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The Latest Breaking News from Hindustan Zinc

Vedanta share price target: Why brokerages see up to 24% upside after Q1 earnings?

Vedanta's net profit surged 72% year-on-year to Rs 5,473 crore. EBITDA also jumped 98% to a record Rs 8,469 crore. The company announced Arun Misra as its new CEO, effective August first. Nuvama maintained a buy rating with a target price of Rs 333. Motilal Oswal maintained its Neutral rating…

The Economic Times

Vedanta names Arun Misra as CEO, Q1 profit jumps

Vedanta appointed Arun Misra as chief executive officer for a one-year term. The company reported a 72% jump in first-quarter profit, reaching 54.73 billion rupees. Higher base metal prices, including zinc and copper, significantly boosted the company's earnings. Vedanta's revenue increased by 51% to 234.56 billion rupees during the quarter.…

The Economic Times

Hindustan Zinc shares gain 2% as Q1 net profit soars 145% YoY. Should you buy, sell or hold?

Hindustan Zinc shares: The company posted a robust Q1 FY27 performance, prompting several brokerages to reiterate their 'Buy' ratings. The Vedanta Group firm's net profit jumped 145% YoY to Rs 5,469 crore, while revenue surged 77% YoY to Rs 13,747 crore. Total expenses rose 33% YoY to Rs 6,749 crore,…

The Economic Times

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Hindustan Zinc to invest up to $600 million this fiscal, 80% capex earmarked for ongoing projects

Hindustan Zinc plans a significant investment of $500-600 million this fiscal year. Eighty percent of this capital expenditure will fund ongoing projects already in progress. The remaining twenty percent will support new initiatives which the company will announce soon. Approved projects account for 250,000 tonnes of capacity, requiring substantial financial…

The Economic Times

Hindustan Zinc names Amarendu Prakash as new CEO; quarterly profit more than doubles on strong metal prices

Amarendu Prakash will become Hindustan Zinc's new CEO on August 1. The company reported its first-quarter profit more than doubled from last year. Base and precious metal prices surged, boosting company earnings significantly. Mined and refined metal production saw a slight increase during the period. Total revenue from operations climbed…

The Economic Times

Hindustan Zinc Q1 Results: Net profit spikes 145% YoY to Rs 5,469 crore, revenue jumps 77%

Hindustan Zinc reported a Rs 5,469 crore net profit for Q1 FY27. This marks a substantial 145% year-on-year increase in earnings. The company's revenue from operations also saw a 77% rise. Total expenses for the quarter increased by over 33% year-on-year. These financial results cover the period ending June 30,…

The Economic Times

Q1 Results today: SBI Life, Tata Consumer, Hindustan Zinc among 86 companies to announce earnings

A total of 86 companies are slated to announce their Q1 FY27 earnings today, with key names including Tata Consumer Products, SBI Life Insurance, Hindustan Zinc, Shriram Finance, ACC, Bank of Baroda, Bank of India, SAIL, SBI Cards, Laurus Labs and Lodha Developers.

The Economic Times

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Vedanta shares drop 26% in two months, erase all post-demerger gains. Time to buy or better to avoid?

Vedanta shares have fallen over twenty-six percent in two months. This decline erased all gains made after the recent corporate demerger. Analysts are still advising caution for potential investors in Vedanta. The company's financial risk profile has improved due to strong performance. Investors await Hindustan Zinc's earnings for further market…

The Economic Times

Crisil Ratings upgrades long-term ratings of Vedanta group companies

Crisil Ratings has upgraded Vedanta group companies' long-term ratings to AA+ and assigned a stable outlook. This upgrade reflects the strong financial profile and improved financial flexibility of the demerged entities. Vedanta Ltd anchors the group with market leadership and a significant stake in Hindustan Zinc. Leverage is expected to…

The Economic Times

Hindustan Zinc shares jump 3%. Here are 3 reasons behind today's shine

Hindustan Zinc shares surged over 3% on Friday, adding approximately Rs 6,815 crore to its market value. This rally was fueled by a weaker US dollar, soaring silver prices, and a positive Q1 business update. The company reported its highest-ever first-quarter mined metal production, despite a slight dip in silver…

The Economic Times

Hindustan Zinc Q1 mined metal production up, refined lead output drops

Hindustan Zinc Ltd. reported a marginal one percent increase in mined metal production for the first quarter, reaching a record 2,68,000 tonne. However, refined lead production saw a two percent dip to 47,000 tonne. Overall refined metal output grew by four percent to 2,60,000 tonne, with refined zinc production climbing…

The Economic Times

Govt lines up PSU stake sales to cushion budget hit from oil

India is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., to boost public finances. Hindustan Zinc and several banks are also slated for stake sales. Officials are actively engaging with investment bankers to gauge market appetite and finalize offerings, aiming to…

The Economic Times

Technology to be central to Hindustan Zinc's next phase of growth: Chairperson

Hindustan Zinc is pivoting towards becoming a future-ready energy transition company, Chairperson Priya Agarwal Hebbar announced. The firm is significantly investing in technology like AI and automation to boost productivity and safety. Diversifying beyond zinc, the company is exploring critical minerals such as lithium and rare earth elements, essential for…

The Economic Times

Vedanta, NALCO, Hindustan Zinc shares fall up to 3% as silver, aluminium, other metal prices tumble. Here's why

Metal stocks including Vedanta, NALCO and Hindustan Zinc fell up to 3% as global metal prices declined sharply. A stronger US dollar, easing Middle East tensions and rising expectations of a Fed rate hike pressured commodities like silver, aluminium, copper and zinc, triggering a broad-based pullback in the metal pack.

The Economic Times

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The Economic Times

Hindustan Zinc signs MoU to explore green hydrogen for mining operations

Hindustan Zinc is pioneering green hydrogen adoption for underground mining, partnering with Advantek Associates and Aero Eagle Automobiles. This initiative aims to slash carbon emissions and transition towards low-carbon, future-ready operations. The collaboration will explore hydrogen fuel cells and H2-ICE technologies, positioning the company as a leader in sustainable mining…

The Economic Times

Vedanta Aluminium vs Power vs Oil & Gas vs Iron & Steel: Which stock should you buy?

Four Vedanta Group companies debuted on the market, with aluminium, iron & steel, and oil & gas shares tumbling while power stocks rose. Analysts advise patience, focusing on business quality over price action. Experts suggest aluminium offers the best risk-reward for long-term investors due to strong demand and cost efficiencies.

The Economic Times

Anil Agarwal bets $20 billion on aluminium, steel, and zinc, and says Vedanta is only getting started

Vedanta Group Chairman Anil Agarwal announced a $20 billion capital expenditure plan over three years, aiming to triple group businesses. The ambitious expansion targets aluminium, steel, power, and zinc, driven by strong demand and raw material backing. Agarwal emphasized building for India's growth, not consolidating, with steel identified as a…

The Economic Times

Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demerger

Vedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlocking about Rs 63,500 crore in shareholder value. Since the demerger’s April 29 ex-date, investors have gained roughly 22.5%, with the combined market capitalization of the five standalone entities rising from Rs…

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The Economic Times

Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata Consumer

Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus. ADIA plans to sell Lenskart shares. Tata Consumer targets over 20% EBITDA margin. Reliance Industries subsidiary will redevelop a Mumbai slum. REC Ltd will merge with Power Finance Corporation.…

The Economic Times

Hindustan Zinc signs pact with Sulfozyme Agro to advance sustainable metal recovery

Hindustan Zinc has partnered with Sulfozyme Agro India. This collaboration aims to boost sustainable metal recovery. Sulfozyme Agro will operate at Hindustan Zinc's Zinc Industrial Park. They will process zinc materials into value-added products. Hindustan Zinc will provide raw material support. This initiative strengthens the MSME ecosystem in Rajasthan. It…

The Economic Times

Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 crore

Hindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs 5,000 crore. The proposed divestment comes amid broader disinvestment efforts, with recent stake sales in Coal India and NHPC.

The Economic Times

Vedanta demerger: How will the mega restructuring impact dividend payouts for shareholders?

Vedanta has completed a major demerger, splitting into four new companies. Investors are now assessing how this restructuring will affect the company's tradition of consistent dividend payouts. While Vedanta is expected to remain a dividend-paying entity, the absolute dividend per share may decrease. Shareholders will need to evaluate each demerged…

The Economic Times

Vedanta says no penalty, restrictions imposed after ED searches

India's financial crime-fighting agency searched Vedanta group locations. The company stated no penalty or restriction has been imposed. Vedanta is cooperating with the foreign exchange law probe. Operations and financial activities remain unaffected. The searches were conducted in connection with a probe.

The Economic Times

Vedanta, Hindustan Zinc shares fall after metals giant confirms ED visits to offices

Vedanta and Hindustan Zinc shares dipped after the Enforcement Directorate visited some of their offices as part of a FEMA probe. The companies confirmed the visits and stated they are fully cooperating with the authorities. This news comes after Vedanta's recent demerger and a positive rating upgrade from ICRA.

The Economic Times

Stocks in news: Alkem Labs, Vedanta, Canara Bank, NHPC, Adani Ports

Markets closed higher on weekly expiry day despite volatility, with Nifty showing signs of recovery but facing resistance around 23,800-24,000. Key stocks like Alkem Labs, Vedanta, Canara Bank, NHPC, and Adani Ports are in focus due to significant corporate developments including block deals, ED visits, capital raising plans, oversubscribed OFS,…

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