HEG Advanced Materials shares gain 5% after subsidiary secures Rs 610 crore incentive under ECMS
Shares of HEG Advanced Materials gained 5% on Wednesday to an intraday high of Rs 305 on NSE after its subsidiary TACC received the approval letter for an…
Attributed summary
Shares of HEG Advanced Materials gained 5% on Wednesday to an intraday high of Rs 305 on NSE after its subsidiary TACC received the approval letter for an incentive of Rs 609.50 crore under the Electronics Component Manufacturing Scheme (ECMS) of the Ministry of Electronics and Information Technology.According to a filing with the exchange, the company said that the incentive is for TACC’s Synthetic Graphite Anode Material project at Sirsoda…
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