Name: Latest research reports of Hindustan Zinc Ltd. authored by Centrum Broking and published by - Trendlyne research reports.
Item: Hindustan Zinc Ltd.
Rating: 3
Author: Centrum Broking

Hindustan Zinc Ltd.

NSE: HINDZINC | BSE: 500188 | ISIN: INE267A01025 | Industry: Other Non-Ferrous Metals
| Falling Comet

439.7000 1.70 (0.39%)

NSE Apr 17, 2025 15:31 PM

45.56% Fall from 52W High

Volume: 2.0M

Hindustan Zinc Ltd.

22 Oct 2018

439.70

0.39%

Hind Zinc

Hold: Hindustan Zinc Ltd.

Recommendation Target

Centrum Broking

We downgrade Hindustan Zinc (HZL) to Hold with a revised TP of Rs275 as weakening price outlook for LME Zn/Pb led by sharp increase in mining output globally is likely to result in a balanced zinc market in CY19 thereby reversing the deficit position seen since CY16. We like HZL for its attractive asset base, growing volumes but see earnings growth remaining muted with lower LME realisations. Valuations appear rich on the revised lower earnings and don't leave much room for any disappointments on volume/cost front. Metal volumes subdued due to mismatch in MIC availability: MIC production...

Hindustan Zinc Ltd. is trading below its 100 day SMA of 449.6