HEG receives patent boost

The stock of HEG will remain in focus, as the company has been granted an Indian patent for an invention named “A process for making high-performance graphite nipple”. The patent has been issued by Intellectual Property India. HEG said the patent is in the overall interest of its business and sets a benchmark in the graphite industry. Graphite electrodes manufactured by HEG are used by steel-makers. Shareholders will closely monitor the development.