Hindustan Zinc Ltd

Hindustan Zinc has approved the allotment of 50,000 Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures of face value of Rs 1 lakh each aggregating to Rs 500 crore. Powered by Capital Market - Live

Hindustan Zinc Ltd gained 1.66% today to trade at Rs 437. The BSE Metal index is up 0.8% to quote at 29982.08. The index is up 8.55 % over last one month. Among the other constituents of the index, APL Apollo Tubes Ltd increased 1.56% and NMDC Ltd added 1.49% on the day. The BSE Metal index went up 12.99 % over last one year compared to the 2.02% surge in benchmark SENSEX. Hindustan Zinc Ltd has added 4.9% over last one month compared to 8.55% gain in BSE Metal index and 2.4% drop in the SENSEX. On the BSE, 2885 shares were traded in the counter so far compared with average daily volumes of 1.14 lakh shares in the past one month. The stock hit a record high of Rs 807 on 22 May 2024. The stock hit a 52-week low of Rs 285 on 15 Mar 2024.Powered by Capital Market - Live

 Hindustan Zinc announced the signing of a power delivery agreement (PDA) with Serentica Renewables, a leading renewable energy company in India. The latest power delivery agreement augments Hindustan Zinc's round-the-clock renewable energy up to 530 MW from previously signed PDA of 450 MW, increasing the overall renewable energy contribution to over 70% of its total power requirement. This is a first-of-its kind round-the-clock renewables PDA that guarantees a minimum of 315 MW uninterrupted power supply through every 15-minute time block. The resulting project will build new solar, wind and energy storage on multiple sites across the country and integrate several existing renewables projects. Developed under a captive structure, the project will be strategically spread across high resource locations in India and is set to be fully operational by 2027. This innovative hybrid solution eliminates Hindustan Zinc's reliance on other conventional power sources by delivering seamless, reliable energy through advanced storage systems and market mechanisms. This landmark agreement marks a fundamental shift in industrial power procurement, moving beyond traditional round-the-clock (RTC) models to an advanced, Time Block-Based firm Renewable Energy solution. Unlike conventional renewable energy agreements, this PDA ensures a precisely scheduled and dispatchable power supply using a combination of solar, wind, and cutting-edge energy storage technologies. Serentica is redefining industrial energy reliability by solving the intermittency challenge that has historically limited the adoption of renewable power. Through advanced forecasting, grid management, and energy storage innovations, Serentica is enabling industries to transition towards clean energy without compromising on stability or operational efficiency. Serentica is playing a critical role in advancing India's net-zero ambitions, leveraging technology-driven solutions to provide firm, reliable, and cost-effective renewable power to energy-intensive industries. Powered by Capital Market - Live

Hindustan Zinc has approved the issuance of unsecured, redeemable, rated, listed, non-convertible debentures ('NCDs' or ' Debentures') aggregating up to Rs 500 crore, which NCDs are to be issued in following three separately transferable and redeemable principal parts: (i) Rs 100 crore (STRPP 1); (ii) Rs 100 crore (STRPP 2 ); and (iii) Rs 300 crore (STRPP 3 together with STRPP 1 and STRPP 2 'STRPPS'), where the cumulative principal amount of the STRPPS shall not exceed Rs 500 crore.Powered by Capital Market - Live

Hindustan Zinc Ltd rose 1.99% today to trade at Rs 434.6. The BSE Metal index is up 0.59% to quote at 30281.46. The index is up 6.37 % over last one month. Among the other constituents of the index, Hindalco Industries Ltd increased 0.89% and APL Apollo Tubes Ltd added 0.7% on the day. The BSE Metal index went up 5.37 % over last one year compared to the 0.17% surge in benchmark SENSEX. Hindustan Zinc Ltd has lost 7.02% over last one month compared to 6.37% gain in BSE Metal index and 5.15% drop in the SENSEX. On the BSE, 10426 shares were traded in the counter so far compared with average daily volumes of 1.24 lakh shares in the past one month. The stock hit a record high of Rs 807 on 22 May 2024. The stock hit a 52-week low of Rs 285 on 15 Mar 2024.Powered by Capital Market - Live

Hindustan Zinc Ltd is up for a third straight session today. The stock is quoting at Rs 426.25, up 3.65% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Hindustan Zinc Ltd has slipped around 3.2% in last one month. Meanwhile, Nifty Metal index of which Hindustan Zinc Ltd is a constituent, has slipped around 3.52% in last one month and is currently quoting at 8685.2, up 2.34% on the day. The volume in the stock stood at 18.21 lakh shares today, compared to the daily average of 13.64 lakh shares in last one month.The PE of the stock is 18.48 based on TTM earnings ending December 24.Powered by Capital Market - Live

In an exchange filing, Hindustan Zinc said, 'A meeting of the committee of directors of the company is scheduled to be held on Monday, March 10, 2025, inter alia, to consider and evaluate proposals for raising funds through the issue of listed non-convertible debentures on private placement basis, subject to market conditions.' The proposed issuance shall be subject to the borrowing limits of the company and any necessary approvals from stock exchanges and other regulatory/governmental authorities, as may be required. Hindustan Zinc, a Vedanta Group company, is an integrated producer of zinc, lead and silver. As of March 2024, Vedanta held 64.92% stake in the company. The company's consolidated net profit jumped 32.1% to Rs 2678 crore on 17.7% increase in net sales to Rs 8,315 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

Hindustan Zinc will hold a meeting of the Board of Directors of the Company on 10 March 2025.Powered by Capital Market - Live

Net profit of Hindustan Zinc rose 32.05% to Rs 2678.00 crore in the quarter ended December 2024 as against Rs 2028.00 crore during the previous quarter ended December 2023. Sales rose 17.66% to Rs 8315.00 crore in the quarter ended December 2024 as against Rs 7067.00 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales8315.007067.00 18 OPM %54.1149.82 - PBDT4432.003574.00 24 PBT3527.002669.00 32 NP2678.002028.00 32 Powered by Capital Market - Live

Hindustan Zinc will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live