Hindustan Zinc zooms on reporting 11% rise in integrated metal production in Q3
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Hindustan Zinc is currently trading at Rs. 329.05, up by 9.45 points or 2.96% from its previous closing of Rs. 319.60 on the BSE.
The scrip opened at Rs. 325.10 and has touched a high and low of Rs. 334.10 and Rs. 325.10 respectively. So far 73248 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. 230.80 on 05-Jan-2021.
Last one week high and low of the scrip stood at Rs. 334.10 and Rs. 315.00 respectively. The current market cap of the company is Rs. 139118.63 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 (HZL) has reported an 11 per cent rise in integrated metal production at 2,61,000 tonnes in the third quarter of this fiscal, supported by better plant and mined metal availability and improved operating parameters. The company's integrated metal production stood at 2,35,000 tonnes in the year-ago period.
Integrated zinc production was at 214,000 tonnes, up 17 per cent as compared to Q3 FY'21. Refined lead production was at 47,000 tonnes in the third quarter of FY'22, down 10 per cent as compared to the year-ago period.
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.
