Page 17 - Hindustan Zinc

Hindustan Zinc surges 7% as Co to raise up to Rs 4,000 crore through NCDs

It added that the fundraising would aggregate up to Rs 4,000 crore, including the option to retain oversubscription of up to Rs 1,000 crore.

Vedanta's Hindustan Zinc to raise up to Rs 4,000 cr through debentures

The approval on the same was given during the meeting of the committee of directors held on Tuesday, HZL said in a filing to the BSE

Hindustan Zinc to seek board approval to raise up to Rs 4,000 cr via NCDs

The company proposes to offer rated, unsecured, redeemable, non-cumulative, non-convertible debentures aggregating up to Rs 4,000 crores in one or more tranches, HZL said

Vedanta's Anil Agarwal, Centricus team up for turnaround investment fund

The fund will also target companies restructuring under India's bankruptcy regime, the people said

Use of galvanised steel set to rise in large-scale infra development: HZL

"As India is on its way to large-scale infrastructure expansions, use of galvanised steel in construction is set to rise," Hindustan Zinc CEO Arun Mishra said

We are on the right side of the cost curve, says HZL's Arun Misra

We were able to ramp up and May-June turned out to be very good months compared to last year, or the year before that, says Misra

Hindustan Zinc appoints two new directors on board effective August 1

Anjani K Agarwal was a senior partner at EY till 2019; Akhilesh Joshi was former CEO at Hindustan Zinc

Hindustan Zinc: Awaiting fresh triggers for earnings growth amid low demand

Analysts at HSBC, not expecting zinc prices to cross $2,200 in the foreseeable future, have reiterated "hold" rating given potential for volume growth and high dividend yield

Hindustan Zinc charts path as metal production falls in lockdown impact

With volume growth expected to be soft in FY21, higher base metal prices are crucial for upgrades

Arun Mishra elevated as Hindustan Zinc CEO, takes charge on Aug 1

He succeeds Sunil Duggal, who is now leading the group company, Vedanta Limited, as its chief executive officer.

PSU stocks still on shaky ground as call for privatisation intensifies

In the past decade, total market cap of top 17 PSUs has dropped 41% vis-a-vis a 91% rise in Sensex

Vedanta going private is a sign of base metal cycle bottoming, say experts

After hitting multi-year lows, metal prices have seen some gains. Though lower input costs are supportive, demand is the crucial missing piece

Despite dull business, downside limited for Hindustan Zinc stock

On the operating front, while lower zinc and lead realisations impacted profit, cost of production in the zinc business, too, jumped 7 per cent year-on-year

Vedanta delisting bid 'not serious', says Stakeholders Empowerment Services

Offer price of Rs 87.5 akin to "questioning wisdom of investor", says governance firm.

Hindustan Zinc to invest $15 million for high-end digitization at its mines

Mine digitization to lower cost of production by 10%; Co looking to cut cost of production to $900 per tonne from $1,077 per tonne now

Lower prices, production take sheen off Hindustan Zinc's Q3 performance

In Q3, the average zinc prices on the London Metal Exchange at $2,388 a tonne was down 9 per cent year-on-year (YoY); sequentially, it was up marginally by 2 per cent

Minor metals will drive value generation, going forward: Hindustan Zinc CEO

As per World Silver Survey 2019 by The Silver Institute, Hindustan Zinc is now the ninth-largest producer of the metal in the world, placing India among the top 10 silver producing countries.

Hindustan Zinc Q2 profit up 14.6% at Rs 2,081 cr; stock ends 1.6% higher

Integrated metal production was 2,10,000 tonnes for the quarter, almost flat from a year ago

Hindustan Zinc to invest Rs 14,000 cr in next 5 years to raise capacity

At present, the company is in the final leg of plan to raise capacity to 1.2 million tonnes, from 0.8 million tonnes

An eye in the mine: Hindustan Zinc using drones underground to dig deep

HZL is currently using line-of-sight drones while it waits to try fully autonomous drones by next year