Hindustan Zinc gains on government stake sale approval report

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Reuters MUMBAI
Last Updated : Jan 21 2014 | 9:35 AM IST

MUMBAI (Reuters) - Shares in Hindustan Zinc gains around 4 percent trading on Tuesday after TV channels reported the government had approved on Monday a stake-sale in Hindustan Zinc Ltd , citing unnamed sources.

The government holds a 29.5 percent stake in the company that is controlled by London-listed Vedanta Resources Plc.

(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

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First Published: Jan 21 2014 | 9:23 AM IST

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