Hindustan Zinc rises on forming wholly-owned subsidiary company

22 Dec 2021 Evaluate

Hindustan Zinc is currently trading at Rs. 313.20, up by 0.05 points or 0.02% from its previous closing of Rs. 313.15 on the BSE.

The scrip opened at Rs. 318.45 and has touched a high and low of Rs. 318.45 and Rs. 313.00 respectively. So far 28139 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 407.90 on 18-Oct-2021 and a 52 week low of Rs. 224.70 on 22-Dec-2020.

Last one week high and low of the scrip stood at Rs. 334.90 and Rs. 306.00 respectively. The current market cap of the company is Rs. 132548.26 crore.

The promoters holding in the company stood at 64.92%, while Institutions and Non-Institutions held 33.15% and 1.93% respectively.

Hindustan Zinc has formed wholly-owned subsidiary (WOS) in the name and style of ‘Vedanta Zinc Football & Sports Foundation’ on December 21, 2021 in the state of Rajasthan. The company has formed wholly-owned subsidiary to carry on strengthening India's football ecosystem by engaging the youth and leveraging the power of football to ensure their physical, mental and economic well-being; promoting infrastructure development, talent identification, training through development and excellence models, participation In structured state, national and international sporting competitions; thereby gainfully promoting the platform to all skill and otherwise and to secure the future for our young sporting talents and to carry out any other activity/ activities incidental In relation to the main object in and out of India.

The company will fully subscribe 1000 equity shares of Vedanta Zinc Football & Sports Foundation of the face value of Rs 100 each

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.

Hindustan Zinc Share Price

498.65 4.15 (0.84%)
18-Nov-2024 11:47 View Price Chart
Peers
Company Name CMP
Hindalco 656.65
Vedanta 451.10
Hindustan Zinc 498.65
Gravita India 2162.30
Ram Ratna Wires 579.50
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