Hindustan Zinc trades in green on the bourses

09 Oct 2012 Evaluate

Hindustan Zinc is currently trading at Rs. 134.00, up by 1.85 points or 1.40 % from its previous closing of Rs. 132.15 on the BSE.

The scrip opened at Rs. 133.05 and has touched a high and low of Rs. 134.95 and Rs. 133.00 respectively. So far 43418 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 149.80 on 17-Feb-2012 and a 52 week low of Rs. 106.70 on 18-Nov-2011.

Last one week high and low of the scrip stood at Rs. 139.90 and Rs. 131.30 respectively. The current market cap of the company is Rs. 56957.30 crore.

The promoters holding in the company stood at 64.92% while Institutions and Non-Institutions held 3.28% and 31.80% respectively.

Hindustan Zinc’s (HZL), mined metal production in FY2013, as per the current year’s mine plan is expected to be slightly higher than the previous year, with production in H1 FY2013 marginally lower than that of last year, which will be more than made up in H2 FY2013. Accordingly, mined metal production was 190kt in Q2 and 377kt in H1, as compared with 210kt tonnes and 398kt tonnes in the corresponding prior periods. The Sindesar Khurd (SK) mine continued to ramp-up well with mined metal production up 39% at 45kt tonnes in H1.

Besides, in line with the mined metal production, integrated production of refined Zinc was 153kt tonnes in Q2 and 310kt tonnes in H1. Integrated production of refined Lead was 24kt tonnes in Q2, and 53kttonnes in H1, up 40% and 59% respectively, driven by the ramp-up of the new 100kt Dariba Lead smelter.

Moreover, integrated refined Silver production was 80 tonnes in Q2 and 160 tonnes in H1, up 63% and 66% respectively, driven by the ramp-up of SK mine and the new 100kt Dariba lead smelter.

Further at Kayar, a milestone of development ore production was achieved towards the end of the quarter. Both Rampura Agucha underground and Kayar mine will start commercial production in the next fiscal.

Hindustan Zinc Share Price

469.35 -9.75 (-2.04%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 623.75
Vedanta 477.50
Hindustan Zinc 469.35
Gravita India 2330.25
Ram Ratna Wires 580.35
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