Hindustan Zinc trims zinc prices by Rs 1,500 per tonne

30 Nov 2011 Evaluate

Vedanta Group's Hindustan Zinc has trimmed zinc prices by Rs 1,500 per tonne to Rs 116,400 per tonne. However, the company left lead prices unchanged at Rs 120,700 per tonne. The Vedanta Group company has aligned the prices of its product with the changing trend of metal prices on London Metal Exchange.

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.

The company‘s net profit for the quarter ended September 30, 2011 has surged by 41.74% at Rs 1344.69 crore as compared to Rs 948.72 crore for the previous fiscal. The company’s total income has increased by 26.74% to Rs 3023.60 crore for the quarter under review from Rs 2385.64 crore for the similar quarter last year.

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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