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Hindustan Zinc is currently trading at Rs. 518.40, up by 7.50 points or 1.47% from its previous closing of Rs. 510.90 on the BSE.

The scrip opened at Rs. 512.50 and has touched a high and low of Rs. 519.00 and Rs. 512.50 respectively. So far 442151 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 807.00 on 22-May-2024 and a 52 week low of Rs. 285.00 on 15-Mar-2024.

Last one week high and low of the scrip stood at Rs. 544.30 and Rs. 488.65 respectively. The current market cap of the company is Rs. 218977.16 crore.

The promoters holding in the company stood at 64.92%, while Institutions and Non-Institutions held 33.31% and 1.78% respectively.

Hindustan Zinc had signed a Memorandum of Understanding (MoU) with Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), a premier institute sponsored by the Department of Science and Technology, Government of India. This collaboration aims to develop new variants of zinc materials to propel the commercialization of zinc-based batteries. The partnership between Hindustan Zinc and JNCASR marks a pivotal moment in the evolution of battery technologies, leveraging zinc's abundant resource availability, cost-effectiveness and sustainable practices. 

At present, lithium-ion batteries dominate the market but lithium availability, geographic concentration of mineral processing, and concerns around safety relating to combustion issues pose some key challenges to the advancement of sustainable energy solutions. Above all, lithium is far costlier (more than four times) compared to zinc which is much more affordable. Zinc-based batteries are better alternatives to lithiumbased batteries mainly due to properties like long duration storage, cost-effectiveness, durability and proven safety track record. 

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.