Thursday 21 July 2016

Hindustan Zinc Q1 PAT at Rs.1,036 crore

The company's total income has decreased from Rs.4,213.23 crore for the quarter ended June 30, 2015 to Rs.3,140.74 crore for the quarter ended June 30, 2016.

Hindustan Zinc Ltd
Hindustan Zinc Ltd announced the following unaudited results for the quarter ended June 30, 2016:

The company has posted a net profit of Rs.1,036.86 crore for the quarter ended June 30, 2016 as compared to Rs.1,940.14 crore for the quarter ended June 30, 2015. The company's total income has decreased from Rs.4,213.23 crore for the quarter ended June 30, 2015 to Rs.3,140.74 crore for the quarter ended June 30, 2016.

Stock view:

Hindustan Zinc Ltd is currently trading at Rs. 193.6, down by Rs. 0.45 or 0.23% from its previous closing of Rs. 194.05 on the BSE.

The scrip opened at Rs. 187.95 and has touched a high and low of Rs. 195.9 and Rs. 187.95 respectively. So far 1139027(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 81991.95 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 203.3 on 13-Jul-2016 and a 52 week low of Rs. 117.2 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 197.9 and Rs. 185.4 respectively.

The promoters holding in the company stood at 64.92 % while Institutions and Non-Institutions held 32.41 % and 2.67 % respectively.

The stock is currently trading above its 50 DMA.

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