Bengaluru, June 17 -- The shares of this world's largest zinc producer are in focus after it approved its first outlay with a 12,000 crore capex plan. In this article, we will dive deep into the details.
With a market capitalization of Rs 2,04,949 crores, the shares of Hindustan Zinc Ltd are currently trading at Rs 485 per share, down by 32.4 percent from its 52-week high of Rs 717.10 per share. Over the past five years, the stock has delivered a return of 173 percent.
On Tuesday, the company, through a stock exchange filing, announced that it has approved the setting up of a 250 KT integrated Zinc metal complex at Debari and associated mining and milling capacities at a capital expenditure of up to Rs 12,000 crore as part of the Compan...
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