Hindustan Zinc rises on signing MoU with CMR Green Technologies
Hindustan Zinc is currently trading at Rs. 595.15, up by 5.15 points or 0.87% from its previous closing of Rs. 590.00 on the BSE.
The scrip opened at Rs. 589.40 and has touched a high and low of Rs. 602.00 and Rs. 589.40 respectively. So far 86133 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. 385.05 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 607.95 and Rs. 565.95 respectively. The current market cap of the company is Rs. 252674.08 crore.
The promoters holding in the company stood at 61.84%, while Institutions and Non-Institutions held 34.14% and 4.01% respectively.
Hindustan Zinc has signed a Memorandum of Understanding (MoU) with CMR Green Technologies, India’s largest non-ferrous metal recycling company and amongst the largest globally. This marks the second major partnership for Zinc Park in Rajasthan, following Hindustan Zinc’s earlier MoU with Tripura Group, and further strengthens the park’s positioning as India’s first integrated ecosystem for zinc-based industrial applications.
Under the MoU, CMR Green Technologies will establish a manufacturing facility at Zinc Park focused on producing high-quality, low-emission zinc alloys. These alloys are critical for industries such as automotive, infrastructure, die-casting, and consumer goods. The project will enable downstream value addition of zinc while promoting sustainable metal processing and supporting India’s self-reliance in industrial materials.
Through this partnership, Hindustan Zinc continues to accelerate the creation of India’s first of-its-kind downstream zinc industrial cluster, fostering innovation, sustainability, and long-term economic value. It further reinforces Zinc Park’s role in strengthening domestic value addition, promoting circular economy practices, and contributing significantly to Rajasthan’s industrial development while supporting India’s vision of becoming a global hub for sustainable metals and advanced manufacturing.
