Page 17 - Hindustan Zinc

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

Hindustan Zinc stock turns attractive after the recent correction

Rising volumes and stable costs should support earnings despite volatile base metal prices

Hindustan Zinc, Tata Steel lean on 'digitised mines' to boost productivity

Digitisation has also helped the firms enhance safety and recovery, besides paring costs and improving logistics

After weak Q4, Hindustan Zinc's prospects hinge on recovery in zinc prices

Lower volumes, weak realisations and higher costs impacted the company's performance in the March quarter

Hindustan Zinc becomes ninth-largest silver producer in the world

Also, India has become the 12th largest silver producer in the world, from last year's position of 13

Favourable price outlook, low output cost key triggers for Hindustan Zinc

The company, which is a low cost producer, is changing its mining methodology from open cast to underground mining

Hindustan Zinc hits 52-week low post December quarter results

The stock hit 52-week low of Rs 257, down 4 per cent on BSE, after the company reported 4 per cent year-on-year decline in net profit at Rs 2,211 crore in December quarter.