NSE: HINDZINC | BSE: 500188

Mid-range Performer

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461.25 2.00 (0.44%)

3.7M NSE+BSE Volume

NSE 23 Sep, 2025 2:52 PM (IST)

194,892.8

Market Cap

Market Leader

1.4

Beta 1Year

Very High Volatility

Hindustan Zinc Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for HINDZINC, BSE:500188 Hindustan Zinc Ltd.

Hindustan Zinc Ltd.

09 Feb 2018

461.25

0.44%

Hindustan Zinc : Getting more aggressive on volume growth

Neutral: Hindustan Zinc Ltd.

Target

Motilal Oswal

HZ's mine production ramp-up to 1.2mtpa (v/s 907kt in FY17) is on schedule. The production run-rate is likely to be achieved in any one of the quarters during FY19 itself. This makes us more comfortable on our estimates of 1.05mt for FY19 and 1.16mt for FY20. There is a possibility of some upside in FY19. As the mix of silver-rich ore increases, silver production will increase at a faster rate. With the commissioning of Fumers and ramp-up at SK mine, HZ expects silver production to increase to 700-800t and ultimately to 1,000t. HZ has strong focus on enhancing Reserves and Resources (R&R). Exploration activities are intensifying further, encouraged by the findings so far. HZ is strengthening its exploration team with the best in the world. Exploratory drilling is likely to increase from 70km in FY17 to 200km in FY19. R&R has increased from 146mt in FY04 to 404mt in FY17 and the plan is to increase it to 550mt. Strong focus on enhancing resources has ensured mine life of more than 30 years at any time despite 10-fold increase in production in 12-13 years.

Promoters unpledged 82.26% of shares in last quarter. Total pledge stands at 11.24% of promoter holdings

Hindustan Zinc Ltd.

24 Jan 2018

461.25

0.44%

Result Update:Hind.Zinc

Hold: Hindustan Zinc Ltd.

Target

Axis Direct

Q3FY18 EBITDA at Rs 32.4 bn, up 17% YoY, was in line with our estimate of Rs 32.2 bn and consensus estimate of Rs 33.3 bn. The YoY improvement in performance was led primarily by (1) higher LME prices and (2) strong silver volumes.

Hindustan Zinc Ltd. is trading above all available SMAs

Hindustan Zinc Ltd.

22 Jan 2018, 08:57AM

461.25

0.44%

Hindustan Zinc (3QFY18): Bumpy ride, priced in. Maintain NEUTRAL

Neutral: Hindustan Zinc Ltd.

Target

HDFC Securities

Maintain NEUTRAL, with a TP of Rs 318 (7.0x Dec-19 EV/EBITDA). Hindustan Zinc (HZL) delivered an EBITDA marginally lower than estimates at Rs 32.4bn (16.3/7.3% YoY/QoQ vs est Rs 34.1bn). The difference in EBITDA was driven by higher Zn cost of production (CoP) (USD1022/t, 18.7/3.9% YoY/QoQ), offset by higher zinc prices (28.4/9.1% YoY/QoQ).

Number of FII/FPI investors decreased from 280 to 270 in Jun 2025 qtr

Hindustan Zinc Ltd.

19 Jan 2018

461.25

0.44%

Hindustan Zinc Ltd Q3FY18 results comment

Results Update: Hindustan Zinc Ltd.

HDFC Securities

Hindustan Zinc Ltd Q3FY18 results comment Revenue rose by 11.55% to Rs. 5922.0 Cr in Q3FY18 when compared to the previous quarter.

Number of MF schemes increased from 25 to 34 in Jun 2025 qtr.

Hindustan Zinc Ltd.

19 Jan 2018

461.25

0.44%

Hindustan Zinc

Buy: Hindustan Zinc Ltd.

ICICI Securities Limited

Hindustan Zinc reported a subdued set of Q3FY18 numbers. EBITDA came in lower than estimates on account of increased cost of production (CoP). Zinc metal cost of production per tonne before royalty (COP) during the quarter increased 14% YoY, 4% QoQ to...

Promoters unpledged 82.26% of shares in last quarter. Total pledge stands at 11.24% of promoter holdings

Hindustan Zinc Ltd.

18 Jan 2018

461.25

0.44%

Hindustan Zinc: In-line; LME and volume gains partly offset by cost increase

Neutral: Hindustan Zinc Ltd.

Target

Motilal Oswal

Mine metal production increased 10% QoQ (-13% YoY, strong base) to240kt. Zinc production rose 7% QoQ (-18% YoY) to 194kt, while lead production increased 21% QoQ/18% YoY to 46kt. Silver production growth was slower at 4% QoQ to 132t on WIP build-up. Reported CoP (ex-royalty) increased, on expected lines, by USD38/t QoQ toUSD1,022/t due to higher coke and coal cost, and grade mix. CoP is guided at USD950-975/t for FY18, implying some moderation in 4Q,driven by better grade and coal linkage. RAM underground and SK mines crossed their rated output of 2mt/4.5mtduring the quarter. Production through shafts at both the mines is on track to start from 3QFY19. Civil work at the Fumer project is 70% complete, with the project on track for commissioning by mid-FY19.