Hindustan Zinc Ltd. traded at 622.50 this Wednesday August 26th, increasing 29.90 or 5.05 percent since the previous trading session. Looking back, over the last four weeks, Hindustan Zinc gained 17.53 percent. Over the last 12 months, its price rose by 47.20 percent. Looking ahead, we forecast Hindustan Zinc Ltd. to be priced at 581.57 by the end of this quarter and at 543.36 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hindustan Zinc Limited is an India-based company, which is engaged in exploring, extracting, processing of minerals and manufacturing of metals. The Company operates through two segments: Zinc, Lead, Silver & others, and Wind energy. The Company''s operations include five zinc-lead mines, four zinc smelters, one lead smelter, one zinc-lead smelter, eight sulfuric acid plants, one silver refinery plant, six captive thermal power plants and four captive solar plants in the state of Rajasthan. Its mines include Rampura Agucha, Sindesar Khurd, Rajpura Dariba, Zawar and Kayad. The Rampura Agucha Mines hosts India''s premier zinc-lead deposit. In addition, the Company also has a rock-phosphate mine in Matoon, near Udaipur in Rajasthan and zinc, lead, silver processing and refining facilities in the state of Uttarakhand. It also has wind power plants in the states of Rajasthan, Gujarat, Karnataka, Tamil Nadu and Maharashtra and solar power plants in the state of Rajasthan.