Hindustan Zinc Ltd

One order is for setting up a fertiliser plant for Vedanta Ltd’s subsidiary, Hindustan Zinc, on EPC basis

The dividend payout will lead to a cash outgo of ₹7,621 crore

Hindustan Zinc share price can rally to ₹350-355 over the next three-four weeks

Vedanta Resources, the UK arm, has debt maturities of more than $5 billion in next two fiscals

Vedanta’s statement comes in the wake of news report which said that mining mogul Anil Agarwal is contemplating a stake sale in the company as a last-resort option

Buzzing stocks: Hindustan Zinc, Tata Power, Indian Oil Corporation, Lyka Labs, Lupin, J Kumar Infraprojects, Pidilite Industries, HG Infra, BL Kashyap, Compucom Software, Sharda Motor

The interim dividend is 1,300 per cent of the face value of each paid up equity share of ₹2 each, amounting to ₹10,985.83 crore

Piling on. Group’s net debt, after adjusting $3.5-b cash component, stands at $11.8 billion

We are looking at overseas mines which will give us a strong foothold - reserve-wise and market-wise, says HZL chief

Asks the company to explore ‘other cashless methods of acquisition of assets’

The proposed transaction is an attractive opportunity for Hindustan Zinc to grow and increase its foothold overseas, said the company

Geojit Financial