Hindustan Zinc shares surge 2.35% on water sustainability milestone, dividend announcement

BL Mumbai Bureau Updated - June 10, 2025 at 03:17 PM.

The rally follows the company’s announcement on World Environment Day that it has achieved a 3.32 times water positive status, up from its previously certified index of 2.41

Hindustan Zinc Limited shares gained 2.35 per cent to ₹537.35 on Tuesday, marking a strong performance amid positive corporate developments. The stock opened at ₹530 and touched a high of ₹546.80 during the trading session, significantly outpacing its previous close of ₹525.

The rally follows the company’s announcement on World Environment Day that it has achieved a 3.32 times water positive status, up from its previously certified index of 2.41. The milestone, independently verified by DNV Business Assurance India, demonstrates enhanced water stewardship in Rajasthan’s water-stressed region.

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Additionally, market sentiment received a boost from the company’s dividend intimation filed on June 6. The board will meet on June 11 to consider the first interim dividend for FY2025-26, with the record date fixed for June 17. The trading window for designated persons will remain closed from June 9-13.

Hindustan Zinc also unveiled ambitious 2030 sustainability goals, including a commitment to reduce freshwater consumption by 50 per cent from 2020 baseline levels. The company recently inaugurated a 4,000 kilolitres per day Zero Liquid Discharge plant at Rampura Agucha.

As India’s only integrated zinc producer and among the world’s top five silver producers, Hindustan Zinc holds approximately 77 per cent market share in India’s primary zinc market. The company has been recognized as the world’s most sustainable metals and mining company by S&P Global Corporate Sustainability Assessment for two consecutive years.

Published on June 10, 2025 07:59

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