Page 8 - Hindustan Zinc

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 ...

Hindustan Zinc gains on special dividend of Rs 27.50 per share

The stock was up 3% to Rs 322 on BSE in early morning trade.

Hindustan Zinc's Rs 27,157 cr dividend payout is highest ever in India

Latest Rs 13,985 cr interim dividend takes total payout to record-breaking number on Wednesday

Hindustan Zinc to invest Rs 1k cr

Plans to set up two more zinc fumer plants over the next two-three years

There's still zing in Hindustan Zinc

Increasing output and firm zinc price bode well for earnings growth

Hindustan Zinc shines on higher volumes, payout hopes

Rising production and firm zinc prices to keep earnings momentum strong

Hindustan Zinc, NTPC, Adani Power, Tata Steel hit 52-week highs

SAIL, Dalmia Bharat, Datamatics Global, Mastek, Pokarna and Sonata Software were among 24 stocks from the BSE500 & Small-cap indices hitting their respective 52-week highs in intra-day.

Base metal rally not in sync with fundamentals

Higher prices, however, will continue to boost profit at Hindalco, HZL and Vedanta in near term

Hindustan Zinc's good show to continue

Better realisations, higher output, and lower costs bode well for the company

HZL to launch product to tap auto, defence opportunities

The product will be launched by Steel Minister Chaudhary Birendra Singh at a two-day international conference in New Delhi

India loses up to $100 bn annually to corrosion: Hindustan Zinc CEO

Galvanised rebar can withstand chloride concentration at least four-five times higher than the black steel rebar