HEG ADVANCED MATERIAL LTD Peer Comparison
HEGAM · Capital Goods · Current price ₹279.94
Peers tracked
11
HEG ADVANCED MATERIAL LTD P/E
15.8x
Sector
Capital Goods
HEG ADVANCED MATERIAL LTD vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| CUMMINS INDIA LTD | ₹4,369 | 60.2x | 1,21,109 |
| INDO-MIM LIMITED | ₹1,276.4 | 93.2x | 63,116 |
| APL APOLLO TUBES LTD | ₹2,251.6 | 49.7x | 62,518 |
| WELSPUN CORP LIMITED | ₹2,230.4 | 31.6x | 58,836 |
| TUBE INVEST OF INDIA LTD | ₹2,257 | 46.3x | 43,689 |
| ZETWERK MANUFACTURING B L | ₹184.53 | — | 31,264 |
| KIRLOSKAR OIL ENG LTD | ₹1,692.3 | 60.0x | 24,634 |
| JYOTI CNC AUTOMATION LTD | ₹1,073.1 | 71.0x | 24,405 |
| GRINDWELL NORTON LIMITED | ₹1,923.4 | 48.2x | 21,296 |
| CARBORUNDUM UNIVERSAL LTD | ₹1,062.3 | 110.6x | 20,238 |
| HEG ADVANCED MATERIAL LTD | ₹277.85 | 13.5x | 9,163 |
HEG ADVANCED MATERIAL LTD versus its peers
HEG ADVANCED MATERIAL LTD operates in the Capital Goods space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 15.8x may be cheap in one industry and expensive in another.
More on HEG ADVANCED MATERIAL LTD
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

