Hindustan Zinc Share Price Rises Ahead Of Board Meeting To Consider Dividend

Hindustan Zinc Ltd.'s share price rose 4.15% as investors look forward to the upcoming Board of Directors meeting on June 11. The meeting is set to discuss and potentially approve the first interim dividend on equity shares for the financial year 2025-26.

According to an exchange filing dated June 6, Hindustan Zinc stated, "The Board of Directors of the Company will meet on Wednesday, June 11, 2025, to consider and approve the first interim dividend on equity shares, if any, for FY26." The record date for determining shareholder eligibility to receive the dividend, if declared, is June 17.

Hindustan Zinc Limited, a prominent player in the Indian metal and mining industry, is the world's largest integrated zinc producer and a leading silver producer. The company operates primarily in Rajasthan and Uttarakhand, producing zinc, lead, silver, and other products. Hindustan Zinc is a subsidiary of Vedanta Ltd., with the Indian government holding a significant stake in the company.

The scrip rose as much as 4.15% to Rs 546.80 apiece. It pared gains to trade 1.93% higher at Rs 535.15 apiece, as of 10:14 a.m. This compares to a 0.20% advance in the NSE Nifty 50 Index.

It has fallen 20% in the last 12 months. Total traded volume so far in the day stood at 7.3 times its 30-day average. The relative strength index was at 79.

Out of 16 analysts tracking the company, six maintain a 'buy' rating, three recommend a 'hold,' and seven suggest 'sell,' according to Bloomberg data.