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HZL News

23 Mar 2017

Hindustan Zinc makes highest dividend payout

Vedanta Group firm Hindustan Zinc (HZL) on Wednesday announced a special dividend of Rs 13,985 crore for 2016-17, taking the aggregate amount paid by it for the fiscal to Rs 27,157 crore, the largest such payout by any company in the country.

31 Mar 2016

Hindustan Zinc jumps 14% after declaring highest ever dividend

Shares of Hindustan Zinc surged up to 14 percent today after the company announced that it will pay highest ever dividend of Rs 10,141 crore, including Rs 3,000 crore to the government, to its shareholders for the 2015-16 fiscal.

Hindustan Zinc Ltd

21 Jan 2016

Hindustan Zinc's Q3 net slides 24%, Q4 output seen muted

Hindustan Zinc Ltd (HZL) Thursday reported a 24 percent decline in net profit at Rs 1,811 crore for the December quarter, hurt mainly by higher expenses and subdued prices.

Hindustan Zinc Ltd

20 Jul 2015

Hind Zinc Q1 Net up 19% to Rs1921 cr; mineral production up 42%

Vedanta Group firm Hindustan Zinc Ltd (HZL) Monday reported a 19 percent growth in its net profit at Rs 1,921 crore for the first quarter ended June 30, 2015, helped by higher volume and rupee depreciation.

16 Jun 2015

HZL sees global zinc demand firming up 4-5% annually

The firm, in which billionaire Anil Agarwal-led Vedanta has a majority stake, added that closure of zinc mines across the world has led to a stronger price outlook for the metal in the medium term.

Hindustan Zinc Limited

19 Jan 2015

Hindustan Zinc Q3 net profit up 38% at Rs 2,379 crore

Hindustan Zinc Monday clocked a 38 percent rise in net profit in the October-December quarter at Rs 2,379 crore on higher zinc, lead and silver sales.

Vedanta Resources

14 Jan 2015

Vedanta chief Agarwal expects to buy HZL, BALCO stakes soon

Banking on Modi government's determination to go ahead with disinvestment drive, Vedanta Resources chief Anil Agarwal said the company expects to pick up residual stakes in Hindustan Zinc and BALCO at "market driven value" soon.

05 Nov 2014

HZL's Akhilesh Joshi appointed as IZA Vice Chairman

Hindustan Zinc today said its CEO Akhilesh Joshi has been appointed as the Vice Chairman of the Brussels-based International Zinc Association (IZA).

Hindustan Zinc Ltd

21 Oct 2014

Hindustan Zinc disinvestment probe referred to AG

CBI has referred to the Attorney General its findings in the inquiry related to alleged irregularities in the disinvestment of Hindustan Zinc Ltd (HZL) during the period of NDA government in 2002, sources in the investigating agency said Tuesday.

09 Sep 2014

Vedanta big contender for govt's residual stake in HZL: Agarwal

Vedanta group, which holds majority stake in Hindustan Zinc Ltd, Tuesday said it would bid for the government's residual stake in HZL and is a "big contender" for it.

18 Jun 2014

PIL filed in SC for scrapping HZL-Vedanta deal of 2002

Twelve years after the government sold its stake in Hindustan Zinc Ltd (HZL) to Vedanta group during the previous NDA rule, a PIL has been filed Wednesday in the Supreme Court seeking quashing of the deal.

Hindustan Zinc Limted

16 Jun 2014

Govt likely to sell HZL stake via OFS; may fetch Rs 20,000 cr

The government is likely to sell its residual stake in Hindustan Zinc for an estimated Rs 20,000 crore through an Offer For Sale, and is in final stages of discussion with market regulator SEBI for changes in the OFS norms.

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