Hindustan Zinc rises on inking transportation contract with MFL
Hindustan Zinc is currently trading at Rs. 607.85, up by 1.85 points or 0.31% from its previous closing of Rs. 606.00 on the BSE.
The scrip opened at Rs. 609.00 and has touched a high and low of Rs. 610.95 and Rs. 605.00 respectively. So far 74840 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. 430.60 on 10-Sep-2025.
Last one week high and low of the scrip stood at Rs. 610.95 and Rs. 587.60 respectively. The current market cap of the company is Rs. 256667.00 crore.
The promoters holding in the company stood at 60.71%, while Institutions and Non-Institutions held 35.07% and 4.22% respectively.
Hindustan Zinc has signed a six-year transportation contract with MFL India (MFL) for the deployment of 30 electric trucks for concentrate transportation, accelerating the electrification of its mine-to-smelter logistics network. Under the contract, extendable by a further two years, electric trucks will be progressively inducted to replace conventional diesel vehicles used for transporting zinc and lead concentrate from Rampura Agucha, the world’s largest underground zinc mining operations to its smelting operations in Rajasthan.
MFL will also establish and operate dedicated EV charging infrastructure to support the fleet, creating the ecosystem required for reliable electric mobility across a critical industrial logistics route. Recognising the higher capital requirements associated with emerging technologies such as EVs and LNG, the company is working with MFL to enable a phased transition to cleaner mobility, progressively replacing conventional vehicles as the EV fleet and charging infrastructure are established, while ensuring continued participation of local drivers in the transportation network.
