Edition:
India

Hindustan Zinc Ltd (HZNC.BO)

HZNC.BO on Bombay Stock Exchange

293.50INR
15 Dec 2017
Change (% chg)

Rs3.65 (+1.26%)
Prev Close
Rs289.85
Open
Rs294.85
Day's High
Rs297.15
Day's Low
Rs291.60
Volume
75,976
Avg. Vol
111,846
52-wk High
Rs333.40
52-wk Low
Rs226.75

Latest Key Developments (Source: Significant Developments)

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

Hindustan Zinc Dec qtr profit up about 23 pct
Friday, 10 Feb 2017 

Hindustan Zinc Ltd : Dec quarter net profit 23.20 billion rupees . Dec quarter total income from operations 53.84 billion rupees . Net profit in dec quarter last year was 18.40 billion rupees as per Ind-AS; total income from operations was 37.22 billion rupees . Mined metal production at 276 kt in q3, up 44 percent q-o-q . Enviromental clearances received for Zawar and Sindesar Khurd expansions . For FY integrated zinc metal production will be lower than FY 2016 .Saleable lead production for full year will be in line with FY 2016 and silver produciton will be higher than FY 2016.  Full Article

Anglo said to rebuff Indian billionaire Agarwal's Merger Plan- Bloomberg
Friday, 29 Jul 2016 

: There are no current talks between Anglo American and Anil Agarwa- Bloomberg, citing sources . Preliminary deliberations were quickly dismissed after Anglo concluded a deal didn't make sense and wasn't feasible- Bloomberg, citing sources .Anglo American Plc rebuffed informal approaches in recent months from Indian billionaire Anil Agarwal- Bloomberg, citing sources.  Full Article

Hindustan Zinc Q1 mined metal production down 46 pct
Wednesday, 20 Jul 2016 

Hindustan Zinc Ltd : Mined metal production of 127 kt as per mine plan, and lead production at 101 kt and 25 kt; down 46 pct and 11 pct respectively . Q1 silver production higher by 20 pct; lower production as per plan with second half to be substantially stronger . Q1 mined metal production of 127 kt as per mine plan, second half to be substantially stronger .Integrated silver production at 89 mt; up 20 pct compared to Q1 FY 2016.  Full Article

Hindustan Zinc gets members' nod for appointing Sunil Duggal as CEO
Tuesday, 28 Jun 2016 

Hindustan Zinc Ltd : Gets members' nod for appointing sunil duggal as CEO, whole-time director .  Full Article

Miner Vedanta continues its recovery with robust first-half profits

Diversified miner Vedanta Resources said it sees further upside for zinc prices as it announced a 37.4 percent rise in half-year profit on Friday.