Hindustan Zinc Share Price Target – The stock prices of Hindustan Zinc Ltd., a company that is listed on stock exchanges, have generally been rising. There have been a few instances where the stock prices have decreased, but these have been covered up over time by the firm’s earnings. The increased demand for the shares causes the stocks to be completely subscribed, giving the corporation a respectable amount of share capital. One of the factors that helps the business become lucrative is its consistent and steady profit growth over time.
What Is Hindustan Zinc?
Established in 1966, Hindustan Zinc Limited is a mining and production company focused on producing zinc, cadmium, lead, and silver. The Indian government formerly owned Hindustan Zinc. Hindustan Zinc was sold to Vedanta Limited later in 2003. Hindustan Zinc is currently a VEDL subsidiary. Hindustan Zinc’s main office is located in Udaipur. Hindustan Zinc is the operator of several mines, including the Sindesar Khurd mine, the Rampura Agucha mine, and the Zawar and Kayad mines.
Overview of Hindustan Zinc Share Price
The largest zinc-lead miner in India and the second-biggest globally is Hindustan Zinc. Having been in business for more than 50 years, our priorities include safeguarding human safety and conserving the limited natural resources by employing cutting-edge research and technology.We have mineral resources of 305.6 million MT, sufficient to run the mine for the next 25 years, in addition to a reserve base of 105.7 million MT with an average zinc-lead grade of 10.5%.
| Market Cap | ₹ 2,75,681 Cr. |
| Current Price | ₹ 511.90 |
| High / Low | ₹ 807 / 284 |
| Stock P/E | 35.5 |
| Book Value | ₹ 36.0 |
| Dividend Yield | 1.96 % |
| ROCE | 46.2 % |
| ROE | 55.2 % |
| Face Value | ₹ 2.00 |
Hindustan Zinc Share Price Target 2024 To 2030
Hindustan Zinc stocks have steadily increased throughout the years. Here’s a summary of the historical standard performance.
| Year | Share Price Target |
| 2024 | 719 INR |
| 2025 | 880 INR |
| 2026 | 950 INR |
| 2027 | 1129 INT |
| 2028 | 1220 INR |
| 2029 | 1325 INR |
| 2030 | 1446 INR |
How to purchase Hindustan Zinc Share Price
Hindustan Zinc shares are available for purchase through a variety of trading platforms, including Zerodha, Upstox, Groww, and Angel One.
Peer Companies of Hindustan Zinc
Hindustan Zinc faces competition from a number of notable companies in the hinc leading minor market, including:
- Grasim Industries
- Pidilite Industries
- Hindalco Industries
- Vedanta Resources
- Bharat Wire rop
Investor Type & Ratios for Hindustan Zinc Share
| Promoters | 64.92 % |
| Retail and Others | 31.42 % |
| Other Domestic Institutions | 2.93 % |
| Foreign Institutions | 0.69 % |
| Mutual Funds | 0.04 % |
With a longer history of being listed on stock exchanges, Hindustan Zinc Ltd. has experienced an increase in share price, which has led to an improvement in the company’s performance over time. The decline in share prices is often observed since it might be offset by the company’s profits. Due to the strong demand for the company’s shares, almost all of them were subscribed for, increasing the company’s share capital.
FAQs
What is Hindustan ZINC analyst rating?
Over the last three months, 11 analysts have provided their ratings for HINDZINC shares. The majority of them supported the strong sell trend, and the overall rating was determined to be sell after accounting for various viewpoints.
