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Hindustan Zinc rises despite reporting 47% fall in Q1 net profit

21 Jul 2016 Evaluate

Hindustan Zinc is currently trading at Rs. 194.65, up by 0.60 points or 0.31% from its previous closing of Rs. 194.05 on the BSE.

The scrip opened at Rs. 187.95 and has touched a high and low of Rs. 195.90 and Rs. 187.95 respectively. So far 169379 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 203.30 on 13-Jul-2016 and a 52 week low of Rs. 117.20 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 197.90 and Rs. 185.40 respectively. The current market cap of the company is Rs. 82055.69 crore.

The promoters holding in the company stood at 64.92%, while Institutions and Non-Institutions held 32.41% and 2.67% respectively.

Hindustan Zinc has reported a fall of 46.56% in its net profit at Rs 1036.86 crore for the quarter ended June 30, 2016 as compared to Rs 1940.14 crore for the same quarter in the previous year. The company’s total income decreased by 25.46% to Rs 3140.74 crore for the quarter under review, from Rs 4213.23 crore for the corresponding quarter of the previous year.

Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan. It has other mines in Sindesar Khurd, Rajpura Dariba, Kayar and Zawar, all in Rajasthan. Cairn India’s Mangala field in Rajasthan is the largest onshore oil discovery in India in more than 20 years.

Hindustan Zinc Share Price

592.35 -0.10 (-0.02%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1038.95
Vedanta 787.60
Hindustan Zinc 592.35
Jain Resource Recycl 420.90
Gravita India 1639.80
View more..

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