Archive · 18 Jun 2025
Hindustan Zinc Shares Fall, But Analysts Predict Upside
Hindustan Zinc's stock price went down, but some financial experts think it will go up.
The company's owners sold some of their shares.
However, the company plans to spend a lot of money to make more metal.
The financial experts think the company will grow and their stocks are worth buying.
This is because the company is expanding its zinc production and silver refining.
Hindustan Zinc's share price fell nearly 6% after promoters sold shares.
Promoters reportedly sold shares worth ₹7,500 crore in a block deal.
JM Financial maintains a Buy rating, with a 13% upside potential.
Hindustan Zinc plans a ₹12,000 crore capex for expansion, including a new metal complex.
Expansion is expected to boost zinc smelting capacity and silver refining output.
- Who
- Hindustan Zinc (HZL) and JM Financial.
- What
- Hindustan Zinc's stock price fell due to share sales and a new capex plan.
- When
- Expansion is expected to be completed within 36 months.
- Where
- Expansion includes a new metal complex in Debari, Rajasthan.
- Why
- Share price drop due to promoter sales; JM Financial sees growth potential due to expansion and increased silver refining.
Market Reaction
JM Financial Analysis
Share Price Performance
Market Reaction
Share price declined due to promoter share sales.
JM Financial Analysis
JM Financial maintains a Buy rating with potential upside.
- Share Price Drop
- Nearly 6%
- Promoter Share Sale
- ₹7,500 crore
- Capex Investment
- ₹12,000 crore
- Smelting Capacity (Current)
- 1129 ktpa
- Smelting Capacity (Post Expansion)
- 1379 ktpa
- Silver Refining Capacity
- 830ktpa
- JM Financial Target Price
- ₹550 per share
Sources
Hindustan Zinc ignites ₹12,000 cr expansion surge to cash in on India’s Zinc Rush
Vedanta to trim Hindustan Zinc stake via Rs 7,500 cr block deal amid capex push
Hindustan Zinc approves Rs12,000 cr investment to boost capacity, set up new smelter in Rajasthan
Hindustan Zinc promoter Vedanta to sell shares worth Rs 7500 crore: Report
Hindustan Zinc to invest Rs 12,000-crore in 3 years
Vedanta to sell 1.6% stake in Hindustan Zinc; ₹12,000 cr expansion plan unveiled
₹ 12,000 crore expansion to help Hindustan Zinc pare cost, more expansion soon: CEO Arun Misra
Hindustan Zinc plans to invest Rs 12,000 crore to double its production capacity - Telegraph India
