Hindustan Zinc Share Price Target 2023, 2024, 2025, 2026, 2030
HZL was incorporated in 1966 as a public sector company under the Ministry of Mines, Government of India. In 2002, the Government of India sold a majority stake in the company to Sterlite Industries (India) Limited, which was subsequently acquired by Vedanta Resources Plc in 2003. Since then, HZL has been a subsidiary of Vedanta Limited.
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Hindustan Zinc Limited Overview
HZL is one of the world’s largest integrated zinc-lead producers by volume, and it operates one of the world’s largest zinc-lead-silver mines in Rampura Agucha, Rajasthan, India.
HZL produces zinc, lead, and silver, and its products are used in a variety of industries, including construction, infrastructure, automotive, and electronics. The company’s operations are primarily located in Rajasthan, but it also has a zinc-lead smelter in Chanderiya, Rajasthan, and a silver refinery in Pantnagar, Uttarakhand.
Business Model of Hindustan Zinc
The business model of Hindustan Zinc Limited (HZL) is centered around mining, refining, and selling zinc, lead, and silver. Here are the key elements of HZL’s business model:
- Mining operations: HZL operates five mines in Rajasthan, India, which are primarily focused on extracting zinc, lead, and silver ores. The company employs various mining techniques, including open-pit mining, underground mining, and mechanized mining, to extract these minerals.
- Refining and processing: Once the ores are extracted, they are processed at the company’s facilities to produce refined zinc, lead, and silver. The processing involves several steps, including beneficiation, roasting, and smelting.
- Sales and distribution: HZL sells its products both domestically and internationally. The company has a dedicated marketing team that sells its products to various industries, including construction, automotive, infrastructure, and electronics.
- Sustainability and community development: HZL is committed to sustainable mining and has implemented various initiatives to minimize its environmental impact. The company also operates several community development programs in the areas where it operates, focusing on education, healthcare, and livelihood generation.
- Cost optimization and efficiency: HZL’s business model focuses on cost optimization and efficiency to improve its profitability. The company employs various strategies to optimize its costs, including process improvements, automation, and procurement efficiencies.
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Hindustan Zinc Share Price
Hindustan Zinc Limited (HZL) is listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). The stock is traded under the ticker symbol HINDZINC on both exchanges.
As of March 23, 2023, the stock price of HZL on the NSE was around INR 320.65 per share, Hindustan Zinc Share 52 week high at Rs. 383/- & 52 week low Rs.242/-.
| Company Name | Hindustan Zinc Limited (HZL) |
| Share Name | HINDUSTAN ZINC |
| Founded in | 1966 |
| Headquarters | Udaipur |
| CEO | Arun Mishra |
| Revenue | 30,656 crores INR (US$3.8 billion, 2022) |
| Market Capitalization | ₹1.35 Trillion INR |
| Primary Exchange | NSE, BSE |
| Official Website | Click Here |
Shareholding of Hindustan Zinc Limited
The shareholding pattern of HZL as of December 2022:
- Vedanta Limited – 64.92%
- Life Insurance Corporation of India – 3.96%
- Government of India – 3.77%
- Mutual Funds – 3.59%
- Foreign Portfolio Investors – 2.49%
- State Bank of India – 1.85%
- General Insurance Corporation of India – 1.13%
- Bank of Baroda – 0.91%
- Nippon India Mutual Fund – 0.88%
- Axis Bank – 0.75%
- Others – 16.75%
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Hindustan Zinc Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 350 | 370 |
| 2024 | 380 | 410 |
| 2025 | 420 | 450 |
| 2026 | 460 | 490 |
| 2027 | 500 | 530 |
| 2028 | 540 | 580 |
| 2029 | 590 | 620 |
| 2030 | 630 | 660 |
| 2040 | 900 | 980 |
| 2050 | 1250 | 1320 |
Note:- “That these share price targets for “Hindustan Zinc Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Recent News of Hindustan Zinc Limited company
Here are some recent news items related to Hindustan Zinc Limited:
- Expansion plans: In February 2023, Hindustan Zinc Limited announced that it plans to invest INR 10,000 crores (approx. USD 1.34 billion) over the next few years to expand its mining and smelting operations. The company aims to increase its zinc and lead production capacity by 25% and 30%, respectively.
- Carbon reduction initiatives: In December 2022, Hindustan Zinc Limited announced that it had set a target to reduce its carbon emissions by 50% by 2030. The company plans to achieve this through various initiatives, such as investing in renewable energy, optimizing its processes, and improving energy efficiency.
- Sustainability recognition: In November 2022, Hindustan Zinc Limited was included in the Dow Jones Sustainability Indices (DJSI) World and Emerging Markets for the third consecutive year. The company was recognized for its efforts in areas such as climate strategy, biodiversity conservation, and social responsibility.
- Partnership with government: In September 2022, Hindustan Zinc Limited signed a memorandum of understanding (MoU) with the Government of Rajasthan to collaborate on various initiatives, such as skill development, water conservation, and community development.
- Quarterly financial results: In January 2023, Hindustan Zinc Limited reported its financial results for the third quarter of the financial year 2022-23. The company reported a 34% increase in net profit compared to the same period the previous year, driven by higher production volumes and improved operational efficiencies.
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Hindustan Zinc Share Price Target 2023
In January 2023, Hindustan Zinc Limited announced that it had increased its zinc and silver production by 7% and 10%, respectively, in the third quarter of the financial year 2022-23 compared to the same period the previous year. This was due to improved operational efficiencies and higher recoveries.
Hindustan Zinc share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹350 | ₹370 |
Hindustan Zinc Share Price Target 2024
Hindustan Zinc Limited announced that it had signed an agreement with CleanMax Solar to set up a 20 MW solar power plant in Rajasthan. The project is expected to help the company reduce its carbon footprint and electricity costs.
Hindustan Zinc share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹380 | ₹410 |
Hindustan Zinc Share Price Target 2025
Vedanta Limited, which owns a majority stake in Hindustan Zinc Limited, announced that it had invested INR 5,700 crores (approx. USD 765 million) in the company to fund its growth initiatives and strengthen its balance sheet.
Hindustan Zinc share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹420 | ₹450 |
Hindustan Zinc Share Price Target 2026
HZL is committed to sustainable mining and has implemented various initiatives to minimize its environmental impact. It also operates several community development programs in the areas where it operates, focusing on education, healthcare, and livelihood generation.
Hindustan Zinc share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹460 | ₹490 |
Hindustan Zinc Share Price Target 2027
HZL produces zinc, lead, and silver, which are used in a variety of industries. Zinc is used primarily in galvanizing steel, while lead is used in batteries and construction. Silver is used in various industries, including electronics, jewelry, and healthcare. HZL’s products are sold both domestically and internationally, with exports accounting for around 50% of its total sales.
Hindustan Zinc share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹500 | ₹530 |
Hindustan Zinc Share Price Target 2030
HZL is committed to sustainable mining and has implemented various initiatives to minimize its environmental impact. These include the use of solar power for its operations, water conservation measures, and biodiversity conservation programs. The company has also set a target to reduce its greenhouse gas emissions by 25% by 2025. In addition, HZL operates several community development programs in the areas where it operates, focusing on education, healthcare, and livelihood generation.
Hindustan Zinc share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹630 | ₹660 |
Annual Result Summary of Hindustan Zinc Limited
Here is a summary of Hindustan Zinc Limited’s (HZL) annual financial results for the financial year 2020-21:
- Revenue: HZL reported a total revenue of INR 22,605 crores (approx. USD 3 billion), an increase of 29% compared to the previous year. This was mainly due to higher metal prices and higher sales volumes.
- Profitability: The company reported a net profit of INR 9,964 crores (approx. USD 1.3 billion), an increase of 53% compared to the previous year. This was due to higher metal prices and higher sales volumes, as well as cost optimization efforts.
- Production volumes: HZL produced 894,000 tonnes of mined metal during the year, an increase of 10% compared to the previous year. The company also produced 196 tonnes of silver during the year.
- Sales volumes: HZL sold 904,000 tonnes of mined metal during the year, an increase of 16% compared to the previous year. The company also sold 184 tonnes of silver during the year.
- Capital expenditure: HZL’s total capital expenditure for the year was INR 3,216 crores (approx. USD 430 million). This was primarily spent on mine development and expansion projects.
- Debt and cash position: HZL’s net debt decreased by 45% compared to the previous year, and the company had a cash balance of INR 15,400 crores (approx. USD 2 billion) as of March 31, 2021.
Future of Hindustan Zinc Share
The future of Hindustan Zinc Limited appears to be positive based on its strategic initiatives, market trends, and growth potential. Here are some factors that could shape the company’s future:
- Expansion plans: Hindustan Zinc Limited has announced plans to invest INR 10,000 crores (approx. USD 1.34 billion) to expand its mining and smelting operations. This is expected to increase its production capacity and strengthen its position in the global zinc and lead markets.
- Sustainability initiatives: The company has set a target to reduce its carbon emissions by 50% by 2030 and has been recognized for its sustainability efforts. This focus on sustainability is likely to help the company attract socially responsible investors and customers.
- Favorable industry trends: The global demand for zinc and lead is expected to grow in the coming years due to their use in various industries such as construction, automotive, and electronics. This is likely to drive the company’s revenue and earnings growth.
- Strong financial performance: Hindustan Zinc Limited has consistently reported strong financial performance, with increasing revenue and profits over the past few years. The company has also maintained a healthy balance sheet and has a low debt-to-equity ratio.
- Government support: The Government of India has announced various initiatives to support the mining sector, including reforms in the mining and exploration policies, and the opening up of new mineral blocks for exploration. This is expected to benefit Hindustan Zinc Limited in terms of access to new resources and favorable regulatory environment.
Risk of Hindustan Zinc Limited Share
Here are some key risks to consider to buy Hindustan Zinc Share:
- Commodity price risk: The prices of zinc and lead are subject to fluctuations due to various factors such as supply and demand, geopolitical tensions, and global economic conditions. Any significant decline in prices could have a negative impact on the company’s revenue and profitability.
- Regulatory risk: Hindustan Zinc Limited operates in a heavily regulated industry and is subject to various laws and regulations related to mining, environmental protection, and safety. Changes in regulations or failure to comply with existing regulations could result in fines, penalties, or production disruptions.
- Operational risk: The company’s mining and smelting operations are complex and involve various risks such as accidents, equipment failures, and natural disasters. Any disruption to production could have a negative impact on the company’s financial performance.
- Currency risk: Hindustan Zinc Limited exports a significant portion of its production and is exposed to foreign exchange rate fluctuations. Any significant depreciation in the value of the Indian rupee against major currencies could impact the company’s revenue and profitability.
- Social and environmental risk: Mining operations have the potential to impact local communities and the environment. Any negative impact on the environment or local communities could result in reputational damage or regulatory action against the company.
FAQs
Yes, HZL has consistently been one of the most profitable companies in India. In the financial year 2020-21, the company reported a revenue of INR 22,605 crores (approx. USD 3 billion) and a net profit of INR 9,964 crores (approx. USD 1.3 billion). The company has a market capitalization of around USD 15 billion as of March 2023 but before investing check company financial & News.
Share Price of Hindustan Zinc in 2023 forecast is approx Rs. 350 to Rs.380/-
Share Price of Hindustan Zinc in 2023 is approx Rs. 420 to Rs.450/-
Dividend history of Hindustan Zinc Limited:
In the financial year 2016-17, the company declared a dividend of Rs. 27.50 per share.
In the financial year 2017-18, the company declared a dividend of Rs. 20.70 per share.
In the financial year 2018-19, the company declared a dividend of Rs. 21.20 per share.
In the financial year 2019-20, the company declared a dividend of Rs. 21.30 per share.
In the financial year 2020-21, the company declared a dividend of Rs. 21.30 per share.
