Hindustan Zinc Ltd.

BSE: 500188 | NSE: HINDZINC
Large Cap | Metal - Non Ferrous
588.90
-3.25 (-0.55%)
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Hindustan Zinc spurts on hiking zinc, lead prices

Date: 29-08-2013

Hindustan Zinc is currently trading at Rs. 123.00, up by 4.95 points or 4.19 % from its previous closing of Rs. 118.05 on the BSE.

The scrip opened at Rs. 117.20 and has touched a high and low of Rs. 123.80 and Rs. 117.00 respectively. So far 273382 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 146.80 on 18-Dec-2012 and a 52 week low of Rs. 94.00 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 121.30 and Rs. 107.10 respectively. The current market cap of the company is Rs. 51760.16 crore.

The promoters holding in the company stood at 64.92% while Institutions and Non-Institutions held 3.49% and 31.59% respectively.

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.