Page 16 - Hindustan Zinc

Hindustan Zinc plans to increase earnings through diversification

The company will have its cadmium metal unit up and running by the first quarter of FY22

Hindustan Zinc dips 3% on profit booking post December quarter results

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

Metals extend rally on strong demand; Tata Steel zooms 97% in 3 months

At 02:15 pm, Nifty Metal index was the top gainer among sectoral indices, up 4% against 0.28% rise in the Nifty50 index

Vedanta, Hindustan Zinc rally up to 10%, scale 52-week highs

In the past month, the stock of Vedanta has zoomed 37 per cent, against 7 per cent rise in the S&P BSE Sensex

Negative real rates could drive investors towards high-yield stocks

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%

Atmanirbhar move: Tata Steel to source entire domestic requirement from Hind Zinc

Under the MoU, Hindustan Zinc will cater to both Tata Steel & Tata Steel BSL

Caution prevails over loan to parent despite Vedanta's strong Q2 show

The concerns are outweighing the improved earnings outlook led by rebound in base metals prices

Had to tweak staff engagement policy because of Covid: Hindustan Zinc CEO

After a strong performance in the July-September quarter, Hindustan Zinc is optimistic about rural demand and has launched an e-commerce platform

Improving outlook can bring back shine in Hindustan Zinc

Rebounding zinc and firm silver prices will add to gains from rising production

MARKETS: Metal, realty stocks shine in choppy trade; Sensex ends 163 pts up

All that happened in the markets today

Hindustan Zinc jumps 4% as board approves dividend of Rs 21.30 per share

The company has announced a healthy dividend of Rs 21.3 per share, resulting in a dividend yield of around 10 per cent

Hindustan Zinc Q2 profit dips 6.7% to Rs 1,940 cr due to higher expenses

The company had posted a net profit of Rs 2,081 crore in the year-ago period, HZL said in a filing to BSE

Hindustan Zinc, Gujarat govt sign MoU for Rs 10,000 cr greenfield smelter

Located over 100 km from Hazira port and 90 km from the upcoming Magdala port, the unit will occupy 415 acres and will be operational by 2022

Hindustan Zinc, Gujarat govt sign pact to set up zinc smelter plant

Vedanta Group firm Hindustan Zinc Ltd (HZL) on Wednesday said it has signed a pact with Gujarat government to set up a greenfield zinc smelter in the state. The project will entail an investment of up to Rs 10,000 crore. Spread over 415 acres, the facility will entail an investment of Rs 5000- 10,000 crore in phases, creating more than 5,000 direct and indirect jobs and will be operational by 2022, HZL said in a statement. "HZL...signed a Memorandum of Understanding (MoU) with Government of Gujarat to set up 300 KTPA (kilo tonnes per annum) greenfield zinc smelter at Doswada, GIDC (Gujarat Industrial Development Corporation)," the statement said. The new facility - the first for Hindustan Zinc in Gujarat - will be set up with zero discharge technology and will be among the lowest-cost smelters in the world. This is one of the largest MoUs signed by the state under the States new industrial policy, which gives extra benefits to the companies investing in backward tribal districts,

Hindustan Zinc, Gujarat govt sign pact to set up zinc smelter plant

Vedanta Group firm Hindustan Zinc Ltd (HZL) on Wednesday said it has signed a pact with Gujarat government to set up a greenfield zinc smelter in the state.

Vedanta: Rising commodity prices, dividend hopes augur well for the stock

Market experts say the stock had seen good gains in the past two months and touched Rs 140 levels in expectation of the delisting going through at Rs 170-plus per share

Weekly stock picks by Religare Broking: Buy Berger Paints, HDFC Life

Berger Paints has resumed the uptrend and is currently trading at its record high. Indications are in the favor of prevailing momentum to extend upside further

Vedanta's Q1 profit tumbles 23.5% as Covid-19 lockdown hurts output, demand

Vedanta's Hindustan Zinc, also Asia's most valuable zinc producer, reported a 23% drop in June-quarter profit on lower prices and production

Hind Zinc may use NCD funds as dividends to help Vedanta delist: analysts

Firm raises Rs 3,520 cr despite firm being cash surplus; It cannot use the proceeds directly for parent company

Hindustan Zinc shares close over 2% higher on Rs 4,000 cr fundraising plan

The stock, which jumped 7 per cent to Rs 222.75 during the day on the BSE, later pared some of the gains and settled at Rs 212.55, up 2.16 per cent