NSE: HINDZINC | BSE: 500188 | INDUSTRY : ZINC | SECTOR : METALS & MINING

Hindustan Zinc Ltd.

Expensive Performer

222.85 1.95 (0.88%)

92.03% Gain from 52W Low

Volume: 2.5M

NSEOct 20, 2020 03:31 PM

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Durability score
45/100
Medium Financial Strength
Valuation score
26.8/100
Expensive Valuation
Momentum score
59.0/100
Technically Neutral
6S
12W
4O
2T


Hindustan Zinc Ltd.    
24 Sep 2020
222.85
0.88%
buy
by Way2Wealth
Target: 230 | Upside : 3.2%
Way2Wealth
Registered Office:Rukmini Towers, 3rd& 4th Floor, # 3/1, Platform Road, Sheshadripuram, Bangalore - 560 020,...
Hindustan Zinc Ltd. is trading above all available SMAs
Hindustan Zinc Ltd.    
27 Jul 2020
222.85
0.88%
buy
by Geojit BNP Paribas
Target: 212 | Target met
Geojit BNP Paribas
In Q1FY21, standalone revenue fell 20.8% YoY to Rs. 3,898cr, mainly due to weaker revenue from Zinc (-27.0% YoY, 65.7% of total revenue) and Lead (-11.7% YoY, 15.5% of total revenue). The drop in revenue was attributable to reduced prices (Zinc LME: -29.0% YoY and Lead LME: -11.2%YoY), lower volumes (impacted by the COVID-19 pandemic) and shrunk premiums (due to adverse domestic-export mix), partly offset by rupee depreciation. Mined metal production dropped 5.2% YoY to 202kt owing to outage in April during the lockdown. Saleable Silver production decreased to 117mt (-26.4% YoY) due to delayed stabilization of DSC lead smelter and increase in WIP,...
Hindustan Zinc Ltd. has an average target of 217.17 from 7 brokers.
Hindustan Zinc Ltd.    
22 Jul 2020
222.85
0.88%
buy
Accumulate: Hindustan Zinc Ltd.
by Prabhudas Lilladhar
Target: 200 | Target met
Prabhudas Lilladhar
Hindustan Zinc (HZ) reported earnings in line with ours/consensus estimates. HZ missed its guidance on volumes and ore grade over past couple of years due to delay in commissioning of shafts and weaker than assessed ore grade. As the new shafts at both Rampura Agucha (RA) and Sindesar Khurd (SK) mines commenced hauling of ore, we expect significant improvement in quality of operations with better visibility on production and lower costs. In last five years since FY15, ore grade has fallen by ~30% to 7.5% due to fall in...
Hindustan Zinc Ltd. has gained 27.93% in the last 6 Months
Hindustan Zinc Ltd.    
21 Jul 2020, 12:00AM
222.85
0.88%
buy
by Motilal Oswal
Target: 208 | Target met
Motilal Oswal
21 July 2020 Revenue declined 9% QoQ (-20% YoY) to INR39.9b (v/s est. INR37.8b), primarily due to decline in volumes (208kt, -6% QoQ), Zinc LME (-8% QoQ) and premiums offset by currency depreciation (5%). Hindustan Zincs (HZ) 1QFY21 results reflect impact of the COVID-19 led shutdown, lower LME and adverse sales mix (higher exports). EBITDA was down 14% QoQ to INR15.8b (6% higher than est.), aided by lower costs. However, PAT inched up 1% QoQ to INR13.6b on higher other income (v/s est. We expect HZs EBITDA at 11% CAGR over FY20-22E despite lower LME, primarily on ~10% volume CAGR to 1,034kt. Maintain Derived Zinc realizations declined 11% QoQ to USD2,070/t (v/s 8% decline in LME zinc) due to lower realized premiums, which in turn was on account of higher exports (70% of volumes v/s normal level of 25%).
Hindustan Zinc Ltd. has an average target of 217.17 from 7 brokers.
Hindustan Zinc Ltd.    
22 May 2020
222.85
0.88%
buy
by ICICI Securities Limited
Target: 200 | Target met
ICICI Securities Limited
On account of Covid-19, the company halted operations from March 22, 2020 and gradually restarted operations from April 8, 2020. All mines and smelters of HZL were operational in a couple of weeks. In April 2020, HZL's mines and smelter were ramped up to 40% and 80% of capacity,...
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Promoters initiated pledges of 22.83% of holdings in Sep 2020 qtr.
Hindustan Zinc Ltd.    
24 Mar 2020
222.85
0.88%
buy
by Rudra Shares and Stock Brokers Ltd
Rudra Shares and Stock Brokers Ltd
As one of the largest producers of zinc, lead and silver in the world, Hindustan Zinc is well positioned to reduce India's dependence on imports and take on the mantle of creating a sustainable metal value chain. With a share of over 75% by volume, it enjoys a dominant position in the domestic zinc market. HZL's overall reserves and resources ensure a long-term mine life of over 25 years even though they reduced to 403 million MT in FY19 from 411 MMT in FY18.Company produced 13.8 MMT of ore in FY19, supported by a 27% on yearly basis increment in ore production from underground mines. However,...
Hindustan Zinc Ltd. is trading above all available SMAs
Hindustan Zinc Ltd.    
24 Jan 2020
222.85
0.88%
buy
by Geojit BNP Paribas
Target: 228 | Target met
Geojit BNP Paribas
Q3FY20 witnessed weakness in Zinc prices, and decline in production activities. However, we expect recovery in the last quarter and maintained our HOLD rating on the stock with a revised target price of Rs. 228 based on 11x FY22E P/E. Production challenges weigh on Q3 performance In Q3FY20, revenue from operations fell 15.7% YoY to Rs. 4,672 cr mainly due to weaker revenue from Zinc (-17.6% YoY, 67.7% of total revenue), and Lead (-21.1% YoY, 14.0%), partially offset by slight improvements in Silver (1.9% YoY, 14.8%). Zinc...
Hindustan Zinc Ltd. has gained 27.93% in the last 6 Months
Hindustan Zinc Ltd.    
22 Jan 2020
222.85
0.88%
buy
by ICICI Securities Limited
Target: 245 | Target met
ICICI Securities Limited
Hindustan Zinc reported a steady set of Q3FY20 numbers wherein topline, EBITDA and PAT came in broadly in line with our estimates. For the quarter, zinc sales volumes came in at ~172000 tonnes (up 2% QoQ & down 8% YoY), lead sales volume came in at ~42000 tonnes (down 5% QoQ, 22% YoY) while silver sales volume came in at ~154000 kg (up 14% QoQ, down 13% YoY). Topline was at | 4672 crore (up 4% QoQ, down 16% YoY) in line our estimate of | 4688 crore. EBITDA came in at | 2289 crore (up 8% QoQ, down 19% YoY), broadly in line with our estimate of | 2317 crore. EBITDA...
Hindustan Zinc Ltd. is trading above all available SMAs
Hindustan Zinc Ltd.    
21 Jan 2020, 12:00AM
222.85
0.88%
buy
by Prabhudas Lilladhar
Target: 235 | Target met
Prabhudas Lilladhar
Earnings visibility continued to remain weak due to deteriorating ore grade last one month due to production restrictions in China and improvement in sentiments related to USA-China Trade war. However, we do not see prices...
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Promoters initiated pledges of 22.83% of holdings in Sep 2020 qtr.
Hindustan Zinc Ltd.    
21 Jan 2020, 12:00AM
222.85
0.88%
buy
by Motilal Oswal
Target: 225 | Target met
Motilal Oswal
21 January 2020 3QFY20 results broadly reflect Hindustan Zincs (HZL) continuing challenges in ramping up production. While mined metal production did recover (+4% QoQ), it was on a low, seasonally weak base. Revenue/EBITDA was up 4%/8% QoQ (in-line). We expect volumes to recover in 4QFY20 as production issues recede with ramp-up from SK mines. We build in 17% QoQ improvement in EBITDA for 4QFY20 on higher volumes and lower costs. However, at 6x FY21E EV/EBITDA, this benefit is well baked in. Maintain HZLs EBITDA was up 8% QoQ at INR22.9b (in line with est) on the back of some sequential recovery in volumes. Refined metal production rose 4% QoQ to 219kt. Revenue also increased 4% QoQ on higher zinc/silver volumes and slightly better LME prices. PBT came in at INR21b (flat QoQ). PAT, though decreased 22% QoQ to INR16.2b (5% lower than est.) as 2QFY20 had deferred tax credits of INR3.65b.
Hindustan Zinc Ltd. has gained 27.93% in the last 6 Months