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HINDUSTAN ZINC DIVESTMENT
Government said to weigh up to $525 million Hindustan Zinc share saleThe government is considering selling up to a 2% stake in Hindustan Zinc Ltd., a move that could raise around Rs 5,000 crore. The stake sal...- Rs 1 lakh to Rs 14 crore in 24 years! Hindustan Zinc delivers 1,400x returns since Vedanta’s purchaseHindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has g...
- Hindustan Zinc stake sale: Govt holds roadshows in India and abroadThe government has conducted roadshows in major financial capitals to assess the market for selling its 29.5% stake in Hindustan Zinc Ltd. ...
- Divestment of shares of silver and zinc companies separately may be easier than divestment of HZL: Arun MisraArun Misra, CEO of Hindustan Zinc, says the company has seen a strong set of earnings with revenue growth of 8% and expanded margins. Deman...
- Hindustan Zinc restructuring proposal may derail divestment planA corporate restructuring plan initiated by Hindustan Zinc Ltd (HZL) has raised concerns about the government's plan to sell part of its 29...
- Zinc International deal with Vedanta off the table; Indian demand offsets global demand dip: HZL CEOArun Misra, CEO of Hindustan Zinc, stated that there is currently no proposal for the board to consider the decision made at the annual gen...
- Government against $3 billion Vedanta international zinc business sale to Hindustan ZincValuation of the assets is among several concerns flagged by the government, which holds a 29.54% stake in HZL that was privatised more tha...
- Hindustan Zinc rallies 7% on govt stake sale buzzET Now, citing sources, said the government will sell its entire stake in Hindustan Zinc. It holds 29.54 per cent of the zinc producer. The...
- Vedanta gains 4% as SC permits govt to divest stake in arm Hindustan ZincWhile the Supreme Court ordered an investigation into alleged irregularities in previous attempts to divest stake in Hindustan Zinc, it did...
- Govt can sell Hindustan Zinc Ltd stake in open market as per court order, says VedantaTwo decades after the first NDA government, led by then Prime Minister Atal Bihari Vajpayee, decided to divest stake in Hindustan Zinc Ltd ...
- SC seeks CBI response on providing copy of probe into disinvestment of govt share in Hindustan ZincA bench headed by Chief Justice S A Bobde took note of the submission of lawyer Prashant Bhushan, appearing for an association of officers ...
- HZL catches investors’ eye on zinc price surge, talk of buyback offerWith the buyback, the promoter holding in Hindustan Zinc is set to rise allowing greater control over the board, and make it possible for A...
- Finance Ministry for auction of stake in Hindustan Zinc, says Parliament nod not neededHindustan Zinc was incorporated after the erstwhile Metal Corporation of India Ltd was nationalised through the Metal Corporation (National...
- Government wasting time on finalising Hindustan Zinc's stake sale: VedantaThe Vedanta chief also said that he is not concerned about any inquiry on divestment of majority stake in Hindustan Zinc to his firm.
- Yet to hear from govt on HZL, Balco stake sale: VedantaVedanta which had acquired majority stake in Balco and HZL during 2001-2003, has been engaging the govt for over 2 years now on acquiring r...
- 'Open to all routes for buying remaining stakes in Hindustan Zinc, Balco'Economic Affairs Secretary Arvind Mayaram had said that there is "no legal impediment" in divesting residual stakes of Hindustan Zinc and B...
- Government may take the IPO route for Balco’s price discoveryThe government may go for an IPO of Balco shares to determine the firm’s current market price before it divests its 49% residual stake to V...
- Buy Hindustan zinc on every decline: Centrum Wealth ManagementThere is a possibility of divesting stake in Hindustan Zinc and already we have seen that it would happen around 25% premium to the current...
- Hindustan Zinc is decent buy: Ashwani GujralHindustan Zinc was a recommendation in the morning and Hindustan Zinc finds support often around Rs 125.
- Govt may part with control in HZL selloffNEW DELHI: Government divestment in Hindustan Zinc, scheduled to be taken up on Wednesday, will set several trends and mark several departu...
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