News for Hindustan Zinc Limited (HINDZINC.BO)

Hindustan Zinc expands renewable energy capacity to 530 MW, aiming for 70% reduction in carbon emissions by 2050.

Hindustan Zinc shares: The issuance will be carried out through a private placement, aimed at institutional investors and high-net-worth individuals (HNIs). A total of up to 50,000 debentures will be offered across all tranches, including 10,000 STRPP 1 debentures, 10,000 STRPP 2 debentures, and 30,000 STRPP 3 debentures.

Muted revenue growth, narrowing margins and downgrades weighed on companies in December quarter.

Nifty metal settled with 2% gain. Tata Steel, Jindal Stainless, Hindsutan Zinc, Welspun Corp and JSW Steel among top gainers.

Hindustan Zinc stock climbed 4.03 per cent to Rs 411.35 on Wednesday against the previous close of Rs 395.40 on BSE. The large-cap stock opened higher at Rs 398.50.

Stocks including TCS, Wipro, Dalmia Bharat, Zydus Life, LIC Housing, Hindustan Zinc, R Systems, Zaggle Prepaid, IRFC and Route Mobile will be in the spotlight on Thursday, March 06.

Kotak Institutional Equities reported that IndusInd Bank, JSW Steel, Apollo Hospitals, and Asian Paints have over 5% pledged promoter holdings. The total pledged holdings in BSE-500 companies stood at ₹1.63 trillion in December 2024, showing a slight decline from the previous quarter.

Indian markets closed lower on Thursday, erasing early gains as consumer stocks dragged indices down. Investors remained cautious ahead of the RBIs policy decision and global trade concerns. IT and pharma sectors gained, supported by lower US treasury yields.

Indian markets closed slightly lower as gains in financial and oil & gas stocks were offset by consumer sector declines. Investors remained cautious ahead of the RBI policy meeting, with expectations of a rate cut driving interest in rate-sensitive sectors.

Stocks including L&T, JSW Steel, Wipro, Bank of Baroda, Biocon, Torrent Power, PB Fintech, Kalyan Jewellers and more will be in the spotlight on Friday, January 31.

Hindustan Zinc Ltd.'s net profit surged 32% year-on-year during the quarter ended December 2024, thereby exceeding analysts' estimates. The integrated zinc producer's consolidated bottom line came in at Rs 2,678 crore in the October-December period, according to an exchange filing on Tuesday. That compares with the Rs 2,509-crore consensus estimate of analysts polled by Bloomberg.

Stocks including Tata Steel, Coal India, Wipro, Bank of Baroda, Tata Power, Bajaj Housing, 360 One Wam, Kaynes Technologies and more will be in the spotlight on Tuesday, January 28.

The GIFT Nifty was trading near 24,200 in early trade on Friday. Shares of Hindustan Zinc Ltd., Varun Beverages, and NHPC Ltd. may react in Friday's session. The GIFT Nifty was trading 0.18% or 43 points higher at 24,193.00 as of 6:49 a.m.

Tamil Nadu Chief Minister MK Stalin vowed to block tungsten mining in Melur, Madurai, despite the Union Government granting rights to Hindustan Zinc Limited. The state assembly passed a resolution condemning the decision, citing environmental and heritage concerns. Stalin urged the Prime Minister to cancel the mining rights, emphasizing the state's disapproval and the public's anxiety.

Tamil Nadu's Assembly condemned the Union Government's decision to grant tungsten mining rights in Madurai district to Hindustan Zinc Limited. The state government argues the mine threatens a biodiversity heritage site and disregards their objections. Chief Minister M.K. Stalin has urged Prime Minister Modi to cancel the mining rights.

Jaipur (Rajasthan) [India] November 30: The Vedanta Pink City Half Marathon (VPCHM) 2024 is back with its landmark 9th edition on 15th December 2024 in Jaipur. Organized by Vedanta in collaboration with Any Body Can Run (ABCR), the marathon embraces the inspiring theme RunForZeroHunger, aiming to raise awareness and support for combating hunger and malnutrition. This highly anticipated event is expected to draw over 15,000 participants from across the country, including renowned personalities, making it a significant event on Jaipur’s calendar.

Jaipur (Rajasthan) [India], November 29: The Vedanta Pink City Half Marathon (VPCHM) 2024 is back with its landmark 9th edition on 15th December 2024 in Jaipur. Organised by Vedanta in collaboration with Any Body Can Run (ABCR), the marathon embraces the inspiring theme #RunForZeroHunger, aiming to raise awareness and support for combating hunger and malnutrition. This highly anticipated event is expected to draw over 15,000 participants from across the country, including renowned personalities, making it a significant event on Jaipur’s calendar.

Hindustan Zinc Share Price: Hindustan Zinc's shares rose 2% after securing the Dugocha Gold & Associated Mineralization Block in Rajasthan, India. The company emerged as the preferred bidder with the highest offer of 8.15%. This acquisition strengthens Hindustan Zinc's precious metals portfolio and supports its commitment to national economic growth.

Stocks including Reliance Industries, Hero MotoCorp, Grasim, Sobha, Honasa Consumer, Hindustan Zinc, Glenmark Pharma, Cyient and more will be in the spotlight on Monday, November 18.