Hindustan Zinc gains after executing deed for grant of composite licence with Government of Uttar Pradesh
Hindustan Zinc is currently trading at Rs. 522.15, up by 4.05 points or 0.78% from its previous closing of Rs. 518.10 on the BSE.
The scrip opened at Rs. 518.10 and has touched a high and low of Rs. 525.00 and Rs. 518.10 respectively. So far 80632 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 732.60 on 28-Jan-2026 and a 52 week low of Rs. 413.40 on 01-Aug-2025.
Last one week high and low of the scrip stood at Rs. 576.00 and Rs. 517.00 respectively. The current market cap of the company is Rs. 220646.16 crore.
The promoters holding in the company stood at 60.71%, while Institutions and Non-Institutions held 35.16% and 4.13% respectively.
Hindustan Zinc has executed the Deed for Grant of Composite Licence (CL) under the provisions of Schedule V of the Mines and Minerals (Development and Regulation) Act, 1957, with the Government of Uttar Pradesh in respect of the Nawatola Laband Rare Earth Elements (REE) Block, Uttar Pradesh. The Nawatola Laband REE Block, having an area of 210.01 hectares, is located in Sonbhadra, Uttar Pradesh.
The execution of the CL entitles the company to undertake reconnaissance/prospecting and exploration activities in accordance with the terms and conditions of the licence and the applicable statutory provisions. Upon successful completion of exploration and fulfillment of the terms and conditions applicable to the successful bidder under the MMDR Act, the Mineral (Auction) Rules, 2015, and the CL, the company shall be eligible for grant of a Mining Lease in accordance with the applicable laws.
