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Hindustan Zinc moves up on expanding partnership with GreenLine Mobility

05 Aug 2025 Evaluate

Hindustan Zinc is currently trading at Rs. 422.00, up by 0.70 points or 0.17% from its previous closing of Rs. 421.30 on the BSE.

The scrip opened at Rs. 421.85 and has touched a high and low of Rs. 423.70 and Rs. 419.75 respectively. So far 21853 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 637.95 on 05-Aug-2024 and a 52 week low of Rs. 378.65 on 03-Mar-2025.

Last one week high and low of the scrip stood at Rs. 438.10 and Rs. 413.40 respectively. The current market cap of the company is Rs. 178308.46 crore.

The promoters holding in the company stood at 61.84%, while Institutions and Non-Institutions held 34.10% and 4.07% respectively.

Hindustan Zinc has expanded its partnership with GreenLine Mobility by signing a contract to deploy the Essar venture's 100 electric vehicles (EVs) and double Liquefied Natural Gas (LNG) trucks to 200 for green logistics. This expansion marks a major step forward in Hindustan Zinc's pursuit of Net Zero emissions, enabled by the widespread integration of EVs and LNG trucks throughout its supply chain.  

As part of this strategic collaboration, GreenLine will invest Rs 400 crore to deploy 100 electric trucks, replacing diesel vehicles for inter-unit concentrate movement between the company's mines and smelters, and establish India's first commercial-scale battery swapping infrastructure with 3 high-capacity stations for 24x7 operations, while also expanding Hindustan Zinc's LNG fleet by adding 100 new LNG trucks, doubling the fleet size to 200 for long-haul finished goods transport.

This expansion will deliver cost efficiencies through discounted freight rates and is estimated to reduce approximately 236 metric tonnes of carbon dioxide emissions per month, equivalent to planting around 12,000 trees. Combined, this initiative is expected to reduce about 1,50,000 tonnes of Scope 3 emissions annually, further advancing Hindustan Zinc's commitment to become net zero by 2050 or sooner and supporting India's green growth ambitions. 

Hindustan Zinc is engaged in the mining and smelting of zinc, lead and silver metal in India.

Hindustan Zinc Share Price

635.00 -0.95 (-0.15%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1043.70
Vedanta 296.45
Hindustan Zinc 635.00
Jain Resource Recycl 571.55
Gravita India 1763.45
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