Hindustan Zinc Ltd.

Hindustan Zinc is currently trading at Rs. 249.10, up by 1.65 points or 0.67% from its previous closing of Rs. 247.45 on the BSE.

The scrip opened at Rs. 248.00 and has touched a high and low of Rs. 252.90 and Rs. 248.00 respectively. So far 9103 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 407.90 on 18-Oct-2021 and a 52 week low of Rs. 245.00 on 01-Jul-2022.

Last one week high and low of the scrip stood at Rs. 256.80 and Rs. 245.00 respectively. The current market cap of the company is Rs. 105294.95 crore.

The promoters holding in the company stood at 64.92%, while Institutions and Non-Institutions held 33.32% and 1.76% respectively.

Hindustan Zinc has reported highest ever mined metal production in first quarter (Q1 FY23) at 252,000 tonnes, up 14% as compared to Q1 FY22 on account of higher ore production largely at Sindesar Khurd, Rampura Agucha & Kayad mines supported by better mill recovery. Sequentially, it was lower by 15%, mainly due to lower ore production at mines & overall metal grades. Best ever refined metal production in first quarter at 260,000 tonnes, up 10% as compared to Q1 FY22 in line with availability of mined metal & better plant availability and flat sequentially.

Integrated zinc production was 206,000 tonnes, up 10% as compared to Q1 FY22 and down 2% compared to Q4 FY22. Refined lead production was 54,000 tonnes for Q1 FY23, up 11% as compared to Q1 FY22 and up 9% sequentially on account of better plant availability and Pyro plant operation on Lead-mode for part of the quarter. Saleable silver production was 5.7 moz, up 10% as compared to Q1 FY22 and up 9% sequentially in line with lead metal production.

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.