Hindustan Zinc is currently trading at Rs. 269.80, up by 5.45 points or 2.06% from its previous closing of Rs. 264.35 on the BSE.
The scrip opened at Rs. 267.80 and has touched a high and low of Rs. 274.70 and Rs. 266.40 respectively. So far 151315 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 289.85 on 16-Dec-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. 274.70 and Rs. 250.10 respectively. The current market cap of the company is Rs. 114527.27 crore.
The promoters holding in the company stood at 64.92%, while institutions and non-institutions held 4.28% and 30.80% respectively.
Hindustan Zinc, one of the subsidiaries of Anil Agarwal-promoted Vedanta group, has received Environment Clearance (EC) for its Rs 1,200 crore Zawar Mines expansion project in state of Rajasthan. The company wants to expand the production capacity of Lead-Zinc and ore beneficiation at its Zawar Group of underground mines located in Sarada district.
The green nod to the company for the project was given on January 5 subject to certain conditions. The production capacity of both Lead-Zinc and Ore beneficiation will be increased from 1.5 million tonnes per annum (MTPA) to 4 MTPA. The Zawar group of mines in Rajasthan, the oldest Lead-Zinc mines in the country, is spread over an area of 3,620 hectare and had reserves of 13.71 million tonnes and resource of 73.67 million tonnes as on April 1, 2015.
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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