India's Hindustan Zinc rises on Q4 profit jump

Hindustan Zinc

27/04/2026 08:05

** Hindustan Zinc HZNC.NS jumps 5.54% to 621.10 rupees; top gainer on Nifty Metal .NIFTYMET, which is up 1.45%

** Co reports 67.6% y/y jump in Q4 consol net profit, driven by higher metal prices, stronger production; revenue up 49% y/y

** BofA ("underperform"; lifts PT to 530 rupees from 520 rupees) raises FY27-28 earnings estimates by 2%-3%

** About 11.2 mln shares traded vs 30-day avg of 6.2 mln

** Stock rated "hold" on average; median PT is 653 rupees, per data compiled by LSEG

** YTD, HZNC up ~0.8%, NIFTYMET rises ~16%

 (Reporting by Bipasha Dey in Bengaluru)

 ((Bipasha.Dey@thomsonreuters.com;))