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Hindustan Zinc ups zinc, lead prices

29 Aug 2013 Evaluate

Hindustan Zinc, country's only integrated zinc producer has hiked zinc price by Rs 7700/ tonne to Rs 1.61 lakh. The company also has upped lead price by 9500/ tonne to 1.79 lakh.

The company has reported 5.00% rise in its net profit at Rs 1660.45 crore for the quarter as compared to Rs 1581.34 crore for the same quarter in the previous year. Total income of the company has increased by 8.19% at Rs 3604.44 crore for quarter under review as compared to Rs 3331.51 crore for the quarter ended June 30, 2012.

Hindustan Zinc manufactures three qualities of zinc -- special high grade zinc used in construction, infrastructure, household appliances etc; high grade zinc and prime western zinc. It manufactures silver used in photographic material, conductor, jewellery, etc.

Peers
Company Name CMP
Hindalco Industries 960.50
Vedanta 257.20
Hindustan Zinc 561.00
Jain Resource Recycl 275.10
CMR Green Tech 213.60
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