Hind Zinc goes 'green'!
By
Research Desk
about 7 years ago
There was a report in one of the business newspapers yesterday which stated that Hindustan Zinc had received the Environmental Clearance (EC) for its Rs.1200 crore project at Zawar. The stock exchanges had asked the company for clarification on the news, which the company went on to confirm.
The project at Zawar in Rajasthan is for expanding its lead-zinc and ore beneficiation. The production capacity of both Lead-Zinc and Ore beneficiation is to be increased from 1.5 million tonnes per annum (MTPA) to 4 MTPA.
The stock price reacted positively to this news and it rose almost 2% to Rs.273.90. Its 52-week high and low stands at Rs.289.85 and Rs.135.80 respectively.