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India

Hindustan Zinc Ltd (HZNC.BO)

HZNC.BO on Bombay Stock Exchange

219.50INR
3:39pm IST
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Latest Key Developments (Source: Significant Developments)

India's Hindustan Zinc March-Qtr Net Profit Falls
Thursday, 2 May 2019 

May 2 (Reuters) - Hindustan Zinc Ltd ::MARCH QUARTER NET PROFIT 20.12 BILLION RUPEES VERSUS PROFIT OF 25.05 BILLION RUPEES LAST YEAR.MARCH QUARTER REVENUE FROM OPERATIONS 53.84 BILLION RUPEES VERSUS 61.74 BILLION RUPEES LAST YEAR.MINED METAL & FINISHED METAL PRODUCTION IN FY2020 WILL BE HIGHER THAN YEAR AGO & IS EXPECTED TO BE ABOUT 1 MILLION MT.SAYS GUIDANCE FOR FY2020 SILVER PRODUCTION IN RANGE OF 750-800 MT.ZINC COST PRODUCTION IN FY2020 EXPECTED TO BE UNDER $1000 PER MT.SAYS PROJECT CAPEX FOR FY2020 WILL BE IN RANGE OF $350-$400 MILLION.EXPECT TO COMPLETE UNDERGROUND EXPANSION PLAN BY END OF Q2 THIS YEAR, TAKING MINED METAL PRODUCTION TO 1.2 MILLION MT P.A..  Full Article

India's Hindustan Zinc Dec-Qtr Profit Down 3.8 Pct
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Hindustan Zinc Ltd ::DEC QUARTER NET PROFIT 22.11 BILLION RUPEES VERSUS PROFIT OF 22.98 BILLION RUPEES LAST YEAR.DEC QUARTER REVENUE FROM OPERATIONS 55.40 BILLION RUPEES VERSUS 59.22 BILLION RUPEES LAST YEAR.SAYS MINED METAL PRODUCTION FOR QUARTER AT 247 KT.SAYS SWAYAM SAURABH JOINS CO AS DEPUTY CFO.SAYS MINED METAL PRODUCTION IN FY 2019 IN EXPECTED TO BE SLIGHTLY HIGHER THAN LAST YEAR.SAYS REITERATES FY 2019 SILVER PRODUCTION GUIDANCE OF 650-700 MT.REFINED ZINC-LEAD PRODUCTION WILL BE IN SYNC WITH MINED METAL PRODUCTION AND SLIGHTLY SHORT OF LAST YEAR'S PRODUCTION.SAYS CAPEX FOR YEAR FOR ZINC COP WILL BE ABOUT $350 MILLION.  Full Article

Normet Says Hindustan Zinc And Co Have Signed Comprehensive 4 Year Service Contract
Monday, 17 Dec 2018 

Dec 17 (Reuters) - :NORMET - HINDUSTAN ZINC LIMITED AND NORMET HAVE SIGNED A COMPREHENSIVE FOUR-YEAR SERVICE CONTRACT.NORMET -VALUE OF CONTRACT WILL APPROXIMATELY 60 MEUR OVER 4 YEARS' TIME.  Full Article

Hindustan Zinc Approves Second Interim Dividend Of 6 Rupees/Shr
Friday, 16 Mar 2018 

March 16 (Reuters) - Hindustan Zinc Ltd ::APPROVED SECOND INTERIM DIVIDEND OF 6 RUPEES PER EQUITY SHARE.  Full Article

Hindustan Zinc Declares Interim Dividend Of 6 Rupees/Share
Friday, 16 Mar 2018 

March 16 (Reuters) - Hindustan Zinc Ltd ::DECLARED INTERIM DIVIDEND OF 6 RUPEES PER SHARE.  Full Article

Mcnally Bharat Engg Co Gets Order Worth 683 Mln Rupees For Work at Hindustan Zinc's Zawar Mine
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - MCNALLY BHARAT ENGG CO LTD ::GETS ORDER WORTH 33 MILLION RUPEES FOR SUPPLY OF SPARES FOR BENEFICIATION PLANT AT ZAWAR MINE OF HINDUSTAN ZINC.GOT ORDER WORTH 650 MILLION RUPEES FOR DEBOTTLENECKING AND CAPACITY EXPANSION AT HINDUSTAN ZINC'S ZAWAR MINE ​.  Full Article

Master Drilling says to expand into India, Australia
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Master Drilling Group Limited ::MASTER DRILLING GROUP LTD - ‍EXPANSION INTO INDIA AND AUSTRALIA, DIVERSIFYING ACROSS TWO NEW GEOGRAPHIES​.MASTER DRILLING - ‍IN INDIA, MASTER DRILLING WILL SUPPORT VEDANTA LTD, DEPLOYING ONE RMACHINE TOHINDUSTAN ZINC INDIA MIND AT INITIAL VALUE OF ABOUT $6 MILLION​.MASTER DRILLING GROUP LTD - ‍BOTH CONTRACTS RELATE TO UNDERGROUND VENTILATION WORKS TO BE COMPLETED OVER NEXT TWO YEARS​.MASTER DRILLING - ‍IN AUSTRALIA, A MACHINE CONTRACTED TO UNDERGROUND MINING CONTRACTOR ON A GOLD PROJECT. CONTRACT WILL RUN INITIALLY FOR ONE YEAR​.  Full Article

India's Mcnally Bharat Engg gets order worth 300 mln rupees from Hindustan Zinc ‍​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Mcnally Bharat Engg Co Ltd ::Gets order worth about 300 million rupees from Hindustan Zinc ‍​.  Full Article

India's Hindustan Zinc Sept qtr profit up about 34 pct
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Hindustan Zinc Ltd :Sept quarter net profit 25.45 billion rupees versus profit of 19.02 billion rupees last year.Sept quarter revenue from operations 53.09 billion rupees versus 35 billion rupees last year.Declared interim dividend of 2 rupees per share.Sept quarter mined metal production up 14 percent y-o-y at 219 KT.Says project capex for year to be around $300 million to $325 mln‍​.Production guidance reiterated with mined metal to be higher than FY 2017‍​.Co on track to achieve 1.2 million MTPA mined metal production capacity by FY 2020‍​.Says exceptional gain of 2.91 billion rupees in quarter.  Full Article

Indian zinc miner sees output rebounding in 2019-20 financial year

NEW DELHI India's Hindustan Zinc Ltd (HZL) (HZL), the world's second largest zinc miner, expects its output to grow in 2019/20 after a drop in the previous financial year, a senior executive said, a move that could put pressure on global prices.