Hindustan Zinc moves up on the BSE

28 Aug 2013 Evaluate

Hindustan Zinc is currently trading at Rs. 115.35, up by 0.05 points or 0.04% from its previous closing of Rs. 115.30 on the BSE.

The scrip opened at Rs. 114.00 and has touched a high and low of Rs. 117.25 and Rs. 113.55 respectively. So far 53499 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. 94.00 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 121.30 and Rs. 103.60 respectively. The current market cap of the company is Rs. 48865.81 crore.

The promoters holding in the company stood at 64.92% while Institutions and Non-Institutions held 3.49% and 31.59% respectively.

Hindustan Zinc’s stake sale has reportedly been cleared of legal issues. Similarly, the legal hurdles surrounding divestment in Bharat Aluminium Company’s (BALCO) stake sale too have been cleared.

Majority stakes in both these companies were sold to Vedanta group during 2001-2003 and now the government has a residual stake of 29.5 percent and 49 percent in Hindustan Zinc and Bharat Aluminium Company (BALCO) respectively.

Meanwhile, the government has budgeted Rs 14,000 crore from residual stake sale in companies like Hind Zinc.

 

Hindustan Zinc Share Price

471.60 2.25 (0.48%)
23-Dec-2024 10:54 View Price Chart
Peers
Company Name CMP
Hindalco 632.50
Vedanta 480.50
Hindustan Zinc 471.60
Gravita India 2316.15
Ram Ratna Wires 577.05
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