Page 3 - Hindustan Zinc

Hindustan Zinc to invest around Rs 12,000 crore to double capacity

Vedanta group firm Hindustan Zinc Ltd (HZL) will invest nearly Rs 12,000 crore to double its capacity across zinc, lead and silver verticals. The decision was taken at HZL's board meeting on Tuesday. "As part of 2x growth plan, Hindustan Zinc Ltd board has approved plans for expanding its integrated refined metal capacity by 250 ktpa (kilo tonne per annum) along with matching mines & mills capacity with an investment of Rs 12,000 crore," HZL said in a filing to BSE. The expansion would be funded through internal accruals and debt. The board, HZL said, has approved a project for setting up a 250 ktpa integrated smelter at Debari, Rajasthan along with mines and mills expansion across the mines. The project is targeted to be completed in a period of 36 months with an overall cost of nearly Rs 12,000 crore, it said. "We are excited to announce this 2x growth project towards doubling our capacity across zinc, lead and silver, which is strategically aligned with the country's expandin

Why did Vedanta's subsidiary Hindustan Zinc shares drop 3% in trade?

Hindustan Zinc share price lost 3.2 per cent to ₹496.6 per share on its ex-dividend date; check more details here

Mirae Asset, BlackRock, others buy 1.8% stake in AB Capital for ₹1,136 cr

The shares of Aditya Birla Capital rose 1.46 per cent to close at Rs 246.25 per piece on the BSE, while it gained 1.47 per cent to settle at Rs 246.22 apiece on the NSE

Hindustan Zinc declares Rs 10/share interim dividend, totalling Rs 4,225 cr

Vedanta group firm Hindustan Zinc Ltd on Wednesday declared an interim dividend of Rs 10 per share, amounting to Rs 4,225 crore for the current fiscal year. The decision was taken at the company's board meeting, according to a BSE filing. "The board of directors of the company, through a resolution passed by circulation on Wednesday... has approved the first interim dividend of Rs 10 per equity share i.e. 500 per cent on face value of Rs 2 per equity share for the financial year 2025-26," it said. In the last fiscal year, the Hindustan Zinc distributed dividends to the tune of Rs 12,250 crore, the company said in a statement. "This was through two dividends of Rs 19 and Rs 10," it said. Hindustan Zinc is among the high-dividend-yield large-cap metal companies. With the first interim dividend for FY26, the dividend receipts for the government total nearly Rs 1,180 crore, it said. The company contributes nearly 35 per cent of the declared dividend to the government treasury, includ

Hindustan Zinc, MCX shares gain up to 9% as Silver prices hit record high

Hindustan Zinc today rose 3.04 per cent to hit an intraday high of ₹507.10, while MCX jumped 5.21 per cent to ₹7,472.80.

How to trade Nifty? Chandan Taparia picks these three stocks to buy today

The Nifty index has encountered profit booking during the initial half hour, leading to a decline towards the 24,500 zone; Check strategy, stock picks

Coal India, Hindustan Zinc and Oil India win auction of mineral blocks

Regular auction of critical mineral blocks is an important element in the strategy adopted by the Ministry of Mines towards building self-sufficiency in critical minerals in the country

CIL, Hindustan Zinc winners in 5th round of critical mineral block auction

The auction saw 10 out of 15 critical mineral blocks successfully bid for, including potash, halite, graphite, REE, and vanadium blocks across several states

Dolat Capital sets Rs 564 as target price for Hindustan Zinc, 'buy' rating

Domestic brokerage expects company to gain from cost control and base metal expansion

Hindustan Zinc fertiliser plant likely to be operational by FY27: Chair

Vedanta group firm Hindustan Zinc Ltd (HZL) is likely to begin the operation of its fertilizer manufacturing plant in Rajasthan by the next financial year, company's chairperson Priya Agarwal Hebbar has said. The company is making its entry into fertilizer production by setting a 0.5 million tonnes (MT) per annum manufacturing plant at Chanderiya in Chittorgarh district of Rajasthan. "Diversification is central to our growth strategy. Last year, we commissioned a 30 KTPA zinc alloy plant, significantly expanding our value-added products (VAP) portfolio. Including alloys, VAP now contributes 22 per cent to our total business. We are also entering the fertilizer segment with a (diammonium phosphate/nitrogen, phosphorous and potassium) plant expected to become operational by FY27," she said in a recent letter to shareholders. The plant aims to support farmers' needs through production and sale of DAP fertilizer currently being imported, according to the company's Q4 investor ...

Hindustan Zinc Q4FY25 results: Net profit rises 47.4% to ₹3,003 crore

The zinc and silver producer's total revenue from operations jumped by 20.4 per cent to ₹9,087 crore in the January-March quarter on a year-on-year (Y-o-Y) basis

Q4 results today: Reliance, Maruti Suzuki, Hindustan Zinc on Apr 25

Q4 FY25 company results today: Reliance Industries, Tata Tech, RBL Bank, Motilal Oswal Financial, and Poonawalla Fincorp will be among 37 firms to post earnings reports for the January-March quarter

Hindustan Zinc Q4FY25 results: Net profit jumps 47% to ₹3,003 crore

Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported a 47.3 increase in consolidated net profit at Rs 3,003 crore in the quarter ended March 2025 on the back of higher income. The company had posted a net profit of Rs 2,038 crore in the year-ago period. Income of the company during the latest January-March quarter increased to Rs 9,314 crore from Rs 7,822 crore in the year-ago period, HZL said in a filing to BSE. In a statement the company said that it was its "best-ever fourth quarter profit after tax of Rs 3,003 crore, up 47 per cent Y-o-Y". "As the world's largest integrated zinc producer, we aim to meet rising domestic demand while maintaining our position as one of the lowest-cost producers globally and most resilient producers in the industry," company's Chief Executive Officer Arun Misra said. HZL's Chief Financial Officer Sandeep Modi said despite the global uncertainties, including recent market volatility from the ongoing trade war, the company's fundamentals .

Vedanta fined Rs 71 crore for illegal fly ash disposal in Odisha

Vedanta group firm Hindustan Zinc Ltd (HZL) has said that State Pollution Control Board, Odisha, has asked it to deposit a compensation of Rs 71.1 crore for unauthorised disposal of fly ash. Fly ash is a fine, powdery waste material created when coal is burned in power plants. "The issue pertains to allegation for unauthorised disposal of fly ash. The Member Secretary requested the company to deposit the environmental compensation of Rs 71,16,53,320," Vedanta has said in a filing to BSE. It said it intends to take legal recourse in the present matter before the appropriate forum. "The company is hopeful of a favorable outcome thereof and does not expect the said Order to have any material financial impact on the company," the filing said. Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world's leading natural resources companies spanning across India, South Africa, Namibia, Liberia, UAE, Korea, Taiwan and Japan with significant operations in oil and gas, zinc, le

Why are metal stocks falling? Lloyds Metals, SAIL, HZL, Nalco dip up to 18%

Of the 15 stocks in the Nifty Metal Index, five stocks, including Hindustan Copper, Nalco, Hindalco, JSL, and NMDC, hit fresh 52-week lows

Hindustan Zinc Q4 growth: Firm reports 4% rise in mined metal production

Vedanta group firm Hindustan Zinc Ltd has reported 4 per cent rise in mined metal production at 3,10,000 tonne in the fourth quarter of FY25, over the year-ago period. The company's mined metal output was 2,99,000 tonne in the fourth quarter of FY24. The company said that it recorded "mined metal production of 310 kt ....driven by higher mined metal grades, mills recovery and increase in production at Agucha and Zawar mines." The company's refined zinc production was at 2,14,000 tonne and lead production was at 56,000 tonne. However, the saleable silver production declined to 177 metric tonne during the quarter. The company's wind power generation for 4QFY25 was up 3 per cent to 63 million tonne (MU). Hindustan Zinc Ltd is the world's largest integrated zinc producer and the third-largest silver producer.

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Vedanta board approves appointment of Rajiv Kumar as CEO of aluminium biz

Vedanta on Wednesday said its board has approved the appointment of Rajiv Kumar as CEO of its aluminium business. The development comes at a time when Vedanta is demerging its businesses, including its aluminium business, into four independent entities. "The board of directors at its meeting held on Wednesday, March 26, 2025, has inter alia considered and approved appointment of Rajiv Kumar as CEO - Aluminium Business and designating him as senior management personnel at Vedanta Ltd effective March 26," the company said in a regulatory filing. On recommendation of the nomination and remuneration panel, the board has approved the appointment of Kumar for three years. Prior to joining Vedanta, Kumar was with Tata Steel. He has over three decades of experience in the steel and mining sectors. "He will lead overall strategy for the Aluminium business including an effective demerger approach for maximising value, development of strategic alliances to fast-track business delivery as wel

Derivatives inclusion puts Hindustan Zinc, PNB Housing, Inox Wind in focus

Already, Hindustan Zinc and Inox Wind have rallied over 10 per cent each since March 6, when NSE issued a notification pertaining to their futures and options (F&O) inclusion

Stocks to watch, Mar 3: Auto stocks, Coal India, Hindustan Zinc, ACME Solar

Stock market today: Glenmark Pharma is recalling close to 15 lakh bottles of a generic medication used in treating attention deficit hyperactivity disorder in the US market, as reported by the US FDA