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NEW DELHI: Shares of Hindustan Zinc Ltd. traded 2.96 per cent up in Wednesday's trade at 11:36AM (IST). Around 245,354 shares changed hands on the counter.
The scrip opened at Rs 231.25 and touched an intraday high and low of Rs 232.25 and Rs 226.55, respectively, in the session so far. The stock of Hindustan Zinc Ltd. quoted a 52-week high of Rs 258.8 and a 52-week low of Rs 122.
Total market cap of the Hindustan Zinc Ltd. stood at Rs 96928.82 crore at the time of writing this report.
Hindustan Zinc has reported a 7 per cent year-on-year drop in consolidated net profit at Rs 1,940 crore for the second quarter of the financial year 2021, as against Rs 2,081 crore during the same quarter last year, mainly on account of higher depreciation and finance costs.
Key Financials
The company reported consolidated sales of Rs 5533 crore for the quarter ended 30-Sep-2020, up 41.94 per cent from previous quarter's Rs 3898 crore and up 24.03 per cent from the year-ago quarter's Rs 4461 crore.
The net profit for latest quarter stood at Rs 1359 crore, down 23 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2020, domestic institutional investors held 0.29 per cent stake in the firm, while foreign institutional investors held 1.04 per cent and the promoters 64.92 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 15.15 and a price-to-book ratio of 1.63. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Hindustan Zinc Ltd. belongs to the Metals - Non Ferrous - Copper/Zinc/Alloys - Products industry.
The scrip opened at Rs 231.25 and touched an intraday high and low of Rs 232.25 and Rs 226.55, respectively, in the session so far. The stock of Hindustan Zinc Ltd. quoted a 52-week high of Rs 258.8 and a 52-week low of Rs 122.
Total market cap of the Hindustan Zinc Ltd. stood at Rs 96928.82 crore at the time of writing this report.
Hindustan Zinc has reported a 7 per cent year-on-year drop in consolidated net profit at Rs 1,940 crore for the second quarter of the financial year 2021, as against Rs 2,081 crore during the same quarter last year, mainly on account of higher depreciation and finance costs.
Key Financials
The company reported consolidated sales of Rs 5533 crore for the quarter ended 30-Sep-2020, up 41.94 per cent from previous quarter's Rs 3898 crore and up 24.03 per cent from the year-ago quarter's Rs 4461 crore.
The net profit for latest quarter stood at Rs 1359 crore, down 23 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2020, domestic institutional investors held 0.29 per cent stake in the firm, while foreign institutional investors held 1.04 per cent and the promoters 64.92 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 15.15 and a price-to-book ratio of 1.63. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Hindustan Zinc Ltd. belongs to the Metals - Non Ferrous - Copper/Zinc/Alloys - Products industry.
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