Hindustan Zinc is currently trading at Rs. 281.95, up by 3.85 points or 1.38% from its previous closing of Rs. 278.10 on the BSE.
The scrip opened at Rs. 282.00 and has touched a high and low of Rs. 284.10 and Rs. 278.35 respectively. So far 52301 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 286.95 on 28-Nov-2016 and a 52 week low of Rs. 135.80 on 20-Jan-2016.
Last one week high and low of the scrip stood at Rs. 284.10 and Rs. 268.50 respectively. The current market cap of the company is Rs. 119597.65 crore.
The promoters holding in the company stood at 64.92%, while institutions and non-institutions held 33.79% and 1.28% respectively.
Hindustan Zinc, one of the subsidiaries of Anil Agarwal-promoted Vedanta group, has reportedly decided to foray into solar energy business and will set up 115 MW of solar energy projects with an investment of Rs 630 crore. In the first phase, the company will set-up 15 MW solar energy projects which would require an investment of Rs 80 crore and are likely to be commissioned by March 2017. The second phase would be of 100 MW requiring an investment of Rs 550 crore, which is likely to be commissioned by September 2017. The company already produces 474 MW of thermal power and 274 MW of wind energy.
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. It has other mines in Sindesar Khurd, Rajpura Dariba, Kayar and Zawar, all in Rajasthan. Cairn India’s Mangala field in Rajasthan is the largest onshore oil discovery in India in more than 20 years.
| Company Name | CMP |
|---|---|
| Hindalco | 651.15 |
| Vedanta | 447.15 |
| Hindustan Zinc | 496.20 |
| Gravita India | 2150.95 |
| Ram Ratna Wires | 579.25 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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