Page 5 - Hindustan Zinc

Hindustan Zinc to invest $1 bn to replace diesel vehicles with battery EVs

The company has signed an agreement with Finnish technology firm Normet Group Oy to introduce front line battery-powered service equipment in underground mining

Hindustan Zinc net profit rises 46% to Rs 1,983 cr in Q1 on higher volumes

Hindustan Zinc Ltd (HZL) on Thursday reported a 45.9 per cent rise in net profit to Rs 1,983 crore for the quarter ended on June 30, 2021, driven by a recovery in metal prices and higher volumes.

Hindustan Zinc's oxygen bottling plant in Rajasthan over 10K cylinders

Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday said it has dedicated its entire supply of oxygen from its plant in Rajsamand for the fight against the Covid-19 pandemic in Rajasthan.

Industrial wheel still turning amid second Covid wave: Hindustan Zinc CEO

In a Q&A, Arun Mishra talks about the company's focus lowering cost of production amid the ongoing pandemic and likely impact on demand

Hindustan Zinc Q4 PAT at Rs 2,481 crore, up 85% YoY on higher revenue

Topline stood at Rs 6,725 crore, up 56% from a year ago, on strong zinc, lead and silver sales

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.