Hindustan Zinc shines on reporting 15% rise in Q2 net profit

19 Oct 2012 Evaluate

Hindustan Zinc is currently trading at Rs. 135.05, up by 0.20 points or 0.15% from its previous closing of Rs. 134.85 on the NSE.

The scrip opened at Rs. 136.65 and has touched a high and low of Rs. 137.70 and Rs. 134.50 respectively. So far 5, 40,204 shares were traded on the counter.

The NSE stock of face value Rs. 2 has touched a 52 week high of Rs. 154.00 on 24-Feb-2012 and a 52 week low of Rs. 106.45 on 18-Nov-2011.

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

The company has posted a rise of 14.51% in its net profit at Rs 1539.79 crore for the quarter ended September 30, 2012 as compared to Rs 1344.69 crore for the same quarter in the previous year. Total income from operation has increased by 11.81% at Rs 3405.22 crore for quarter under review as compared to Rs 3045.57 crore for the quarter ended September 30, 2011.

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

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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