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Zinc Prices

Nippon India AMC Q2 profit surges 47% to Rs 360 cr; Zinc hits 20-month high

Spark Private Wealth Management (PWM) on Thursday said its assets under management (including advisory) has crossed the Rs 25,000 crore mark

Nippon India AMC Q2 profit surges 47% to Rs 360 cr; Zinc hits 20-month high
Updated On : 24 Oct 2024 | 11:38 PM IST

Nifty Metal index hits record high on May 21; what's fuelling the rally?

The surge in the metal index, analysts believe, is largely credited to Vedanta's robust Q4 performance and its first interim dividend declaration of Rs 11 for FY25

Nifty Metal index hits record high on May 21; what's fuelling the rally?
Updated On : 21 May 2024 | 2:25 PM IST

As silver price rally, Hindustan Zinc's plans entry into value-adds

Hindustan Zinc appoints Hugo Schumann as head of silver division to intensify focus on the white metal

As silver price rally, Hindustan Zinc's plans entry into value-adds
Updated On : 23 Apr 2024 | 7:37 PM IST

Vedanta firm Hindustan Zinc becomes 3rd largest silver producer globally

Vedanta group firm Hindustan Zinc on Thursday said it has become the third largest producer of silver globally. As per a survey, its Sindesar Khurd Mine in Rajasthan now stands as the world's second largest silver-producing mine, moving up from last year's fourth spot, the company said in a statement. Silver plays a pivotal role in the global energy transition and Hindustan Zinc's production growth of 5 per cent year-on-year is attributed to increased ore production and enhanced grades, reinforcing its status as a key player in the global silver market, Hindustan Zinc Chairperson Priya Agarwal Hebbar said. Hindustan Zinc, a Vedanta Group company in zinc, lead and silver businesses, is the world's second largest integrated zinc producer and now the third largest silver producer. The company has a market share of 75 per cent of the growing zinc market in India with its headquarters in Udaipur along with zinc, lead mines and smelting complexes spread across Rajasthan.

Vedanta firm Hindustan Zinc becomes 3rd largest silver producer globally
Updated On : 18 Apr 2024 | 4:26 PM IST

Hindustan Zinc Q3 net profit falls to Rs 2,028 cr dragged by lower income

Hindustan Zinc Ltd (HZL) on Friday posted a 6 per cent decline in consolidated net profit to Rs 2,028 crore during the quarter ended December 2023, dragged by lower income. It had clocked Rs 2,156 crore net profit during the October-December period of the preceding 2022-23 fiscal, the company said in an exchange filing. On a quarter-on-quarter basis, the profit grew 17 per cent as against Rs 1,729 crore in the July-September quarter. During the quarter under review, the company's total income reduced to Rs 7,606 crore from Rs 8,214 crore a year ago. Its expenses were Rs 4,937 crore as against Rs 5,028 crore in the year-ago period. Hindustan Zinc is the world's second largest integrated zinc producer and fifth largest silver producer. The Udaipur-based company holds about 80 per cent of the growing zinc market in the country.

Hindustan Zinc Q3 net profit falls to Rs 2,028 cr dragged by lower income
Updated On : 19 Jan 2024 | 4:51 PM IST

Metals head for record; zinc prices spike to 14-year high, shows data

Strains in China are particularly evident, where factory-gate prices rose at the fastest pace in almost 26 years in September

Metals head for record; zinc prices spike to 14-year high, shows data
Updated On : 15 Oct 2021 | 2:33 AM IST

Vedanta says total production at Zinc International rises 62% in Q1

With regard to iron ore business it said that there was no production at Goa due to suspension of mining operations.

Vedanta says total production at Zinc International rises 62% in Q1
Updated On : 13 Jul 2021 | 8:25 PM IST

Industrial wheel still turning amid second Covid wave: Hindustan Zinc CEO

In a Q&A, Arun Mishra talks about the company's focus lowering cost of production amid the ongoing pandemic and likely impact on demand

Industrial wheel still turning amid second Covid wave: Hindustan Zinc CEO
Updated On : 29 Apr 2021 | 8:24 PM IST

Hindustan Zinc Q4 PAT at Rs 2,481 crore, up 85% YoY on higher revenue

Topline stood at Rs 6,725 crore, up 56% from a year ago, on strong zinc, lead and silver sales

Hindustan Zinc Q4 PAT at Rs 2,481 crore, up 85% YoY on higher revenue
Updated On : 27 Apr 2021 | 10:53 PM IST

Base metals stocks shine as supply crunch, EV push lift copper, zinc prices

Shares of firms in this space up 50-198% since November 2020; global demand for copper and aluminium outstrips supply, pushing spot prices higher than futures

Base metals stocks shine as supply crunch, EV push lift copper, zinc prices
Updated On : 22 Feb 2021 | 11:03 PM IST

Improving outlook can bring back shine in Hindustan Zinc

Rebounding zinc and firm silver prices will add to gains from rising production

Improving outlook can bring back shine in Hindustan Zinc
Updated On : 22 Oct 2020 | 1:02 AM IST

Hindustan Zinc charts path as metal production falls in lockdown impact

With volume growth expected to be soft in FY21, higher base metal prices are crucial for upgrades

Hindustan Zinc charts path as metal production falls in lockdown impact
Updated On : 22 Jul 2020 | 7:44 AM IST

Domestic non-ferrous outlook negative as global metal prices crash: Icra

Covid-19 outbreak drags aluminium prices by 16%, zinc by 23%, copper by 20%

Domestic non-ferrous outlook negative as global metal prices crash: Icra
Updated On : 20 Apr 2020 | 2:30 PM IST

Fitch lowers 2019 zinc price to $2,500 a tonne despite strong fundamentals

Ongoing US-China trade war weighing on prices even as production declines by 1.1% y-o-y in Jan-Jun, while consumption grows by 2.3% in the same period

Fitch lowers 2019 zinc price to $2,500 a tonne despite strong fundamentals
Updated On : 17 Sep 2019 | 5:41 PM IST

Zinc up 0.6% on strong global cues

Metal for delivery in September contracts traded higher by 90 paise or 0.60%

Zinc up 0.6% on strong global cues
Updated On : 16 Aug 2016 | 12:13 PM IST

Spot demand lifts zinc futures by 0.41%

Metal for delivery in August edged up by 50 paise, or 0.34%

Spot demand lifts zinc futures by 0.41%
Updated On : 28 Jul 2016 | 12:31 PM IST

Zinc down 0.3% on global cues

Metal for delivery in July contracts shed 45 paise, or 0.30%

Zinc down 0.3% on global cues
Updated On : 20 Jul 2016 | 11:34 AM IST

Zinc up by 0.5% as speculators widen positions

Speculators created fresh positions on pick-up in demand from consuming industries at the spot markets

Zinc up by 0.5% as speculators widen positions
Updated On : 11 Jul 2016 | 12:02 PM IST

Zinc down by 0.4% on weak global cues

Moreover, muted demand from consuming industries in the spot market fuelled the downtrend

Zinc down by 0.4% on weak global cues
Updated On : 27 Jun 2016 | 12:30 PM IST

Zinc down 1.3% on muted demand

Metal for delivery in July traded lower by Rs 1.65 or 1.18%

Zinc down 1.3% on muted demand
Updated On : 14 Jun 2016 | 12:11 PM IST