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11 stories mentioning NSE:HINDZINC

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Asia

Indian Equities End Mixed on Wednesday as Geopolitical Tensions Keep Investors Cautious

Indian benchmark indices finished on a mixed note on Wednesday after giving up much of their intraday gains, as rising geopolitical tensions and higher crude oil prices curbed investor appetite for risk.The BSE Sensex gained 64.42 points, or 0.1%, to close at 73,983.18, while the NSE Nifty 50 fell 27.15 points, or also 0.1%, to settle at 23,214.95.Market volatility remained elevated as investors reacted to renewed hostilities between the United States and Iran. Reports of missile and drone attacks on U.S. military bases in the region heightened concerns over a broader escalation, prompting caution across Asian markets.Crude oil prices rose about 1% during the session, adding to worries about inflationary pressures and the potential impact on India's import bill.In corporate developments, NTPC Green Energy (NSE:NTPCGREEN, BOM:544289) said its wholly owned subsidiary, NTPC Renewable Energy, will develop a 250 MW solar power project integrated with a battery energy storage system in Uttar Pradesh. The project will supply power to defense establishments in the state.Hindustan Zinc (NSE:HINDZINC, BOM:500188) signed a memorandum of understanding with Sulfozyme Agro India under its Zinc Industrial Park initiative in Rajasthan. The agreement aims to support the processing of zinc-based materials into value-added products.

^BSENifty 50BOM:500188BOM:544289NSE:HINDZINCNSE:NTPCGREEN
Asia

Hindustan Zinc Signs MoU with Sulfozyme Agro for Zinc Industrial Park Project

Hindustan Zinc (NSE:HINDZINC, BOM:500188) has signed a memorandum of understanding with Sulfozyme Agro India under its Zinc Industrial Park initiative in Bhilwara, Rajasthan, according to an Indian bourse filing on Wednesday.Under the agreement, Sulfozyme Agro plans to set up operations at the industrial park to process "zinc-based materials into value-added products for industrial and downstream applications," the filing said.Hindustan Zinc will provide raw material linkages and support for supply chain and manufacturing operations within the industrial park ecosystem, the company said.

BOM:500188NSE:HINDZINC
Asia

Indian Equities Extend Losses on Monday as Middle East Tensions Trigger Risk-Off Mood

Indian benchmark indices ended sharply lower on Monday, extending their decline for a second consecutive session as escalating tensions in the Middle East and rising crude oil prices weighed on investor sentiment.The BSE Sensex dropped 719.08 points, or 1%, to close at 73,524.26, while the NSE Nifty 50 fell 243.70 points, or also 1%, to settle at 23,123.00.The selloff mirrored weakness across Asian markets and followed declines in U.S. equities on Friday.Market participants remained focused on developments in the Middle East after fresh military action between Israel and Iran heightened concerns about a broader regional conflict.Crude oil prices moved higher as investors assessed the potential impact of the conflict on energy supplies. The renewed hostilities also dampened expectations for a near-term resumption of oil flows through the Strait of Hormuz.In corporate developments, Ritco Logistics (NSE:RITCO, BOM:542383) said it secured transportation contracts worth about 100.7 million rupees in May, including orders valued at 93 million rupees from its polymer and public sector undertaking segment.Separately, Hindustan Zinc (NSE:HINDZINC, BOM:500188) announced plans for a 250-hectare ecological restoration project at its Chanderiya Lead Zinc Smelter Complex in Rajasthan under a memorandum of understanding with the Energy and Resources Institute, according to a filing.

^BSENifty 50BOM:500188BOM:542383NSE:HINDZINCNSE:RITCO
Asia

Hindustan Zinc Signs MoU for Ecological Restoration Project in Rajasthan, India

Hindustan Zinc (NSE:HINDZINC, BOM:500188) is planning a 250-hectare ecological restoration project at its Chanderiya Lead Zinc Smelter Complex in Chittorgarh, Rajasthan, according to a Saturday filing on Indian bourses.Shares of the company fell over 1% in Monday's trade.The memorandum of understanding with the Energy and Resources Institute involves restoration of industrial land into a biodiverse ecosystem, with the zinc and silver producer saying that the site will become the biggest green cover area within industrial premises.

BOM:500188NSE:HINDZINC
Asia

Hindustan Zinc Signs MoU for New Ecological Restoration Project in Rajasthan, India

Zinc producer Hindustan Zinc (NSE:HINDZINC, BOM:500188) has signed a memorandum of understanding with The Energy and Resources Institute (TERI) to develop a 250-hectare ecological restoration project in Rajasthan, India, according to a Saturday filing to the Indian stock exchanges.The project will be located at Hindustan Zinc's Chanderiya lead zinc smelter complex in the Chittorgarh district of Rajasthan.The company has already restored 22.25 hectares of industrial wasteland at the Jarofix yard of the Chanderiya lead zinc smelter complex using TERI's Mycorrhiza technology.

BOM:500188NSE:HINDZINC
Asia

Market Chatter: Indian Government Eyes Up To 2% Stake Sale in Hindustan Zinc

The Indian government is said to be looking to offload around 2% stake in Hindustan Zinc (NSE:HINDZINC, BOM:500188), which could fetch up to 50 billion Indian rupees, according to a Bloomberg News report on Friday, citing sources.The Department of Investment and Public Asset Management, under the finance ministry, is planning to launch the stake sale process either this month or in July, the sources told the news agency.ICICI Securities, Axis Capital, IIFL Capital Services, and HDFC Securities are advising the government on the transaction, the report said.The government had previously sold a 1.6% stake in Hindustan Zinc in November 2025 for about 35 billion rupees at the time.As of March 31, the government held a 27.9% stake in Hindustan Zinc, while its parent company Vedanta (NSE:VEDL, BOM:500295) owned a 60.7% stake.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

BOM:500188BOM:500295NSE:HINDZINCNSE:VEDL
Asia

Vedanta, Hindustan Zinc Confirm Raids Over Alleged Foreign Exchange Violations

Mining and exploration company Vedanta (NSE:VEDL, BOM:500295) confirmed the raids conducted by India's Enforcement Directorate at its offices along with those of its subsidiary Hindustan Zinc (NSE:HINDZINC, BOM:500188), according to a Tuesday filing to the Indian stock exchanges.Vedanta said it is "extending its full co-operation to the authorities and providing all information sought," adding that it will make any required disclosures as and when needed.Media reports on Tuesday indicated that the searches at Vedanta's offices were being conducted in relation to alleged violations of the Foreign Exchange Management Act (FEMA) rules regarding royalty payments made by the company to its parent, Vedanta Resources.

BOM:500188BOM:500295NSE:HINDZINCNSE:VEDL
Asia

Hindustan Zinc Appoints CFO, Extends CEO Tenure

Hindustan Zinc (NSE:HINDZINC, BOM:500188) appointed Amit Gupta as chief financial officer and key managerial personnel, effective June 1, according to an Indian bourse filing on Friday.Shares of the company fell nearly 1% in Monday's trade.The board also approved a two-month extension of the tenure of Arun Misra as chief executive officer and whole-time director from June 1 to July 31, 2026, subject to shareholder approval, the filing said.

BOM:500188NSE:HINDZINC
Asia

Hindustan Zinc CFO Resigns

Hindustan Zinc's (NSE:HINDZINC, BOM:500188) chief financial officer, Sandeep Modi, has resigned to pursue opportunities outside the company, according to a Monday filing on Indian bourses.The resignation will be effective May 30, the filing said.

BOM:500188NSE:HINDZINC
Research

IIFL Upgrades Hindustan Zinc to Buy from Add; Price Target is INR722

Hindustan Zinc (NSE:HINDZINC, BOM:500188) has an average rating of overweight and mean price target of 664.44 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:500188NSE:HINDZINC
Asia

Hindustan Zinc Posts Gains in Fiscal Q4 Consolidated Net Profit; Shares Up 5%

Hindustan Zinc (NSE:HINDZINC, BOM:500188) recorded a rise in its consolidated net profit to 50.3 billion Indian rupees in the fiscal fourth quarter ended March 31, against 30.0 billion rupees a year ago.Earnings per share climbed to 11.91 rupees compared with the year-ago figure of 7.11 rupees, according to a Friday filing to the Indian stock exchanges by the zinc manufacturer.The company's shares were up nearly 5% in Monday's trade.Total revenue from operations in fiscal Q4 also jumped to 135.4 billion rupees from 90.9 billion rupees a year earlier.Additionally, the company announced first interim dividend of 11 rupees per share for the financial year 2026-27, payable to shareholders of record on April 30.

BOM:500188NSE:HINDZINC