Having been in activity for north of fifty years, our anxiety is for the security of our kin as well as saving the couple of normal assets accessible utilizing innovation and broad research.At 105.7 million MT, we have a hold base which flaunts a typical zinc-lead level of 10.5%; we likewise have mineral assets that add up to 305.6 million MT. The Rampura Agucha site is home to the world’s greatest underground wellspring of zinc.
Hindustan Zinc Share Price Target 2024-2030
Hindustan Zinc, founded in 1966, is the second-largest integrated zinc producer in the world for lead and silver. Presently, it is the third biggest Silver maker. Hindustan Zinc delivers its power at hostage nuclear power offices and furthermore fabricates wind power plants as a component of endeavors for clean energy creation and independence.
Hindustan Zinc Share Price Target Today Update
Hindustan Zinc Ltd is an organization that has been recorded on the stock trades and the stock costs are for the most part being seen expanding there are not many examples where the stock prices were seen falling anyway it gets concealed with time and benefits procured by the organization. The company receives a fair amount of share capital as a result of the increased demand for the shares and the stock’s full subscription. The benefit of the organization is steady and for the most part increments over the timeframe which contributes towards making the organization a productive one.
What Is Hindustan Zinc?
Established in 1966, Hindustan Zinc Limited is a mining and creation organization zeroed in on delivering zinc, cadmium, lead, and silver. The Indian government previously possessed Hindustan Zinc. Vedanta Limited purchased Hindustan Zinc later in 2003. Currently, Hindustan Zinc is a subsidiary of VEDL. Hindustan Zinc’s primary office is situated in Udaipur. The Sindesar Khurd mine, the Rampura Agucha mine, and the Zawar and Kayad mines are all owned and operated by Hindustan Zinc.
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Hindustan Zinc Business Profile
The firm transacts through two sections: Zinc, Lead, Silver and others, and Wind energy. The partnership has its tasks partitioned into five zinc-lead mines, four zinc smelters, one lead smelter, one zinc-lead smelter, eight sulfuric corrosive plants, one silver treatment facility plant, six hostage nuclear energy stations and four hostage sun oriented plants in Rajasthan state. Rampura Agucha, Sindesar Khurd, Rajpura Dariba, Zawar, and Kayad are its mines.
Manufacturing Capabilities
Facilities having a place with the organization are found at following spot, Rampura Agucha, Chanderiya, Dariba, Kayad and Zawar in Rajasthan, India. In addition, they have refineries, zinc-lead processing plants, and a silver refinery in Uttarakhand’s Pantnagar. It as of now has a creation limit with regards to mined metal which adds up to around 1.2MTPA each year while its handling includes a coordinated zinc/lead/silver activity.
Reserve & Resources
The R&R toward the finish of FY24 was absolutely 456.3 million tons with metal substance 30.8 million tons (in the wake of assessing 1.1 million tons delivered in FY24). Keep in mind that R&R will sustain metal production for more than 25 years at the current mining rates. There has been a 35% increment in the R&R over the most recent 5 years (118 million tons of gradual metal) at a development of 65.1 million tons of mineral in FY24. With an increased emphasis on resource-to-reserve conversion throughout the year, total ore reserves amounted to 175.1 million tonnes by the end of FY24, while net production in FY24 was 16.5 million tonnes.
Power Delivery Agreement
For the Dariba (200 MW) and Chanderiya (250 MW) plants, the company has signed Power Delivery Agreements (PDAs) with Serentica Renewable India Pvt Ltd (SRI4PL and SRI5PL, respectively). The Serentica Gathering, of which SRI4PL and SRI5PL Prt are a section, is wanting to make ~4GW of Sustainable power in various states on request for ventures to supply get all-time power. commissioned and completed in stages from April 24 to June 25.
Hindustan Zinc Fundamentals & Quarterly Results
| Market Cap | ₹ 2,75,681 Cr. |
| Current Price | ₹ 652 |
| High / Low | ₹ 808 / 285 |
| Stock P/E | 35.5 |
| Book Value | ₹ 36.0 |
| Dividend Yield | 1.96 % |
| ROCE | 46.2 % |
| ROE | 55.2 % |
| Face Value | ₹ 2.00 |
| Debt to equity | 0.57 |
| Debt Capacity | 0.14 |
| Debt preceding year | ₹ 11,881 Cr. |
| Debt | ₹ 8,722 Cr. |
| Reserves | ₹ 14,388 Cr. |
| EPS | ₹ 18.4 |
| EPS last year | ₹ 18.4 |
| Pledged percentage | 99.0 % |
| FCF Prev Ann | ₹ 11,696 Cr. |
| EVEBITDA | 19.3 |
| Industry PE | 37.7 |
| PEG Ratio | 148 |
| Piotroski score | 5.00 |
| Earnings yield | 3.91 % |
| Sales growth 5 Years | 6.50 % |
Hindustan Zinc Quarterly Results
| Quarter/Year | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
| Sales | 8,797 | 9,387 | 8,336 | 7,866 | 8,509 | 7,282 | 6,792 | 7,310 | 7,550 |
| Expenses | 3,834 | 4,249 | 3,928 | 4,159 | 4,250 | 3,934 | 3,653 | 3,790 | 3,896 |
| Operating Profit | 4,963 | 5,138 | 4,408 | 3,707 | 4,259 | 3,348 | 3,139 | 3,520 | 3,654 |
| OPM % | 56% | 55% | 53% | 47% | 50% | 46% | 46% | 48% | 48% |
| Other Income | 277 | 310 | 367 | 349 | 356 | 287 | 231 | 305 | 280 |
| Interest | 66 | 44 | 51 | 62 | 176 | 218 | 232 | 243 | 262 |
| Depreciation | 816 | 731 | 798 | 807 | 928 | 801 | 825 | 904 | 936 |
| Profit before tax | 4,358 | 4,673 | 3,926 | 3,187 | 3,511 | 2,616 | 2,313 | 2,678 | 2,736 |
| Tax % | 33% | 34% | 32% | 32% | 26% | 25% | 25% | 24% | 25% |
| Net Profit | 2,929 | 3,093 | 2,681 | 2,157 | 2,589 | 1,970 | 1,737 | 2,038 | 2,042 |
| EPS in Rs | 6.93 | 7.32 | 6.35 | 5.10 | 6.13 | 4.66 | 4.11 | 4.82 | 4.83 |
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CAGR Report
| Metric | 10 Years | 5 Years | 3 Years | TTM / Last Year |
| Compounded Sales Growth | 8% | 7% | 9% | -15% |
| Compounded Profit Growth | 3% | 0% | 0% | -26% |
| Stock Price CAGR | 15% | 25% | 25% | 105% |
| Return on Equity | 25% | 29% | 39% | 55% |
Hindustan Zinc Shareholding Pattern
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Jun 2024 |
| Promoters | 64.92% | 64.92% | 64.92% | 64.92% | 64.92% | 64.92% | 64.92% | 64.92% | 64.92% |
| FIIs | 2.64% | 2.26% | 1.50% | 0.99% | 1.10% | 0.79% | 0.80% | 0.60% | 0.74% |
| DIIs | 1.08% | 1.54% | 2.44% | 2.72% | 2.55% | 2.95% | 2.94% | 2.98% | 3.01% |
| Government | 29.54% | 29.58% | 29.58% | 29.58% | 29.59% | 29.58% | 29.54% | 29.54% | 29.54% |
| Public | 1.83% | 1.70% | 1.56% | 1.78% | 1.83% | 1.76% | 1.79% | 1.97% | 1.78% |
| No. of Shareholders | 92,788 | 1,02,358 | 1,09,998 | 1,34,567 | 1,71,765 | 2,65,578 | 3,21,016 | 4,22,072 | 4,45,929 |
Hindustan Zinc Share Price Target 2024-2030 Forecast
| Year | Initial Target | Mid-Year Target | Year-End Target |
| 2024 | ₹848.55 | ₹1088.31 | ₹1232.16 |
| 2025 | ₹1257 | ₹1181 | ₹1410 |
| 2026 | ₹1438 | ₹1351 | ₹1612 |
| 2027 | ₹1644 | ₹1546 | ₹1845 |
| 2028 | ₹1882 | ₹1769 | ₹2113 |
| 2029 | ₹2155 | ₹2025 | ₹2417 |
| 2030 | ₹2465 | ₹2316 | ₹2764 |
Hindustan Zinc Share Price Target 2025
| Month | Target |
| January | ₹1257 |
| February | ₹1282 |
| March | ₹1308 |
| April | ₹1264 |
| May | ₹1222 |
| June | ₹1181 |
| July | ₹1228 |
| August | ₹1277 |
| September | ₹1328 |
| October | ₹1355 |
| November | ₹1382 |
| December | ₹1410 |
Hindustan Zinc Share Price Target 2026
| Month | Target |
| January | ₹1438 |
| February | ₹1467 |
| March | ₹1496 |
| April | ₹1446 |
| May | ₹1398 |
| June | ₹1351 |
| July | ₹1405 |
| August | ₹1461 |
| September | ₹1519 |
| October | ₹1549 |
| November | ₹1580 |
| December | ₹1612 |
Hindustan Zinc Share Price Target 2027
| Month | Target |
| January | ₹1644 |
| February | ₹1677 |
| March | ₹1711 |
| April | ₹1654 |
| May | ₹1599 |
| June | ₹1546 |
| July | ₹1608 |
| August | ₹1672 |
| September | ₹1739 |
| October | ₹1774 |
| November | ₹1809 |
| December | ₹1845 |
Hindustan Zinc Share Price Target 2028
| Month | Target |
| January | ₹1882 |
| February | ₹1920 |
| March | ₹1958 |
| April | ₹1893 |
| May | ₹1830 |
| June | ₹1769 |
| July | ₹1840 |
| August | ₹1914 |
| September | ₹1991 |
| October | ₹2031 |
| November | ₹2072 |
| December | ₹2113 |
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Hindustan Zinc Share Price Target 2029
| Month | Target |
| January | ₹2155 |
| February | ₹2198 |
| March | ₹2242 |
| April | ₹2167 |
| May | ₹2095 |
| June | ₹2025 |
| July | ₹2106 |
| August | ₹2190 |
| September | ₹2278 |
| October | ₹2324 |
| November | ₹2370 |
| December | ₹2417 |
Hindustan Zinc Share Price Target 2030
| Month | Target |
| January | ₹2465 |
| February | ₹2514 |
| March | ₹2564 |
| April | ₹2479 |
| May | ₹2396 |
| June | ₹2316 |
| July | ₹2409 |
| August | ₹2505 |
| September | ₹2605 |
| October | ₹2657 |
| November | ₹2710 |
| December | ₹2764 |
Points Before Investing in Hindustan Zinc Ltd:-
- The risk factors engaged with the stocks should be noted and dealt with before speculation even after the venture keeps the elements to you.
- The amount to be contributed should be resolved ahead of time with the conference of a monetary counsel and the amount ought to be effectively impacted.
- Because the prices of stocks can change at any time, it’s important to keep an eye on them at all times.
- The financials of the organization are to be checked and the patterns with respect to the benefits and profits are to be noticed.
- The expenses to be suggested on the offers should be seen and there patterns of earlier years to be noticed.
Final Words
The shares of Hindustan Zinc ltd, a company that has been listed on stock exchanges for a longer time, are always seen rising, so the company’s performance eventually improves. Because the company’s profits can make up for the drop in share prices, they are frequently observed. The interest of the offers is high subsequently generally every one of the portions of the organization got bought in and a higher offer capital sum is gotten by the organization. An appropriate standing is being procured by the organization which assists them with auctioning off their stocks and acquire adequate benefits that can be utilized for differed purposes.
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