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    HINDZINC — Hindustan Zinc News Story

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    India's Hindustan Zinc rises on second-quarter profit surge

    Picture of Hindustan Zinc logoHindustan Zinc
    Yesterday 06:58
    BUZZ-India's Hindustan Zinc rises on second-quarter profit surge
    ** Shares of Hindustan Zinc HZNC.NS climb as much as 4% at 559.85 rupees before trading flat at 537 rupees
    ** The miner reports over twofold surge in second-quarter consol net profit on higher metal prices 
    ** Hindustan Zinc also cut its annual zinc production cost forecast for FY27 to $825 per ton from $975-$1,000 per ton
    ** Zinc production cost forecast cut led by rising output and stronger by-product realisations, CEO Amarendu Prakash says in post-earnings call
    ** Average rating of 13 analysts on stock at "buy"; median PT is 650 rupees, according to LSEG-compiled data
    ** Stock down 0.6%, YTD


     (Reporting by Kashish Tandon in Bengaluru)
     ((Kashish.tandon@thomsonreuters.com))

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