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Vedanta, Hindustan Zinc shares fall over 1% after metals giant confirms ED visits to offices
Vedanta and Hindustan Zinc shares dipped after the Enforcement Directorate visited some of their offices as part of a FEMA probe. The companies confirmed the visits and stated they are fully cooperating with the authorities. This news comes after Vedanta's recent demerger and a positive rating upgrade from ICRA.
Vedanta says ED officials visited some of its offices, Hindustan Zinc units
Enforcement Directorate officials visited offices of mining conglomerate Vedanta Limited and its subsidiary Hindustan Zinc Limited. The companies confirmed the visits to stock exchanges. Vedanta stated it is cooperating fully with the authorities. The nature and purpose of the inquiry were not disclosed. This development involves two major Indian companies.
Strong earnings: Vedanta, JSW Steel among 10 largecaps that reported best Q4 results
Indian markets conclude the Q4 earnings season with robust results. Vedanta, JSW Steel, Muthoot Finance, Indian Oil Corporation, Tata Steel, Hindustan Zinc, Samvardhana Motherson, Mahindra & Mahindra, Siemens Energy, and BPCL reported significant year-on-year growth in profits and revenues. This widespread outperformance across various sectors signals a strong financial performance for these large-cap companies.
Hindustan Zinc Ltd gains for third consecutive session
Hindustan Zinc Ltd is quoting at Rs 641.3, up 1.07% on the day as on 12:49 IST on the NSE. The stock is up 42.04% in last one year as compared to a 3.34% drop in NIFTY and a 44.84% drop in the Nifty Metal index.
Hindustan Zinc's Rampura Agucha Mine receives Zinc Mark certification
Hindustan Zinc has achieved another milestone in responsible production with its Rampura Agucha Mine - the world's largest underground zinc-lead mine, now becoming India's first Zinc Mark certified mine. Zinc Mark is a globally recognised assurance framework that validates responsible zinc production against internationally benchmarked Environmental, Social and Governance (ESG) standards, responsible sourcing practices, and value chain transparency.
ITC, Coal India or Hindustan Zinc: Which stock delivered higher FY26 dividend and return on 500 shares - Upstox
ITC, Coal India or Hindustan Zinc: Which stock delivered higher FY26 dividend and return on 500 sharesUpstox
Hindustan Zinc Ltd down for fifth straight session
Hindustan Zinc Ltd is quoting at Rs 629.35, down 0.17% on the day as on 13:19 IST on the NSE. The stock jumped 42.26% in last one year as compared to a 3.93% slide in NIFTY and a 43.84% spurt in the Nifty Metal index.
Hindustan Zinc shares crack 7% in two sessions. What’s behind the sharp slide?
Hindustan Zinc shares fell as silver prices crashed sharply on Multi Commodity Exchange of India. MCX silver plunged over Rs 5,000 per kg in a day and has corrected nearly 13% from recent highs following the government’s import duty hike, amid rising Iran war tensions and fading hopes of a rate cut.
Hindustan Zinc to roll out AI-driven solutions across mining, manufacturing operations
Hindustan Zinc Limited is set to generate two thousand crore rupees in value. This will be achieved by implementing artificial intelligence solutions across its mining and manufacturing operations. The company is collaborating with deep tech startups to enhance production and optimize costs. This strategic move aims to drive smart manufacturing and solidify its position as a leader in the industry.
Hindustan Zinc drops as silver prices slide on inflation concerns
Hindustan Zinc declined 4.12% to Rs 641.55 as silver prices witnessed a sharp correction amid rising inflation concerns and expectations of higher interest rates in the US.
Hindustan Zinc Ltd Falls 2.81%, BSE Metal index Drops 1.03%
Hindustan Zinc Ltd has added 12.05% over last one month compared to 5.98% gain in BSE Metal index and 3.38% drop in the SENSEX
Deven Choksey cautious on jewellery, gold finance and paint stocks
Deven Choksey of DRChoksey Finserv remains cautious on jewellery, gold finance and paint stocks despite strong demand trends. He believes jewellery and gold finance companies are largely fully priced after a strong run and investors should wait for better entry points after meaningful corrections. On paint companies, Choksey expects competitive and cost pressures to remain high for now. He sees potential in selective midcaps such as Tata Technologies and some real estate names. Choksey also sees Hindustan Zinc and Vedanta benefiting from higher silver prices. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.