The company has chosen alternatives such as Nepal, South East Asia and Bangladesh which are neighbouring markets and more reliable
Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported a 3.9 per cent rise in its net profit at Rs 2,017 crore for the quarter ended September 30, on the back of higher revenue from operations
The Nifty Metal index surpassed its previous high of 6,079.55 on October 14, 2021.
This is expected to put further upward pressure on the price of the commodity
The company's mined metal production was at 2,38,000 tonnes in the year-ago period.
Indian Energy Exchange (IEX) has recorded an all-time high monthly trade of 9,538 million units (MU) in August which is 74 per cent higher compared to the same month last year.
In a BSE filing, the company informed that the extension of the closure will result in potential loss of production of about 25,000 tonne of zinc
Vedanta group firm Hindustan Zinc Ltd (HZL) on Tuesday said its board meeting scheduled on August 17 to consider interim dividend for FY2021-22 has been deferred
Company could relook at FY22 guidance if it is unable to check costs, says CEO.
The company has signed an agreement with Finnish technology firm Normet Group Oy to introduce front line battery-powered service equipment in underground mining
Hindustan Zinc Ltd (HZL) on Thursday reported a 45.9 per cent rise in net profit to Rs 1,983 crore for the quarter ended on June 30, 2021, driven by a recovery in metal prices and higher volumes.
Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday said it has dedicated its entire supply of oxygen from its plant in Rajsamand for the fight against the Covid-19 pandemic in Rajasthan.
In a Q&A, Arun Mishra talks about the company's focus lowering cost of production amid the ongoing pandemic and likely impact on demand
Topline stood at Rs 6,725 crore, up 56% from a year ago, on strong zinc, lead and silver sales
The company will have its cadmium metal unit up and running by the first quarter of FY22
Analysts at Emkay Global Financial Services believe the stock already captures any upside in the near term, however, a dividend yield of 7.4 per cent supports valuations
At 02:15 pm, Nifty Metal index was the top gainer among sectoral indices, up 4% against 0.28% rise in the Nifty50 index
In the past month, the stock of Vedanta has zoomed 37 per cent, against 7 per cent rise in the S&P BSE Sensex
The list of stocks with high yield is dominated by PSEs: Coal India currently offers a maximum yield of 9.8%, Hindustan Zinc 7.4%, ONGC 6.9% and GAIL India 6.8%
Under the MoU, Hindustan Zinc will cater to both Tata Steel & Tata Steel BSL