Anil Agarwal’s Vedanta pledges nearly entire stake in Hindustan Zinc
The metal and mining major pledged 13.94 crore shares or 3.3% stake in its subsidiary Hindustan Zinc on May 22 in favour of Axis Trustee Services
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Vedanta declares 5th interim dividend of ₹20.5; stock rises 1%
With the fifth dividend, Vedanta’s total outgo for the current fiscal will be ₹101.5 per share, which amount to ₹37,730 crore, the highest ever by the company.
Hindustan Zinc declares fourth dividend of ₹26; share surges 5%
The Vedanta-backed metal company has declared an equity dividend amounting to ₹49.50 per share in the past 12 months
Vedanta shares plunge 9%; here’s why
The market capitalisation of the Anil Agarwal-led company slipped below ₹1 lakh crore marks amid continued fall in Vedanta shares for the last eight sessions.
India zinc demand to outpace global growth on infra push
The demand will be triggered by the consumption of galvanised steel that will be needed for highways and high speed rail projects, says Arun Misra, CEO, Hindustan Zinc.
Vedanta Q3 profit tanks 42% to ₹3,092 cr
Vedanta board approves the fourth interim dividend of ₹12.50 per equity share for FY23 amounting to ₹4,647 crore.
Vedanta to sell South Africa, Namibia mining units to Hindustan Zinc; stock surges
The company’s board approved the sale of the Zinc International business held by THL Zinc Ventures Ltd (THLZV), which is a wholly-owned subsidiary of Vedanta.
Hindustan Zinc cheers investors with dividend; stock rises 2%
The Vedanta Group company has declared its second dividend of ₹15.50 a share, or 775%, for FY23, amounting to ₹6,549.24 crore.
Hindustan Zinc Q1 profit up 56% to ₹3,093 cr on higher LME prices
The Hindustan Zinc stock rallies 1.43% to ₹283 while touching an intraday high of ₹286.75
Hindustan Zinc share rises 3% on cabinet nod for stake sale
The sale of the government’s entire 29.5% stake in Hindustan Zinc would fetch ₹38,062 crore to the exchequer as per the company’s closing price on Wednesday.
