Page 18 - Hindustan Zinc

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.

Metal price movement remains key factor for Hind Zinc's future performance

The company has seen softness in the first half of FY19 in terms of production volumes

Hindustan Zinc share price falls 1.14% as Q2 operationally disappointing

Lower zinc prices and volumes, and rising cost of production affected performance

Hindustan Zinc extends Sunil Duggal's tenure as CEO and Director till 2020

Hindustan Zinc today said its board has extended tenure of Sunil Duggal as CEO & whole-time Director of the company till 2020. "The board of directors has approved extension in the tenure of Sunil Duggal as CEO & whole-time Director of the Company from October 1, 2018 to July 31, 2020 on the existing terms and conditions," Hindustan Zinc said in a BSE filing. Duggal joined Hindustan Zinc in 2010 as executive director and became COO in 2012. In the year 2014, he was designated as Deputy CEO of Hindustan Zinc. He was appointed as CEO of Hindustan Zinc in 2015. The company is an integrated producers of zinc-lead and a leading producer of silver.

Hindustan Zinc well placed with rising volumes, supply situation

Shortage seen offsetting price volatility due to trade war

Hindustan Zinc: Trade war concerns may keep base metal prices volatile

Metal production in the June quarter fell by 9 per cent year-on-year and 17 per cent, sequentially after closure of open-cast mining

Hindustan Zinc sees weak June quarter, recovery may take some more time

Volume and costs are expected to improve going forward, but trade war concerns might keep base metal and stock prices volatile in the near term

Metals might prove the mettle for Hindustan Zinc; stock falls over 6%

While the company's fourth-quarter may be a blip, the road ahead looks good given the announcement of its next phase of expansion

Hindustan Zinc plans to produce 1,000 tonnes of silver in next 3-4 years

HZL, that produces over 95 per cent of primary silver in India, is the 10th largest silver producer in the world

Hindustan Zinc board declares second interim dividend of Rs 6 per share

Hindustan Zinc is one of the largest integrated producers of zinc-lead with a capacity of 1.0 million MT per annum

Hindustan Zinc to add 3 mn tonne capacity with 2 new mills costing Rs 6 bn

After the commissioning of the new mills, the ore treatment capacity will increase to 17.5 MT from the current 14.5 MT per annum

Hindustan Zinc Q3 profit declines 4% to Rs 22.3 bn on higher expenses

The total income rose 4.1% to Rs 62.20 billion, while total expenses increased 2%

Galvanised steel to help check rail accidents, improve infrastructure: HZL

Galvanised steel can help in improving the longevity of Indian Railways infrastructure: HZL

Rising zinc prices point to zingier outlook for Hindustan Zinc

10-year high zinc prices drive profitability at a time coal costs are up

Hindustan Zinc: Strong prospects getting priced in

The company is on course to achieve production guidance while outlook for zinc prices remains strong

Hindustan Zinc: Strong fundamentals, attractive valuations

Rising prices, higher volumes and lower costs translate to strong earnings growth

Hindustan Zinc: All eyes on production growth

Needed to compensate for softness in base metal prices due to geopolitical concerns

Hindustan Zinc Q4 net profit rises 42% to Rs 3,057 crore

Profit rose because of higher production and sale of mined metal

Hindustan Zinc Q4 profit jumps 42% to Rs 3,057 crore

The profit growth is the biggest in at least nine quarters

Hindustan Zinc: Re-rating likely on rising dividend payout

Hindustan Zinc's (HZL's) announcement of a dividend of Rs 27.50 a share was cheered by the Street, with its stock price up 2.7 per cent to close at Rs 320.20 on Thursday. The Street had expected a dividend of up to Rs 20. With a year-to-date one of Rs 29.45 a share, the dividend yield now comes to more than nine per cent, and the payout is higher than the Rs 27.8 a share in FY16. This has further bolstered the Street's confidence, as well as expectations, from HZL.The company has distributed about 55 per cent of the cash on its books by announcing about Rs 14,000 crore of payout on Wednesday evening. Analysts remain positive on this trend and are not concerned at the cash reduction in its books. This is because the company has strong cash flows, which analysts estimate to be close to Rs 10,000 crore a year in FY18 and in FY19. The continuous ramp-up in volumes and a strong zinc price outlook are key reasons for the expectation. The improving dividend payouts could also lead to ...