Buy Hindustan Zinc, target Rs 290: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Hindustan Zinc Ltd. with a target price of Rs 290.0 . The current market price of Hindustan Zinc Ltd. is Rs 280.85 Time period given by analyst is Intra Day when Hindustan Zinc Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 274. Hindustan Zinc Ltd., incorporated in 1966, is a large cap company with a market cap of Rs 118203.30 crore.
Hindustan Zinc Ltd. key Products/Revenue Segments include Lead/Zinc which contributed Rs 16577.00 Crore to Sales Value (88.18 % of Total Sales), Silver which contributed Rs 1889.00 Crore to Sales Value (10.04 % of Total Sales), Wind Energy which contributed Rs 176.00 Crore to Sales Value (0.93 % of Total Sales), Scrap which contributed Rs 111.00 Crore to Sales Value (0.59 % of Total Sales), Other Operating Revenue which contributed Rs 45.00 Crore to Sales Value (0.23 % of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 31-03-2018, the company has reported a Standalone sales of Rs 6277.00 Crore, up 5.99 % from last quarter Sales of Rs 5922.00 Crore and down -7.09 % from last year same quarter Sales of Rs 6756.15 Crore Company has reported net profit after tax of Rs 2505.00 Crore in latest quarter.
The company’s top management includes Mr.A R Narayanaswamy, Mr.Agnivesh Agarwal, Mr.Arun L Todarwal, Mr.Farida M Naik, Mr.Navin Agarwal, Mr.Sudhir Kumar, Mr.Sunil Duggal, Ms.Reena Sinha Puri. Company has S R Batliboi & Co. LLP as its auditoRs As on 31-03-2018, the company has a total of 4,225,319,000 shares outstanding.
Hindustan Zinc Ltd. key Products/Revenue Segments include Lead/Zinc which contributed Rs 16577.00 Crore to Sales Value (88.18 % of Total Sales), Silver which contributed Rs 1889.00 Crore to Sales Value (10.04 % of Total Sales), Wind Energy which contributed Rs 176.00 Crore to Sales Value (0.93 % of Total Sales), Scrap which contributed Rs 111.00 Crore to Sales Value (0.59 % of Total Sales), Other Operating Revenue which contributed Rs 45.00 Crore to Sales Value (0.23 % of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 31-03-2018, the company has reported a Standalone sales of Rs 6277.00 Crore, up 5.99 % from last quarter Sales of Rs 5922.00 Crore and down -7.09 % from last year same quarter Sales of Rs 6756.15 Crore Company has reported net profit after tax of Rs 2505.00 Crore in latest quarter.
The company’s top management includes Mr.A R Narayanaswamy, Mr.Agnivesh Agarwal, Mr.Arun L Todarwal, Mr.Farida M Naik, Mr.Navin Agarwal, Mr.Sudhir Kumar, Mr.Sunil Duggal, Ms.Reena Sinha Puri. Company has S R Batliboi & Co. LLP as its auditoRs As on 31-03-2018, the company has a total of 4,225,319,000 shares outstanding.
Read this article in :Hindi