Hindustan Zinc is currently trading at Rs. 111.15, up by 1.25 points or 1.14% from its previous closing of Rs. 109.90 on the BSE.
The scrip opened at Rs. 109.90 and has touched a high and low of Rs. 111.50 and Rs. 109.55 respectively. So far 84380 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 146.80 on 18-Dec-2012 and a 52 week low of Rs. 106.90 on 17-Apr-2013.
Last one week high and low of the scrip stood at Rs. 120.55 and Rs. 106.90 respectively. The current market cap of the company is Rs. 47006.67 crore.
The promoters holding in the company stood at 64.92% while Institutions and Non-Institutions held 33.01% and 2.07% respectively.
Hindustan Zinc (HZL), country's only integrated zinc producer is reportedly planning to increase output from its mines by 20% to 1.2 million tonne (mt) over the next three years. The company will be able to achieve this growth at a time when some of the world's largest zinc mines in Canada and Australia are being shut down nudging the global zinc market into a supply deficit scenario.
The entity is also planning expansion at Rampura Agucha, the world's largest zinc producing mine, and Sindesar Khurd, a silver-rich mine. Its Zawar and Dariba mines are also being expanded in a phased manner. Under its expansion plan, it is slated to develop two green-field mines, while it will start commercial production at Kayar in Rajasthan with initial capacity of 0.35 mtpa in FY14, it will also develop a small mine at Bamnia Kalan in Rajasthan.
| Company Name | CMP |
|---|---|
| Hindalco | 627.15 |
| Vedanta | 433.50 |
| Hindustan Zinc | 494.50 |
| Gravita India | 2098.45 |
| Ram Ratna Wires | 591.50 |
| View more.. | |
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