Hindustan Zinc Ltd is one of India’s largest and most established mining companies, known for producing zinc, lead, and silver. As a subsidiary of Vedanta Limited, Hindustan Zinc plays a significant role in the global zinc market, contributing to essential industries like construction, automotive, and infrastructure. Hindustan Zinc Share Price on NSE as of 28 October 2024 is 526.50 INR. Here will provide you more details on Hindustan Zinc Share Price Target 2024, 2025, 2026 to 2030.Â
Hindustan Zinc Ltd: Market Overview
- Open Price: ₹515.50
- High Price: ₹529.50
- Low Price: ₹512.00
- Previous Close: ₹510.05
- Volume: 1,853,445
- Value (Lacs): ₹9,761.17
- VWAP: ₹522.67
- UC Limit: ₹561.05
- LC Limit: ₹459.05
- P/E ratio: 25.48
- Div yield: 6.65%
- 52-wk high: ₹807.70
- 52-wk low: ₹284.60
- Mkt cap: ₹2.23LCr
- Face Value: ₹2
Hindustan Zinc Ltd Competitors
Here are four major competitor companies of Hindustan Zinc Ltd, along with their approximate market capitalizations:
- Vedanta Limited – Known for its diversified mining and metals operations in zinc, copper, iron ore, and aluminum, Vedanta has a market capitalization of around ₹1.2 lakh crore.
- National Aluminium Company Ltd (NALCO) – A leading producer of aluminum and bauxite in India, with a market cap of approximately ₹20,000 crore.
- MOIL Limited – India’s largest producer of manganese ore, primarily serving the steel industry, with a market capitalization close to ₹6,500 crore.
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Coal India Limited – The largest coal-producing company in the world, which plays a crucial role in India’s mining sector, with a market cap of around ₹1.2 lakh crore.
Hindustan Zinc Share Price Chart
Hindustan Zinc Share Price Target Tomorrow 2024 To 2030
Hindustan Zinc Share Price Target Years | Share Price Target |
2024 | 720 INR |
2025 | 870 INR |
2026 | 945 INR |
2027 | 1130 INT |
2028 | 1227 INR |
2029 | 1329 INR |
2030 | 1450 INR |
Hindustan Zinc Share Price Target 2024
Hindustan Zinc share price target 2024 Expected target could be 720 INR. Here are three key factors that could affect Hindustan Zinc’s share price growth target for 2024:
- Global Zinc Demand and Pricing: As one of the world’s top zinc producers, Hindustan Zinc’s growth heavily relies on global zinc demand and prices. Strong demand from sectors like construction and automotive could drive higher revenues, while any price declines might limit growth.
- Production Efficiency and Expansion: Improvements in production efficiency and potential expansion plans could boost output, reducing costs per unit and improving profit margins. Timely completion of new projects or operational upgrades can further strengthen growth prospects.
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Regulatory and Environmental Compliance: Mining operations are often subject to strict environmental and regulatory standards. Adhering to these requirements without incurring excessive costs will be crucial. Any delays or issues in compliance could impact operations, potentially affecting revenue and share price stability.
Hindustan Zinc Share Price Target 2025
Hindustan Zinc share price target 2025 Expected target could be 870 INR. Here are three potential risks and challenges for Hindustan Zinc’s share price target in 2025:
- Fluctuating Commodity Prices: Zinc prices are subject to global market fluctuations driven by economic conditions and demand shifts, especially from China and other industrial markets. A drop in zinc prices could significantly impact Hindustan Zinc’s revenue and profitability, challenging growth targets.
- Environmental and Regulatory Pressure: Increasing regulatory and environmental standards in mining could lead to higher operational costs and potential delays. Stricter regulations could impact production rates or require expensive adjustments to meet compliance standards.
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Dependence on a Single Commodity: Hindustan Zinc’s heavy reliance on zinc makes it vulnerable to market changes in this one commodity. If demand for zinc drops or competing materials become more popular, the company’s revenue stream could be adversely affected, impacting stock performance.
Hindustan Zinc Share Price Target 2030
Hindustan Zinc share price target 2030 Expected target could be 1450 INR. Here are three risks and challenges that could impact Hindustan Zinc’s share price target by 2030:
- Long-Term Environmental Regulations: As environmental concerns grow, mining operations face the prospect of stricter regulations related to carbon emissions, waste management, and biodiversity protection. Meeting these standards may require large investments in technology and sustainable practices, potentially impacting profitability.
- Depleting Ore Reserves: Mining companies are inherently limited by the availability of natural resources. If Hindustan Zinc encounters difficulties in discovering or acquiring new reserves, it could face higher costs to extract lower-grade ores, thereby affecting output and financial performance.
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Global Market Volatility and Demand Shifts: By 2030, global economic dynamics may shift with changes in industrial demand, particularly in emerging markets. Additionally, if industries move toward alternative materials over zinc, Hindustan Zinc’s core market could shrink, impacting revenue stability and share value.
Hindustan Zinc Ltd Shareholding Pattern
- Promoters: 63.42%
- FII: 1.01%
- DII: 3.12%
- Public: 32.45%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: https://www.hzlindia.com/
Hindustan Zinc Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 282.80B | -15.60% |
Operating expense | 92.45B | -0.94% |
Net income | 77.59B | -26.18% |
Net profit margin | 27.44 | -12.53% |
Earnings per share | 18.43 | -25.98% |
EBITDA | 137.92B | -21.86% |
Effective tax rate | 24.72% | — |
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