD is the most popular movie of 2024. Amar Kaushik's Stree 2: Sarkate Ka Aatank, Chidambaram S. Poduval's Manjummel Boys, and Kiran Rao's Laapata Ladies also make it to a somewhat eclectic top-ten list from IMDb (Internet Movie Database).
IIT-Delhi, IIT-Kanpur among world's top 100 varsities for environmental impact
Indian Institute of Technology (IIT), Delhi is at top among universities in India for sustainability, jumping 255 places to reach 171 globally, according to QS Rankings announced on Tuesday.