Hindustan Zinc declines on registering 4% fall in Q2 output

10 Oct 2014 Evaluate

Hindustan Zinc is currently trading at Rs 157.90, down by 3.25 points or 2.02% from its previous closing of Rs. 161.15 on the BSE.

The scrip opened at Rs. 160.30 and has touched a high and low of Rs. 160.30 and Rs. 157.65 respectively. So far 45938 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 184.00 on 09-Jun-2014 and a 52 week low of Rs. 114.80 on 26-Feb-2014.

Last one week high and low of the scrip stood at Rs. 164.30 and Rs. 154.80 respectively. The current market cap of the company is Rs. 66929.05 crore.

The promoters holding in the company stood at 64.92% while Institutions and Non-Institutions held 33.18% and 1.90% respectively.

Hindustan Zinc has registered 4% fall in second quarter output at 213kt in quarter under review as compared to 222kt in the corresponding prior period. Moreover, the output for first half of FY15 (H1FY15) declined by 18% at 376kt as compared to 459kt in same period of FY14.

Of total Integrated production of refined zinc was stood at 174kt in Q2 and 312kt in H1FY14, down by 11% and 15% respectively from a year ago. Meanwhile, integrated production of refined lead was 26kt in Q2 and 47kt in the six months, down 12% and 16% respectively from a year ago. Integrated saleable silver production was 67 tonnes in Q2 and 123 tonnes in the half year, down by 19% and 23% as compared to corresponding prior periods.

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.

Hindustan Zinc Share Price

496.20 1.70 (0.34%)
18-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
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