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LORD JESUS CHRIST SAYS

Then he called the crowd to him along with his disciples and said: “Whoever wants to be my disciple must deny themselves and take up their cross and follow me. For whoever wants to save their lifewill lose it, but whoever loses their life for me and for the gospel will save it. What good is it for someone to gain the whole world, yet forfeit their soul? Or what can anyone give in exchange for their soul?

3 Jan 2019

STOCK MARKET--A STOCK FOR IMMENSE GROWTH/HEG LTD.




HEG (Price as on 2/1/2019 3678.85) recommended price Rs.3200/-

HEG: The company is engaged in manufacturing of graphite electrodes and caters to the requirements of steel manufacturers in India and across the globe. It produces two types of electrodes: High Power and Ultra High power electrodes. The company exports over 80% of its production to more than 25 countries of the world. Its integrated graphite plant is located at Mandideep in Madhya Pradesh. In FY17, the company suffered a net loss of Rs 50.1 crores. Its revenue declined by -1.1% whereas the total expenditure increased by 5.9%. Increase in power and fuel cost by over 9.7% and decline in other income has led to reduction in operating profit that fell by over 37% in FY17. The company showed an improvement in financial performance in Sep'17 quarter. Sales revenue and operating profit grew by 101% and 778% respectively compared to Sep'16 quarter. Marginal increase in total expenditure of over 18% compared to substantial jump in revenue and decrease in interest costs helped company generate profit of Rs 113.6 crores in Sep'17 quarter compared to net loss of Rs -14 crores in Sep'16 quarter. The stock outperformed BSE Smallcap index by over 24 times in 2017. Between 2 Jan 2017, the first trading day of the year and 12 Dec 2017, stock delivered 1190.9% returns compared to BSE small cap that delivered 48.7% returns.


The midcap stock rose nearly nine times in one year on robust demand for its main product graphite electrode which is used for making steel worldwide. The firm also reported its Q1 earnings recently. Earnings before interest, tax depreciation and amortisation (EBITDA) rose to Rs 1,196 crore as against Rs 24 crore in the corresponding period last year. After 800% rise in one year, is HEG stock still a good investment bet?


The HEG stock has proved to be a chartbuster on Dalal Street since the beginning of 2017. It gained 2760% since January 1 last year. The stock has gained 802% since the last one year compared to 18.15% rise in the Sensex.
The midcap stock rose nearly nine times in one year on robust demand for its main product graphite electrode which is used for making steel worldwide. 
The firm also reported its Q1 earnings recently. Earnings before interest, tax depreciation and amortisation (EBITDA) rose to Rs 1,196 crore as against Rs 24 crore in the corresponding period last year.
The firm posted a rise of 645% in revenue to Rs 1,595 crore compared with Rs 214 crore in Q1 of FY 18.
It reported Rs 770 crore in net profit in June quarter compared with Rs 8.43 crore loss in Q1FY18.
With the stock witnessing a meteoric rise since the beginning of 2017, is it good time to invest in the share currently?

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