Hindustan Zinc Hzl

Hindustan Zinc Ltd (HZL) on Friday reported an 11.78 per cent fall in its consolidated net profit at Rs 2,583 crore for the fourth quarter of 2022-23 on account of higher expenses.

Hindustan Zinc (HZL), which is also the sole manufacturer of silver and the largest maker of zinc and lead in the country, is already running four of its 900 mining vehicles on battery on a pilot basis.

As many as six merchant bankers are vying to handle and manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd (HZL), according to an official notice.

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday cleared the government's 29.5 per cent stake sale in Hindustan Zinc Limited

Vedanta has said that it will not undertake any corporate restructuring, including demerger and spin-off, and continue with its existing structure

Two decades after the first NDA government decided to divest stake in Hindustan Zinc Ltd (HZL) to a strategic partner - SOVL, the Supreme Court Thursday ordered the CBI to register a case into the various alleged irregularities.

Through this partnership, Hindustan Zinc aims to reduce carbon emissions, by enabling the mine operations to become more environmental friendly with the help of Normet SmartDrive Vehicles (NSDVs).

The government has demanded dividend from HZL as the partly state-owned mining firm is sitting on surplus cash reserve.

The government, which owns 29.5 percent of HZL, is pushing for a dividend of Rs 10,000-15,000 crore, to be paid by March 31, officials said, speaking on condition of anonymity.

The world's second largest zinc producer wants to expand the production capacity of Lead-Zinc and ore beneficiation at its Zawar Group of underground mines located in Sarada district.

The stock markets edged higher on Monday, with the Sensex 40 points higher and the Nifty trading just above the 8100 level.

In 2002, the government sold 26 per cent stake in HZL for Rs 445 crore to billionaire Anil Agarwal-led Vedanta.

Total income of the firm declined 11% to Rs 3,877.47 crore in July-September quarter of this fiscal year, compared with Rs 4,357.88 crore in the corresponding period a year ago.

The government has no "strategic interest" in holding a minority stake of 29.54 per cent in Hindustan Zinc Ltd (HZL), according to Mines Minister Piyush Goyal.

Shares of Hindustan Zinc (HZL) on Thursday went down by over 3 per cent after the company reported a 47 per cent fall in net profit for the quarter ended June 30.

Hindustan Zinc Ltd (HZL) on Friday reported an 11.78 per cent fall in its consolidated net profit at Rs 2,583 crore for the fourth quarter of 2022-23 on account of higher expenses.

Hindustan Zinc (HZL), which is also the sole manufacturer of silver and the largest maker of zinc and lead in the country, is already running four of its 900 mining vehicles on battery on a pilot basis.

As many as six merchant bankers are vying to handle and manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd (HZL), according to an official notice.

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday cleared the government's 29.5 per cent stake sale in Hindustan Zinc Limited

Vedanta has said that it will not undertake any corporate restructuring, including demerger and spin-off, and continue with its existing structure

Two decades after the first NDA government decided to divest stake in Hindustan Zinc Ltd (HZL) to a strategic partner - SOVL, the Supreme Court Thursday ordered the CBI to register a case into the various alleged irregularities.

Through this partnership, Hindustan Zinc aims to reduce carbon emissions, by enabling the mine operations to become more environmental friendly with the help of Normet SmartDrive Vehicles (NSDVs).

The government has demanded dividend from HZL as the partly state-owned mining firm is sitting on surplus cash reserve.

The government, which owns 29.5 percent of HZL, is pushing for a dividend of Rs 10,000-15,000 crore, to be paid by March 31, officials said, speaking on condition of anonymity.

The world's second largest zinc producer wants to expand the production capacity of Lead-Zinc and ore beneficiation at its Zawar Group of underground mines located in Sarada district.

The stock markets edged higher on Monday, with the Sensex 40 points higher and the Nifty trading just above the 8100 level.

In 2002, the government sold 26 per cent stake in HZL for Rs 445 crore to billionaire Anil Agarwal-led Vedanta.

Total income of the firm declined 11% to Rs 3,877.47 crore in July-September quarter of this fiscal year, compared with Rs 4,357.88 crore in the corresponding period a year ago.

The government has no "strategic interest" in holding a minority stake of 29.54 per cent in Hindustan Zinc Ltd (HZL), according to Mines Minister Piyush Goyal.

Shares of Hindustan Zinc (HZL) on Thursday went down by over 3 per cent after the company reported a 47 per cent fall in net profit for the quarter ended June 30.