453.0500 -1.80 (-0.40%)
NSE Sep 19, 2025 15:31 PM
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Hindustan Zinc Ltd.
21 Jan 2021, 12:00AM
453.05
-0.40%
Prabhudas Lilladhar
Hindustan Zinc (HZ) reported EBITDA tad below our estimates by 3% due to lower volumes. While, earnings beat consensus estimates by 6%. HZ missed its guidance on volumes and ore grade over last 3-4 years due to weaker than assessed ore grade. Ore grade has fallen by ~30% in last 5 years due to lower grade of new mines and reduced share of Rampura Agucha (RA) mines. As the new shafts at both RA and Sindesar Khurd (SK) mines...
Hindustan Zinc Ltd. is trading above all available SMAs
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