451.1500 2.25 (0.50%)
NSE Jun 27, 2025 15:59 PM
Volume: 7.4M
 

451.15
0.50%
Motilal Oswal
Hindustan Zinc (HZ)'s 3QFY21 results were strong, as expected, with EBITDA up 43% YoY on higher volumes and prices. While silver business remained strong with EBIT of INR10.1b (37% of total), zinc realized premiums recovered to pre-COVID levels as the share of domestic volumes improved in 3Q. As major projects near completion, we expect 9% CAGR in HZ volumes over FY21-23E, driving an 18% CAGR in EBITDA. However, we believe this growth is factored in the current valuation and hence we rate it Neutral....
Hindustan Zinc Ltd.'s price crossed above 100Day SMA today
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