The stock moved up by 4.29 per cent to settle at Rs 282.90 on BSE. During the day, it jumped 5.4 per cent to Rs 285.90.
On NSE, the stock gained 4.16 per cent to close at Rs 282.35.
HZL today posted 42.3 per cent jump in net profit to Rs 3,056.96 crore for the fourth quarter of the last fiscal, 2016-17, on higher production and sale of the mined metal.
It had posted a net profit of Rs 2,147.22 crore in the year-ago quarter, HZL said in a filing to BSE.
Its total income during the quarter was Rs 7,237.28 crore, a rise of 72.4 per cent over the year-ago period.
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